Llanvaches Lane, Llanvaches, Caldicot, Newport, NP26

An attractive block of approximately 5.36 acres (2.17ha) of pastureland with potential for alternative uses (subject to planning).

DESCRIPTION

The land is situated between the villages of Penhow and Llanvaches and comprises a ringfenced block of level lying agricultural land currently down to pasture. The land has potential for a range of uses including agricultural, equestrian, recreational and amenity purposes, subject to planning. The boundaries comprise mature hedgerows.

SitUATION

Leave the A48 via Pike Road, passing the Rock and Fountain Pub on your left. Continue north for approximately 400 yards, passing a row of residential properties on the left. The access to the land is located at the end of this row. Please note that the land is accessed via a right of way.

SERVICES

Purchasers are advised to make their own enquiries with the relevant providers for any service connections

BaSIC PAYMENT SCHEME

The land is registered with the Welsh Government under the Basic Payment Scheme (BPS) however no Entitlements are included as part of this sale. The land is not included within any existing agri 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. The property does not include ownership of the access itself, but has rights granted by the Transfer dated 24 January 2013 to pass and repass, together with such rights as are necessary for its reasonable use and enjoyment.

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

Unaccompanied at any reasonable daylight hour and with a set of the property particulars to hand. We ask that interested parties contact the Magor Office on 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

£90,000

LOCAL AUTHORITY

Monmouthshire County Council: