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No longer on the market

This property is no longer on the market

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Land

Sold STC
Land
35.31 acre(s)
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

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

Rooms

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).

Property information from this agent

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About this agent

David James - Magor
David James - Magor
Court Barn, West End Magor NP26 3HT
01633 449282
Full profileProperty listings
A NAME YOU CAN TRUST With a history that reaches all the way back to 1849, we are justifiably proud of our heritage but recognise that we must invest in our future. In 2017 David James and Partners merged with Newland Rennie to become DJ & P Newland Rennie. After five years of successful trading we rebranded in 2022. Our new name, David James, reflects the reach and focus of our business and ensures consistency across all offices. The investment in the next stage of David James doesn’t stop with name and brand. We have also looked at our business, people, processes and systems to ensure that our residential, agricultural and commercial clients are receiving exactly the expertise and support they need in these challenging times.
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