Land For Sale At Rhiwderin, Bassaleg , Bassaleg, Newport, Newport
Bassaleg, Newport, NP10 8QZ

  • map
Tomos Davies

The Agent

Tomos Davies
Senior Surveyor

01656 644629
Brochure

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Specification

  • RURAL, LAND, AGRICULTURAL LAND
  • 35.41 Hectares
  • For sale
  • £710,000

Description

LAND AT RHIWDERIN, BASSALEG

FOR SALE BY FORMAL TENDER
TENDER DEADLINE: 12 NOON THURSDAY 11 MARCH 2021

Address:
Land at Rhiwderin, Bassaleg, Newport, NP10 8QZ

35.41 Hectares (87.50 acres) of agricultural land available as a whole or in two separate lots

Description:
Lot 1 - 16.56 Hectares (40.93 acres) of land highlighted red on the plan. Located to the south of Pentre Tai road and comprises a single parcel of land currently down to grass. Access to this lot is via a single gateway located on a sideroad leading from the A468 (Caerphilly Road. This land will be sold subject to a development clawback of 30% lasting for a period of 50 years.

Lot 2 - 18.85 Hectares (46.57 acres) of land highlighted blue on the plan and comprises four parcels of grassland and some amenity woodland. The land is accessed via three gateways from the road, one of which is shared by the occupants of Foxhill Cottages.

Location:
located outside the village of Rhiwderin, Newport, NP10 8QZ.
Nearest postcode to Lot 1:NP10 8QZ (What3Words\ napped:splat:invisible)

Nearest Postcode to Lot 2:NP10 8RQ (What3Words\ agent:trailer:widely)

General
Services:
Lot 1 has the benefit of a natural water supply which runs contiguous to the southern boundary.
Lot 2 has access to water via drinking troughs.

Tenure:
Prospective purchasers should be aware that the land is offered as freehold Subject to Tenancy.
Lot 1 is subject to a longer term FBT terminating on the 23rd June 2027. The current rent passing is £2,251 per annum.
Lot 2 is let under periodic FBT. The current rent passing is £1,815 per annum.

Burdens:
The property is sold subject to all rights including rights of way, whether public or private, rights of light, support, drainage, water and electricity supplies and other rights, obligations and easements, quasi easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether or not constituted in the title deeds or referred to in these particulars.

Method of Sale:
The property is offered for sale via Private Treaty. Offers are invited Subject to Contract and the Seller reserves the right not to accept the highest or any offer received. The Sellers reserve the right to amend or withdraw any of the property shown in the particulars for sale.

Viewing:
Interested parties should contact the Agents should a viewing be required.

Local Authority:
Cyngor Dinas Casnewydd/Newport City Council
Civic Centre
Godfrey Road
Newport

Contact:
For further information contact:
Tomos Davies MRICS FAAV
01656 644 644/07760 273 487
tomos.davies@coark.com

Cooke & Arkwright for themselves and for the vendor/lessor of this property whose agents they are give notice that: 1. These particulars do not constitute any part of an offer or contract. 2. All statements contained in these particulars are made without responsibility on the part of Cooke & Arkwright for the vendor/lessor and nothing contained in these particulars is to be relied upon as a statement or representation of fact. 3. Any intended purchaser/lessor must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor/lessor does not make or give and neither Cooke & Arkwright nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. 5. All terms quoted exclusive of VAT unless otherwise stated. 6. Cooke & Arkwright is a trading name of Cooke & Arkwright Limited.

Cooke & Arkwright have been providing rating valuation advice to The Welsh Rugby Union Limited (“WRU”) and Millennium Stadium plc for many years. They were recently successful in achieving substantial reductions in the assessments of the Millennium Stadium, covering both the 2005 and 2010 rating list. These negotiated reductions yielded savings of c.£3.5m which, crucially, allows the WRU to re-invest in rugby throughout Wales. They advise the WRU across the group portfolio including the National Centre of Excellence in the Vale of Glamorgan. The valuation issues across the WRU portfolio are complex requiring a high level of understanding of the funding and finances of professional sport in Wales. Cooke & Arkwright’s experience and understanding of these issues and application to the rating valuation have yielded these substantial negotiated reductions. The WRU and the Millennium Stadium entrust our work to organisations with the required levels in experience and expertise in dealing with these complex issues. I am glad to say we have this expertise in Wales. I would have no hesitation in recommending ratepayers making use of this Welsh based expertise.

Steve Phillips, Group Finance Director, Welsh Rugby Union Group