Lot 21 - Site A at Tan Y Gelli, Glanamman, Ammanford, SA18 2AL

  • Unconditional Online Auction Sale
  • Guide Price* : £55,000+
  • Bedrooms: 0

Development Opportunity

Description

ONLINE AUCTION 11th JUNE 2020

An area of land that measures approximately 10.5 acres (4.2 hectares) and is relatively square in shape and benefits from a road access point at Tan Y Gelli.

Planning: The land was originally granted planning permission approximately 25 years ago (ref :P6/15660/89) for the development of 106 dwellings, 34 sheltered flats and a data centre. Part of the permitted development was carried out on the original application site which adjoins the land being offered for sale. Since then outline planning for 86 dwellings was approved by Carmarthenshire County Council in 2005 (ref: AM/02770). Reserved matters were submitted in 2005 (E/06261) and again in 2008 (E/17909).

Section 73 applications to extend the outline permission's time limits for implementation of the development were submitted in 2007 (ref: E/17908) and again in 2010 (ref: 22372) which was granted in May 2012. The time to submit a reserved matters application has now lapsed.

Interested parties are advised to liaise with the Planning Department of Carmarthenshire County Council in this regard.

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 £975) 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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