Agent says Lidl was the only business to make a firm offer for Ashfield House site in Ashby

By Graham Hill

29th Mar 2024 | Local News

Lidl wants to demolish the Ashfield House building in Ashby. Photo: Ashby Nub News
Lidl wants to demolish the Ashfield House building in Ashby. Photo: Ashby Nub News

Lidl has provided a published list of parties who showed an interest in buying Ashfield House in Ashby - but did not make an offer on the site.

The bargain supermarket chain, which already has stores in Coalville and Swadlincote, wants to demolish the building and construct a brand new store in Resolution Road.

That would be in an area already served by Tesco, Aldi, B&M and M&S.

Tesco has already lodged objections to the scheme.

An artist's impression of how the new Lidl store in Ashby would look. Image: Lidl

This has led to concerns over traffic congestion, but North West Leicestershire District Council also raised questions over the need to bulldoze an office block.

The council posed a series of questions to Lidl last year over their plans to knock down the existing building

A response came from Lidl's agents, Rapleys, which said that the loss of employment land is 'justifiable in this instance' adding there had been no demand for office space.

Now North West Leicestershire District Council has been given details of parties who enquired about moving in - but did not follow through.

The information has been provided by Birmingham-based real estate agents, JLL, which says Lidl completed a deal to buy the Ashfield House site in January, 2023, after a year on the market.

Ashfield House in Resolution Road. Photo: Instantstreetview.com

A letter to Lidl from JLL - which has been passed to North West Leicestershire District Council - says that eight parties showed an interest in buying the site before Lidl did.

JLL says among those enquiring was a property investment company which considered the property was; 'A risky investment due to minimal letting prospects and the inability to easily sub-divide.'

A care home business also showed interest but 'did not progress due to the cost and complexity in converting the existing building'.

JLL says a private trust investment company rejected the site as an investment because of 'the lack of demand for office space and the investment was deemed too risky'.

An industrial developer said it planned to take on the site, but it was 'not financially viable'.

JLL adds that no offers were received for the site other than from Lidl.

     

New ashby Jobs Section Launched!!
Vacancies updated hourly!!
Click here: ashby jobs

Share:

Related Articles

Ben Witcomb, who works at Linnaeus-owned Woodward Veterinary Practice in Ashby de la Zouch, and his partner Dan Roden volunteered at the Amazon Shelter in Peru
Local News

Vet nurse swaps Ashby de la Zouch for the Amazon to volunteer at shelter in Peru

North West Leicestershire MP Amanda Hack has met Rail Minister Lord Hendy to present the case for the Ivanhoe Line. Photo: Supplied
Local News

Ashby MP Hack presents case for Ivanhoe Line to Rail Minister - and launches local transport survey

Sign-Up for our FREE Newsletter

We want to provide ashby with more and more clickbait-free local news.
To do that, we need a loyal newsletter following.
Help us survive and sign up to our FREE weekly newsletter.

Already subscribed? Thank you. Just press X or click here.
We won't pass your details on to anyone else.
By clicking the Subscribe button you agree to our Privacy Policy.