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Land For Sale £355,000
Land North of Penyworlod Farm, Penhow, Caldicot, NP26 3AJ


Description

Lot 1: comprising of a ringfenced block of pastureland divided into three separate enclosures and including a new grass ley. The land extends to 26.54 acres (10.74 ha) as shown edged red on the plan overleaf. The land benefits from mature hedgerow boundaries and is bordered by Wentwood Forest to the north. There are two access points to the land with beneficial roadside frontage along Penyworlod Road.Lot 2: a single parcel of permanent pasture extending to 5.73 acres (2.31 ha) and identified edged blue on the plan. The land includes mature hedgerow boundaries and stock fencing. Access is provided directly off Penyworlod Road.

DISCRIPTION
Lot 1: comprising of a ringfenced block of pastureland divided into three separate enclosures and including a new grass ley. The land extends to 26.54 acres (10.74 ha) as shown edged red on the plan overleaf. The land benefits from mature hedgerow boundaries and is bordered by Wentwood Forest to the north. There are two access points to the land with beneficial roadside frontage along Penyworlod Road.Lot 2: a single parcel of permanent pasture extending to 5.73 acres (2.31 ha) and identified edged blue on the plan. The land includes mature hedgerow boundaries and stock fencing. Access is provided directly off Penyworlod Road.

SITUATION
Heading east on the A48 Newport to Chepstow Road, after passing Parc Seymour and approaching the village of Penhow, take a left turn by Jack of Arts tattoo parlour and continue along Penyworlod Road for approximately 0.7 miles with the roadside access to Lot 2 located on your right-hand side. Continue approximately 0.4 miles, passing Hill Farm on your right and the gated access to Lot 1 can be found on your left-hand side.When using the mobile application What Three Words ///: Lot 1 - headrest.crass.whispers Lot 2 - inspector.breached.viewers

SERVICES
We understand that mains water is available within the vicinity however is not currently connected. Purchasers are advised to make their own enquiries with the relevant providers for any service connections.

BASIC PAYMENT SCHEME
The land is registered with Welsh Government under the Basic Payment Scheme (BPS). There are no Entitlements included within this sale however these may be available by separate negotiation. The land is not included within any existing environmental schemes.

BOUNDARIES
The purchaser shall be deemed to have full knowledge of the boundaries and neither the Vendor nor the Agent should be required to produce evidence as to the ownership of the boundaries.

DEVELOPMENT UPLIFT CLAUSE
The land is sold subject to an existing uplift clause in favour of Newport City Council for 35% up until 2040.

TENURE
Freehold with vacant possession upon completion.

LOTTING & RESERVE
It is anticipated that the property will be offered as shown but the Vendor reserves the right to withdraw, alter or amend the extent of the property being offered.

VIEWING
At any reasonable daylight hour with a set of sales particulars and with the usual courtesy shown to the owner/occupier. We ask that prospective purchasers contact David James to inform them of their intention to view - [use Contact Agent Button]

OFFERS IN THE REGION OF
Lot 1: OIRO £290,000Lot 2: OIRO £65,000

LOCAL AUTHORITY
Newport City Council -[use Contact Agent Button]

Tenure: Freehold

Follow the link for more information:
        
onthemarket.com

  
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