Pant-y-Fforest, Ebbw Vale, Blaenau Gwent, NP23

FOR SALE BY AUCTION: Terms and conditions apply.

We are pleased to offer to auction this development site measuring approximately 4 acres (1.7 hectare) outline planning has been granted for the development of 21 detached dwellings, however this could be increased to more than 30 if required, STPP. Additionally the site has full planning in place for an access road into the development.

The site occupies an elevated position with wonderful views across the surrounding countryside and Valleys and towards Ebbw Vale and is situated close to other executive properties and a development of bungalows and executive detached dwellings.

The area benefits from an excellent range of amenities and shopping facilities, schools and access to the A470 Heads of the Valley link road to Merthyr Tydfil and Abergavenny. The town of Ebbw Vale has enjoyed a good level of regeneration and development over the last few years, including re development of the the former steelworks site and prior to that The Festival Park shopping centre. There is also a direct rail line to Cardiff.

Please note: We have not inspected this site.

Location

The subject site is well located along Pant y Fforest. The subject site is located approximately 0.9 miles from Ebbw Vale town centre and approximately 22.2 miles from Newport city centre.

Site Details

Development site measuring approximately 4 acres with planning for development of 21 detached dwellings, the current owners have stated this could be increased to 34 dwellings if required subject to change of planning application and has full planning in place for an access Road into the development.

Tenure

FREEHOLD. TITLE NUMBER: CYM277800
FREEHOLD. TITLE NUMBER: WA871592
FREEHOLD. TITLE NUMBER: CYM506114
FREEHOLD. TITLE NUMBER: WA715202
FREEHOLD. TITLE NUMBER: CYM277623

Planning Permission

Outline planning approval has been granted for the development of 21 dwellings currently.
Please refer to local authority (Blaenau Gwent) and legal pack for further information.
Planning application number C/2009/0394

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.