Ashfield Land has acquired 40 acres of land to the west of Shawell in Leicestershire with the potential for high quality distribution/logistics development.
The site – which fronts the A5 and is just off the M1 (between J19 ‘Catthorpe interchange’ and J20), and M6 (J1) – is in the heart of the UK ‘Golden Triangle’ for logistics uses.
The site and location are ideally suited for centrally located and strategically connected distribution and logistics development.
The deal is unconditional. Ashfield Land will now use its experience and expertise to bring proposals for the site forwards.
Ben Holmes, Director of Ashfield Land, said: “This is a textbook Ashfield Land deal for a site which has outstanding potential for logistics development within a very exciting market.
“We’re delighted to have completed the unconditional acquisition and are looking forward to progressing with our plans to secure planning and deliver a best in class logistics development in the heart of the Golden Triangle.”
The site will now be promoted for B2/B8 commercial development.
Ashfield Land will be bringing a planning application to Harborough District Council at the earliest opportunity.