- Approximately 89.33 Acres of Agricultural Land
- Unique opportunity
- Outskirts of Cowbridge
- Available as a whole or in two lots
- Sale by Informal Tender
- Tender Deadline Friday 5th July 2024 at 12 noon
This property listing is now SSTC
Not Specified for sale in Cowbridge
Situation
The land is situated in a convenient location between the Historical Market town of Cowbridge and Llantwit Major. Please see attached location plan.
Description
The property comprises approximately 89.33 acres of agricultural land, available as a whole or in two lots. The majority of the land benefits from gently sloping and level pastureland suitable for mowing and grazing purposes.
Lot 1:
Shown shaded green and extending to 20.84 acres or thereabouts In a single enclosure. The land is predominantly flat with an east facing slope and is currently down to permanent pasture.
Lot 2:
Shown shaded yellow and extending to 68.48 acres. The lot is divided into a number of field enclosures. Approximately 50.32 acres is permanent pasture that is suitable for mowing and grazing.
Of the 68.48 acres, approximately 16.54 acres, is designated as Ancient Woodland. Additional areas of woodland are located within the external boundaries of the property. The property also benefits from a large pond and log cabin which is currently overgrown. The land offers biodiversity and potential access to public money for public goods schemes.
The internal and external boundaries appear stockproof comprising livestock fencing. The property may offer potential for agricultural, equestrian and amenity use.
Access
Access to each lot is marked ‘A’ on the plan. Access to both lots is via a Right of Way from the public highway, shown brown on the attached plan.
Plan
The plans attached to these particulars are shown for identification purposes only and, whilst every care has been taken, its contents cannot be guaranteed.
Services
There are currently no mains services on the property. The property benefits from a natural water supply, any interested parties are advised to satisfy themselves as to the reliability of any water supply at the property.
Development Clawback
The land is sold subject to a 40 year Development Clawback. The permitted use will be Agricultural or Equestrian use. The earlier of the sale of the land with the benefit of Planning Permission or the implementation of Planning Permission will trigger the clawback at a rate of 30% of the Development Value less the current use value
Boundaries
The purchaser(s) shall be deemed to have full knowledge of all boundaries and neither the vendor nor the vendors agents will be responsible for defining the boundaries of the ownership thereof.
The purchase of Lot 1 and their successor in Title will be responsible to repair and forever maintain and renew the boundary marked with inward ‘T’ marks on the enclosed plan.
Wayleave/Easements/Rights of Way
The property is sold subject to and with the benefit of all rights of way, wayleaves, access, water, light drainage, and other easements, quasi easements, covenants, restriction orders etc., as may exists over the same of for the benefit of same, whether mentioned in these particulars or not. There is one footpath crossing through the western section of the woodland.
Basic Payment Scheme
The land is being sold without the benefit of Basic Payment Scheme Entitlements.
Tenure and Possession
The freehold interest is offered for sale. The land is subject to a Farm Business Tenancy Agreement which expires in September 2024.
Guide Price
Guide Price of £650,000 for the whole
Lot 1: £270,000
Lot 2: £400,000
Health and Safety
Given the potential hazards of agricultural land we ask you to be as vigilant as possible when
making your inspection for your own personal safety. Please be advised there may be young cattle on the land.
Method of Sale
The property is offered for sale by Informal Tender unless sold prior by Private Treaty
Tenders are to close: Friday 5th July 2024 at 12 noon
Please contact Emily Flint or Philip Thomas for a tender form.
Emilyflint@hrt.uk.com / Philipthomas@hrt.uk.com
Directions
Postcode: CF71 7LT
What3words: Assume.Bronzer.Backfired
From our Cowbridge office, travel in an easterly direction along the High Street to the traffic lights. Turn right onto St Athan Road and follow this road for approximately 1.7 miles. Take a sharp turn left off St Athan Road and continue for 0.1 miles and the land is located in front of you. Look out for the Herbert R Thomas For Sale Board
Important information
This is a Freehold property.
Property Ref: EAXML13503_12415078
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