Lot 17 - Development Land at Lamby Way, Cardiff, CF3 2EQ

  • Unconditional Online Auction Sale
  • Guide Price* : £225,000+
  • Bedrooms: 0

Lot 17 - Land with Planning Consent for Four/Five Light Industrial Units

Description

ONLINE AUCTION from 7th NOVEMBER-9th NOVEMBER

The parcel of land is irregular but roughly rectangular in outline and has maximum dimensions of approximately 68m by 18m. The land is currently unoccupied and overgrown, although benefits from planning consent for four/five industrial units.

The proposed warehouse units are of portal frame, Minimum eaves height 5.7m, maximum 7.5m. Front elevation provides a glazed aluminium entrance door and panel cladding. The Roof incorporates clear light inserts and first floor windows providing natural light and scope for a mezzanine floor (additional space to be created at first floor level). There is a loading area and full 4m height electric roller shutter door.

The plans suggest that units 4 and 5 and will total approximately 276.5m2, unit 3: 118.8m2, unit 2: 121.4m2 and unit 1:146.3m22.

The units will be suitable for light industrial use (approved B1,B2 or B8), such as a mechanics, wielders, engineers or storage facilities etc. The plans state that each unit will contain a toilet and parking for two vehicles.

Location
The land is located on the south-eastern fringes of Cardiff in a well-established industrial area of Wenlog, 3.4 miles to Cardiff city centre immediately south of the main railway line serving Cardiff and west Wales, and benefitting from frontage and direct access onto Lamby Way. Furthermore the M4 is within close proximity providing access to south west Wales, Bristol and London.

Planning Permission
In 2016 planning consent was granted for the construction of four light industrial units. In 2021 planning was approved to amend the 2016 planning consent to five light industrial units.

The applications relating to this are as follows:

Ref. No: 21/00471/MNR : VARIATION OF CONDITION 2 OF 16/02282/MNR TO AMEND APPROVED PLANS 21/00471/MNR

Ref. No: 16/02282/MNR : CONSTRUCTION OF FOUR LIGHT INDUSTRIAL UNITS

VAT
We have been advised that no VAT is applicable on the sale of this land.

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.

Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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Office Contact

Debra Bisley

Documents

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