Lot 28 - Former Thorntons Quarry, Nant-y-Croft, Rassau, Ebbw Vale, NP23 5DA

  • Unconditional Online Auction Sale
  • Guide Price* : £150,000

Residential Development (WITH OUTLINE PLANNING)

Description

ONLINE AUCTION 23rd JULY

A former Quarry site known as Thorntons Quarry that has outline planning consent for residential development. The site comprises greenfield land measuring approximately 1.47 hectares (3.623 acres). The site is bounded to the south by the A4281, to the north mixed woodland and to the east further grassland. The access is currently from the south west corner off a residential road at Nant-Y-Croft.

The site is located in Rassau which lies just north of Ebbw Vale and there are excellent road links to the A428 and A465 Heads of the Valleys trunk road with Abergavenny to the east and Merthyr Tydfil to the west. The site is within a mixed use area with both residential and industrial use.

Planning:
The site benefits from outline planning consent for residential development (application no C/2018/0205).
All interested parties should make their own enquiries with Blaenau Gwent Council planning department.

Ransom - There is a ransom strip along the western boundary of 0.5m.

The seller will be retaining a ransom strip against the adjoining land to the west.

Any interested parties should be aware that the vendor would be agreeable to disposing of the ransom as part of the sale.

Tenancies

To be sold with vacant possession - TBC

Tenure

Advised Freehold - to be verified by solicitor

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.

The auction has not yet started
Minimum Opening Bid

£140,000


Bidding Opens On
21st Jul 2020 12:00
End Date

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Office Contact

Sean Roper

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Paul Fosh Auctions, 01633 254 044
01633 254044

Documents

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