Subject to Contract Offer for sale:
Leicester City Council “the Vendor” invites, subject to contract, offers for the freehold purchase of Land at Maidenwell Avenue, Hamilton Way, Leicester, LE5 1BL. The site is to be sold with vacant possession.
The Purchaser will be responsible for obtaining any required planning permission.
The site is subject to a registered restrictive covenant, which the Council at its discretion, may engage with the covenant holder for changes depending on the interested party’s proposed use.
Interested parties are invited to complete the Due Diligence Questionnaire and submit their best written offers using the Bid and Declaration Form by Friday 4 July 2025 at 2 pm.
Leicester City Council “the Vendor” does not bind itself to accept the highest or any offer.
Overview:
This development site is located at Maidenwell Avenue and is adjacent to Tesco Extra site (Hamilton) and Hilltop Doctors Surgery. It is on the main access route to the Hamilton residential area and ring road A563 Hamilton Way.
• Site is an open area of grassland for development (subject to planning)
• Prime 1,960m2 (0.48 acres) development site.
• Town Centre Commercial Zone.
• Well-established commercial location
Local Plan and Planning Advice:
In the local plan the site is categorised as Town Centre Commercial Zone. There is currently a CS11 Retail Hierarchy and potential for E05 Major Office Development and it is expected the site could be suitable for Education, Community and Leisure, subject to planning approval.
Considerations and offer process:
• Interested parties are invited to submit a written financial offer (in £s sterling) “the Bid” for the freehold interest of the site, by completing and returning to the Vendor the: Due Diligence Questionnaire and the Bid and Declaration Form.
• The financial offer should be for a fixed amount (in £s sterling) and must not be calculable by reference to another bid, document or formula and must be exclusive of VAT. If the bid requires funding from a third party, then details of the borrowing monetary cap and the summary of terms must be disclosed, a certified copy letter from the funder will be required.
• The Vendor expressly reserves the right upon the opening of offers to call for additional information or clarification and/or conduct a due diligence exercise, which it may require before reaching any decision.
• All interested parties shall accept full responsibility for and take appropriate steps to ensure compliance with the requirements in this document, and any failure to do so, at the discretion of the Vendor, shall render a sealed bid disqualified. On disqualification, the Vendor’s decision is final, and no appeal will be permitted.
• All interested parties must complete the Due Diligence Questionnaire and Bid and Declaration Form and ensure they are returned to the Vendor by email only to the address: MaidenwellAve-Land@Leicester.gov.uk
• Bids can be submitted from Wednesday 30 April 2025 “the Start Time” and no later than 2pm Friday 4 July 2025 “the Closure Time”. Any bids transmitted and received before the Start Time or received after the Closure Time will be considered only at the discretion of the Vendor.
For further details, including the Due Diligence Questionnaire and the Bid and Declaration Form, please refer to the Property Particulars and supporting documents attached.
For viewing appointments and any enquiries, please contact Ritesh Chauhan, Spencer Turner and Hiren Vaitha:
Ritesh Chauhan | 0116 454 1738
Spencer Turner | 0116 454 1296
Hiren Vaitha
Email: MaidenwellAve-Land@Leicester.gov.uk
