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SOLD STC

Caerleon, Newport, NP18

£375,000

£0.24 per sq ft

Business rates & charges may apply

David James, Magor
SIZE AVAILABLE

1,538,104 sq ft

142,895 sq m

SECTOR

Land for sale

Key features

  • FOR SALE BY PRIVATE TREATY
  • Approximately 35.31 Acres (14.29 Ha)
  • Grade 2 Productive Agricultural Land
  • 3 Parcels with Internal Access
  • Direct roadside Access

Description

An attractive parcel of approximately 35.31 acres (14.29ha) of existing productive pastureland with roadside frontage to Malthouse Lane via separate access points.

DESCRIPTION

Comprising a parcel of predominantly Grade 2, gently sloping pastureland, comprising of three parcels with internal access between. The land offers direct roadside gated access in two places. The land is bound by mature hedgerow and stock fencing. The land is currently laid to pasture.

SITUATION

The land is situated on the immediate outskirts of the village of Ponthir, off the B4236 Ponthir Road, via Malthouse Lane. The town of Caerleon is situated 1.6 miles south of the land providing amenity facilities and Transport Networks via the M4 Motorway to Newport, Bristol, and Cardiff. If heading northeast towards Ponthir, via the B42236 Ponthir Road. Take the second left after passing Caerleon Carpets to Malthouse Lane. Head North on Malthouse Lane, the gateway is located on the left approx. ¼ of a mile along Malthouse Lane. Immediately adjacent the access lane to Park Farm. When using the mobile Application What Three Words; ///lend.attend.petal

SERVICES

We are not aware of any service connections to the land. Purchasers are advised to make their own enquiries with the relevant providers for any service connections.

BASIC PAYMENT SCHEME

The land is registered under the Basic Payment Scheme (BPS). The land is not within any existing environmental agreements. The entitlements are not included within the sale but are available but separate negotiation.

TENURE

Freehold with vacant possession upon completion.

EASEMENTS, COVENANTS & RIGHTS OF WAY

The property is sold subject to any rights, benefits or incidents of tenure which affect it. We understand there is a public footpath (ref. 389/18/1) which crosses the land in the southeastern corner from Malthouse Lane to Malthouse Barn Driveway.

OVERAGE PROVISION

The sale contract will include an overage provision to the effect that if planning consent is granted for anything other than agricultural or private equestrian use within 25 years of the sale date, 30% of any increase in value will be repayable to the Vendors or their successors in title.

VIEWING

The land can be walked in your own time however we strictly ask that interested parties contact David James to register their interest.

LOTTING & RESERVE

It is anticipated that the property will be offered as shown however the Vendor reserves the right to withdraw, alter or amend the extent of the property being offered

GUIDE PRICE

Guide Price: £375,000 (Three Hundred and Seventy-Five Thousand Pounds).

LOCAL AUTHORITY

Newport County Council:

Brochures

Caerleon, Newport, NP18

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newport (S. Wales) Station2.9 miles
  • Cwmbran Station3.1 miles
  • Pye Corner Station4.4 miles

About David James, Magor

Court Barn, West End, Magor, Monmouthshire, NP26 3HT

David James, Magor

David James act in the sale, letting and valuation of all types of commercial property including offices, workshop, retail and storage premises. Historically, acting in the management of rural business lets, our service has expanded to manage investment portfolios, urban and high street properties for our retained clients, advising on lease renewal and end of tenancy matters and ensuring rent collections.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference MAG240041. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by David James, Magor. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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