Description
An exciting opportunity to acquire a substantial former colliery site with planning consent for the development of eight residential dwellings, together with a significant area of additional land offering potential for further development, subject to the necessary planning consents and statutory requirements.
The approved scheme provides for a well-balanced mix of residential accommodation comprising four dormer bungalows and four detached two-storey houses, each benefiting from off-road parking. The consented development offers the opportunity to deliver an attractive residential scheme within an established community and provides a clear starting point for a purchaser looking to progress a development project.
Beyond the currently consented scheme, the site extends to a considerable area of additional land which may offer further residential or alternative development potential, subject to planning, access, infrastructure, environmental considerations and all other relevant regulations and consents. Purchasers are therefore encouraged to undertake their own investigations with the Local Planning Authority and relevant statutory bodies to establish the full extent of any future development opportunities.
The combination of existing planning consent for eight dwellings and substantial additional land makes Old Caepontbren Colliery Site an attractive proposition for developers, investors and housebuilders seeking a site with both an immediate development opportunity and potential for longer-term value creation.
The property is offered for sale by auction. Interested parties are advised to carry out their own due diligence, satisfy themselves as to the planning position and development potential, and make all necessary enquiries prior to bidding.
Application Number PL/05591
Approved Scale Parameters
Bungalows – Plots 1,2,3 & 4 – 126 sqm internal floorspace.
Houses – Plots 5,6 & 7 – 170sqm internal floorspace
House – Plot 8 – 142 sqm internal floorspace
Key Auction Guidelines for Bidders
1. Do Your Research: Investigate the property thoroughly, including reviewing the legal pack (available from Dawsons Auction House). Check the condition, title, and any restrictions.
2. Get Legal Advice: Consult a solicitor before bidding to clarify any legal or procedural concerns.
3. Understand Your Commitments: If you win, you must exchange contracts immediately, pay a 10% deposit, and a £3,000 buyer’s premium (incl. VAT) on the day.
4. Be Financially Ready: Completion is due within 28 days (unless stated otherwise), so ensure your finances are in place before bidding.
5. Fees Apply Regardless: The £3,000 buyer’s premium applies even if a pre auction offer is agreed.
Being well-prepared is key to a smooth auction experience.
