Lot 66 - The Old Brewery Site, Eagle Road, St. Athan, Barry, CF62 4NR
- Unconditional Online Auction Sale
- Guide Price* : £380,000+
- Bedrooms: 0
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lot 66 - Development Land with Planning Consent
Description
ONLINE AUCTION from 26th JULY-28th JULY
The property comprises a parcel of predominantly level land extending to approximately 0.63 acres (0.25 hectares). The site previously contained a public house but this has been demolished to ground level, and site is now ready for development.
The site is located in the village of Eglwys Brewis, which hosts a number of light industrial sites including Aston Martin manufacturing plant, MOD St Athan, Welsh Government Aerospace, NATAS St Athan, Bro Tathan Business Park and JG Francis Civil Engineering. To the North of the site is Millands Caravan Park. Additionally the town of Llantwit Major is to the east, and St Athan town to the north west.
The site has the added benefit of substantial main road frontage.
The vendor has informed us that there is a licence still valid from when the property was occupied as a pub. It has been confirmed that the property is licensed for the sale of alcohol and provision of regulated entertainment - live music, recorded music, dancing, karaoke.
Planning: A number of planning applications have been made on the site.
Five Star Country Inn with Microbrewery and Sublet Ancillary Units: Full panning consent has been granted for a five star country inn with microbrewery and sublet ancillary units. We have been advised that work relevant to planning application: 2011/01118/FUL has commenced on site, therefore planning is extant/in perpetuity . There may be an opportunity for government funding on this site. At the time of application the site attracted 25% Welsh assembly government tourism grant because of its nature in being a new provision.
Further information can be found via vale of Glamorgan council – planning reference 2011/01118/FUL
Supermarket : Planning has been granted for a single retail unit totalling approximately 405 sqm, with associated car parking for approximately 35 cars.
Further information can be found via vale of Glamorgan council – planning reference 2017/01234/OUT (Link here - https://vogonline.planning-register.co.uk/Planning/Display/2017/01234/OUT#)
Residential Housing : The site is located in the Vale of Glamorgan’s local development plan (LDP), and is listed as residential/commercial development. Planning has previously been submitted for four large executive homes, however the vendor was reportedly advised to withdraw the application as there is potential to develop 12 houses on site, therefore the executive homes would not meet the density required for the area
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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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Auction Finance
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