Old Caepontbren, Colliery Site Pontyates, Llanelli SA15 5TX
For Sale
£50,000
Brief Description
PLEASE REFER TO OUR AUCTION DEPARTMENT. O1792 478903.
Full Description
An exciting opportunity to acquire a substantial former colliery site with planning consent for the development of eight residential dwellings, together with a significant area of additional land offering potential for further development, subject to the necessary planning consents and statutory requirements.
The approved scheme provides for a well-balanced mix of residential accommodation comprising four dormer bungalows and four detached two-storey houses, each benefiting from off-road parking. The consented development offers the opportunity to deliver an attractive residential scheme within an established community and provides a clear starting point for a purchaser looking to progress a development project.
Beyond the currently consented scheme, the site extends to a considerable area of additional land which may offer further residential or alternative development potential, subject to planning, access, infrastructure, environmental considerations and all other relevant regulations and consents. Purchasers are therefore encouraged to undertake their own investigations with the Local Planning Authority and relevant statutory bodies to establish the full extent of any future development opportunities.
The combination of existing planning consent for eight dwellings and substantial additional land makes Old Caepontbren Colliery Site an attractive proposition for developers, investors and housebuilders seeking a site with both an immediate development opportunity and potential for longer-term value creation.
The property is offered for sale by auction. Interested parties are advised to carry out their own due diligence, satisfy themselves as to the planning position and development potential, and make all necessary enquiries prior to bidding.