Auction Property

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Location: Land at Llannon Road, Upper Tumble, Llanelli, Carmarthenshire, SA14 6BW

Summary:
Residential Development Site with outline planning permission

Guide Price: AVAILABLE £200,000

Full Description:
An opportunity to acquire a development site extending to approximately 0.89 hectares (2.2 acres) or thereabouts in an established residential area, overlooking countryside. The site is within 1.5 miles of the village of Cross Hands, with all its amenities and 4 miles from the M4 (Junction 49) and 7 miles from Llanelli. The site, accessed directly from the A476 formerly housed a petrol filling station, haulage yard and workshop, and now comprises the steel framework of the former workshop and a dilapidated kiosk. Outline planning permission (Ref: S/26485)) was granted for residential development on February 24th 2014 and a S.106 Agreement completed for 20% Affordable Housing. Approval of Reserved Matters followed on the 19th June 2017 (Ref: S/35152) for a mix of 24 residential units. Interested parties are advised to make any further enquiries with Carmarthenshire County Council’s planning department in relation to the extant planning consent or any other potential development proposals. Tenure: Freehold – the site is held under two titles (WA507283 and WA328341); please refer to the legal pack for verification of tenure. Viewing: The land can be inspected, but it is recommended that interested parties exercise caution when entering upon it. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused. Please note: We have been advised that No.19 Llannon Road has a right of way allowing access to the rear of the property and that there are mutual rights of way over a small wedge of land on the road frontage bounding 23 Llannon Road in order to safeguard the vision splay. Please refer to the legal pack for any further information in this regard. Further Information: Auctioneers Office, Seel & Co Ltd (029) 2037 0117 Guide Price: £185,000+ Additional Fees: Buyers Premium – 0.5% with minimum of £600 (inc of VAT) payable on exchange of contracts. Please check the legal pack for any further disbursements that may be payable by the purchaser on completion. Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.