Land for sale

Ty Coch Close, Bassaleg, Newport NP10

Interested parties should contact Knight Frank Auctions for further information.

Description
The 3 plots of land providing grazing land, each with separate access from Pentre Tai Road and comprising

Lot 1 9.50 acres (3.85 ha)
Lot 2 7.25 acres (2.90 ha)
Lot 3 7.95 acres (3.20 ha)
Tenure

Freehold
Tenancy

Vacant

planning (1)
The land may benefit from alternative uses, subject to all necessary permissions and consents. Interested parties are referred to Newport City Council
Viewings

There will be no onsite inspections, the land can be seen from the public highway.

Location
The land is 0.5 miles north of Rhiwderin, 3.5 miles west of Newport City Centre and 2 miles west of the M4.
The land is located on the east side of Pentre Tai Road, within a mile north of the A468. The A468 connects with A467 linking to the M4 to the east and Caerphilly to the east.

Occupancy
Vacant

Tenure
Freehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.