Commercial property for sale in Penylan Road, Argoed, Blackwood, Caerphilly NP12

Guide price £115,000
Interested in this property? Call +44 1291 326961 * or Request Details

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Commercial property for sale

Property features

  • For sale by private treaty
  • Approximately 12.90 Acres (5.23 Ha)
  • Two Parcels of Pastureland
  • Roadside Access
  • Suitable for agricultural, equestrian or amenity use (STP).

Property description

An attractive parcel of approximately12.90 acres (5.23ha) of existing pastureland with potential for alternative uses (subject to planning).

Description

Comprising of two parcels of Grade 4 Agricultural pastureland with gated roadside access. The land extends to 3.93acres (1.59 ha) and 9.00 acres (3.64 ha) and is currently down to pasture. The land is bound by post and wire fencing and mature hedgerow boundary which is considered stock proof. The land is edged red on the plan for identification purposes.

Situation

The land is located 0.6 miles north of the village of Argoed, between Blackwood (2.6) and Tredegar (16 miles). The A467 is located 5 miles distant providing network connection to Junction 24 of the M4 Motorway network to Newport (16.5 miles) and Cardiff (19.7 miles).
If heading North on B4511/ Penylan Road towards Abernant Road, take your first left at the junction before the livestock on road warning sign onto Heol Pen- Rhiw’r Eglwys. The land is accessible via the second gateway on the left.
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Services

We understand there is a natural water supply from a stream to the south of the land. Purchasers are advised to make their own enquiries with the relevant providers for any service connections.

Basic Payment Scheme

The land not registered under the Basic Payment Scheme (bps). The land is not within any existing environmental agreements.

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. A. 3.93 acres can be accessed directly from Penylan Road which we understand there is a permissive right of way granted over the entrance area.

Overage Provision

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

Strictly by appointment only. We 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.

Local Authority

Caerphilly County Borough Council:

Property info

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For more information about this property, please contact
David James, NP26 on +44 1291 326961 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by David James, and do not constitute property particulars. Please contact David James for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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