LAND FOR SALE: Pant Teg, Lower Machen , Newport
Newport, NP10 8GY

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Tomos Davies

The Agent

Tomos Davies
Senior Surveyor

01656 644629
Brochure

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Specification

  • AGRICULTURAL LAND, LAND, RURAL
  • 83.08 Hectares
  • For sale
  • £2,100,000

Description

FOR SALE BY PRIVATE TREATY
PANT TEG, LOWER MACHEN, NEWPORT

Address:
Land at Pant Teg, Lower Machen, Newport, NP10 8GY
83.08 Hectares (205.30 acres) of agricultural land available as a whole or in three separate lots.

Description:
Pant Teg Farm is an 83.08ha (205.30ac) holding. Bought by the seller in 2012, it has been improved and used as a summer grazing farm. The farm includes a small yard which offers an opportunity to further extend the building subject to the necessary planning permissions. The farm has excellent transport link and is located in a desirable area close to Newport and Cardiff. The land offers scope for an agricultural investor as well as someone seeking to further develop environmental benefits through tree planting.

Lot 1 highlighted red on the attached plan - 2.32Ha (5.74ac) of grassland in a single parcel, rising steadily to the east. The field has excellent roadside access as well as a natural water supply. This lot will be sold subject to an overage provision of 30 % for a period of 25 years from the date of sale, which will be triggered upon receipt of planning permission for any non-agricultural use.

Offers in excess of £85,000

Lot 2 highlighted blue on the attached plan - 39.89Ha (98.57ac) of mostly grassland with some areas of scrub. The lot is well fenced and includes the access track. There are reserved rights of access for the residents of Pant Teg, Maendy Uchaf and the converted barns. It is proposed that a right of access will be established over the track for the purchasers of Lot 3. There is an established repairing agreement in place for the track with the seller and the residents of the dwelling houses. This lot includes the farmyard which includes and agricultural building (approx. 630m2). The building has the benefit of water supplied by an on farm borehole (Located on Lot 3) and is separately metred. The land is undulating in parts but would be suitable for grazing, mowing and some woodland planting.

Offers in excess of £1,000,000 (One Million)

Lot 3 highlighted green on the attached plan - 40.88Ha (101.01ac) consisting of approximately 3.94Ha (9.73ac) of open woodland and the remainder being grassland. The land is currently used for grazing and mowing but has scope to be used as cropping land. The borehole which services the shed is located on the lot and a right to maintain will be retained by the purchaser of lot 2. The lot has roadside access and benefits from natural water and troughs. The main block of open woodland has far reaching and attractive views offering an opportunity for a possible diversification project. There is a telecoms mast located at the furthest end of the lot, which is not included in the sale, there is a right of way over the land to this mast for any future maintenance.

Offers in excess of £1,000,000 (One Million)

Location:
Pant Teg is located to the north east of Lower Machen, Newport, NP10 8GY
What3Words code for each lot:
Lot 1: what3words\spite.resurgent.pelted
Lot 2: what3words\scans.unlimited.custard
Lot 3: what3words\motored.weds.familiar

General
Services:
Lot 2 and 3 have the benefit of natural water and troughs fed by the borehole located in Lot 3. There is no electric connected to the building in Lot 2 but we understand there is scope for a connection.

Entitlements:
The BPS entitlements are available under separate negotiation if required.

Tenure:
Freehold with Vacant Possession

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:
Viewing is permitted during daylight hours by a person carrying a set of these particulars. Viewing of the land is only permitted on foot. Please book a time and date with Cooke & Arkwright beforehand. Please note it is a working farm and there are cattle and horses on the site.

Local Authority:
Cyngor Dinas Casnewydd/Newport City Council
Civic Centre
Godfrey Road
Newport
NP20 4UR

Contact:
For further information contact:
Tomos Davies BSc(Hons) 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.

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