Lot 68 - Plot 9 East Land at Upper Ras Bryn Oer Lane, Rhymney, Tredegar, Gwent, NP22 5JQ

Lot 68 - Plot 9 East Land at Upper Ras Bryn Oer Lane, Rhymney, Tredegar, Gwent, NP22 5JQ

Guide Price* : £2,000+

  • Unconditional Online Auction Sale

Lot 68 - 4.74 acres of land

Description

ONLINE AUCTION from 23rd JUNE - 25th JUNE

This 4.74 acres of land is being sold on an unconditional basis. Purchasers may wish to consider alternative uses of the land, perhaps in association or even expansion of the windfarm or some of the nearby leisure uses.

NOTE Bidders are deemed to rely solely on their own inquiries as to permissions that may be required for intended use or development prospects.

Notice - The Seller has received an approach from BIWO Renewables in respect of a potential lease of the land for the installation and operation of one or more wind turbines, at an indicative rent of up to £50,000 (fifty thousand pounds) per turbine per annum.

Copies of the relevant correspondence are included within the legal pack. The Buyer shall be deemed to have satisfied itself as to such approach and shall rely solely upon its own independent investigations, searches, and enquiries in relation thereto and in respect of all other matters affecting the Property.

Viewing site open for inspection

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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.

Guide Price* : £2,000+

  • Unconditional Online Auction Sale

Lot 68 - 4.74 acres of land

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Paul Fosh Auctions

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Lot 68 - Plot 9 East Land at Upper Ras Bryn Oer Lane, Rhymney, Tredegar, Gwent, NP22 5JQ

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