Llanbrynean, Llanfrynach, Brecon
Sale of 140 acre small holding with substantial residence and traditional stone buildings

Article by

Chris Hyde
Director
Land Agency, Utilities & Energy, Property Auctions

(01656) 644644

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THE PROBLEM

  • Whilst not a Listed building, Llanbrynean was a handsome Victorian residence, with large, well-constructed outbuildings holding potential for conversion for a variety of uses, subject to planning, and surrounding 140 acreage.
  • The tenant of the property had been in occupation since the early 1980s and benefitted from a protected  tenancy allowing him to stay at the farm for the remainder of his life.

THE SOLUTION

  • In order to facilitate the surrender of his tenancy, Chris Hyde negotiated a sale of some 100 acres of land to the tenant, which allowed him to continue farming, but left an attractive block of land to tie to the house and outbuildings.
  • It was clear that the outbuildings were ripe for conversion, but rather than the owners pursue a lengthy and costly planning application process themselves, we advised they seek a planners' report on the building.

THE RESULT

  • We ensured that the property, which had a rich and interesting history behind it, received media exposure, and both the BBC and local press ran stories enhancing the marketing.
  • Having invited 'best and final offers' for Llanbrynean, the property was sold to Hall School Wimbledon, an exclusive London school, the owners of which had been seeking a hub for an outward bounds centre for many years to enhance their curricular activities.
  • Having sold Llanbrynean, Cooke & Arkwright remain involved with HSW in assisting them with the extensive refurbishment of the house.

I have worked with Jeremy Symons over the past three years successfully leasing and buying property in support of my business. I continue to be very pleased with his knowledge of the market and expertise. Our relationship over this time has resulted in acquiring 20,000 sq ft at Capital Business Park in Cardiff, leasing 11,000 sq ft at Southpoint, and subsequently leasing an initial 42,000 sq ft at Parc Bedwas, followed by a succession of expansions of a further 11,000 and then 47,000 sq ft, enabling us to centralise all of our operations at Parc Bedwas in a single 100,000 sq ft facility. The acquisitions were completed at the perfect time for tenant purposes and the rent fixed throughout the term at very economical rates. A job well done.

Bob James, Aerfin