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Terraced house
Key information
Property description & features
- Tenure: Freehold
Development plot approx. 0.26 acres of land with full planning permission for 4/5 light industrial units conveniently located off Lamby Way in Cardiff.
Description
An opportunity to acquire a level development site that equates to approximately 0.26 acres or thereabouts on the north-western side of Lamby Way Workshops estate in Cardiff. The estate accommodates four terraces of industrial/warehouse units near to the subject land, with a fifth relatively new terrace of units having recently been added along the estate fronting Lamby Way. Lamby Way is located to the east side of Cardiff and is approximately 3 miles from the city centre, with good road links to the M4 via the nearby A48.
The land benefits from full planning permission for the development of four light industrial units (663sq.m/7,134 sq.ft) (B1, B2 or B8) and was granted by Cardiff Council on March 10th 2017 (16/02282/MNR), subject to conditions. The proposed plans highlight an area of 663 sq.m/7,134 sq.ft for four units. Permission has been granted by Cardiff Council on May 28th 2021 (21/00471/MNR) for the variation of Condition 2 to amend the approved plans (201 R7 (proposed ground floor plans) and 202 R7 (proposed elevations) apply). The site offers a developer an ideal opportunity to create four/five new units in close proximity to the existing ones on the estate.
The plans highlighted on the consent show four units, however unit No.4 is the largest and could be split in the middle if required, with the fifth roller shutter apparent in the design. We understand that the proposed design also incorporates mezzanine flooring.
Interested parties are advised to make any further enquiries with Cardiff Council's planning department in relation to the extant planning consent.
Informed Freehold please refer to legal pack for verification of tenure
Additional Fees
Buyer’s Premium – 1.2% with a minimum of 1,200.00 (inc of VAT) payable on exchange of contracts. Please refer to the legal pack for any further disbursements to be paid 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.
Further Information
Auctioneers Office, Seel and Co[use Contact Agent Button]
Viewing
The land is open for inspection. It is recommended that interested parties exercise caution if entering upon the land. Neither the seller nor the auctioneers will be responsible for any accident howsoever caused
Places of interest
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