Chapel Street, Abercarn, NP11

£46,500

Guide price

SUMMARY

***INVESTMENT*** An opportunity to purchase a rank of 8 garage/lock-ups with current planning permission to replace the existing dilapidated units with 14 new-build garages.

DESCRIPTION

***LAND WITH PLANNING FOR GARAGES***POTENTIAL INVESTMENT*** An opportunity to acquire a strip of land measuring approx. 0.35 acres, currently occupied by 8 dilapidated single garages/lock-ups. Planning permission has been gained in 2020 allowing the replacement of the existing 8 garages with 14 new build garages/lock-ups (non-commercial). This is a fantastic opportunity for someone to build & sell the completed 14 units or to retain them as an investment providing a passive additional rental income stream.

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Planning

Caerphilly Council Planning Ref: 20/0349/FULL | Replace existing eight garages with fourteen new garages (non-commercial)

Tenure

We have been advised by our client that the tenure is freehold, Any intending purchaser should obtain confirmation of this from their solicitor.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.

5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

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Peter Alan - Blackwood

131 High Street, Blackwood, Gwent

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