- Prime Residential Development Opportunity
- Gross site area extends to approximately 0.744 acres (0.301 hectares)
- With Planning Permission
Not Specified for sale in Porthcawl
The subject property comprises three plots adjacent to Ty Gwyn on Heol-y-Graig, Newton in the popular seaside town of Porthcawl.
Porthcawl benefits from 7 sandy beaches and picturesque views along the South Wales coast. Porthcawl Promenade has many cafés, bars and restaurants and the town centre offers a wide variety of shops and amenities.
The M4 is just a short drive away and the frequent bus services include stops that run through Bridgend, Cowbridge and Cardiff. Bridgend train station provides quick services to cities such as Cardiff, Swansea and London.
The Freehold interest of the site in its entirety is offered for sale with Vacant Possession.
For the avoidance of doubt, Ty Gwyn is in separate private ownership and does not form any part of the subject land or sale.
A full planning application for residential development dated 25th August 2021 reference number P/21/807/FUL has been approved by Bridgend County Borough Council's Planning Department. The Council resolved on 3rd March 2022 to grant Planning Permission subject to completion of a Deed of Grant. The attached layout drawing shows the position of the access road, and an indicative layout for the residential units. A number of "as built" images are also shown for illustrative purposes.
The Section 106 Agreement dated 2nd February 2023 confirms a contribution of £115,153.20 towards the provision of affordable housing in the administrative area of the Council. Prospective purchasers should ensure that they are fully familiar with their obligations under the Deed of Grant and the Section 106 obligations and planning conditions
Important information
This is a Freehold property.
Property Ref: EAXML13503_12007123
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