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FOR SALE

£80,000 Guide Price

Approximately 0.388 acres of land, Lying to the north of Regent Street, Briton Ferry, SA11 2RF

Land (Commercial)

Property features

Accessible Location

Potential Development Opportunity - Subject to Planning

For Sale by Auction

About this property

Situation

Situated on Regent Street, Neath, within a well-established mixed-use area on the edge of Neath town centre. The property benefits from convenient access to the town’s wide range of retail, leisure and public sector amenities, together with excellent transport connectivity via the A465 Heads of the Valleys Road and Junction 43 of the M4 motorway. Neath railway station is also within easy reach, providing regular services to Swansea, Cardiff and beyond.

Description

The land extends to approximately 0.388 acres (0.157 hectares) and is generally level in topography. The site has been cleared of vegetation and is currently presented in a cleared, undeveloped state. The regular and relatively flat nature of the land provides a readily available parcel suitable for a variety of potential uses, subject to the necessary consents and approvals.

The property may offer potential for future development, subject to obtaining the requisite planning permissions and all other necessary consents.

Access

Access to the site is taken from Regent Street West. The land does not directly adjoin the adopted public highway, with access being obtained over intervening unregistered land. Interested parties are advised to make their own enquiries and satisfy themselves as to the nature and extent of the rights required to access the property.

Planning

An outline planning application was submitted in August 2015, and subsequently validated in April 2017. The application was for the erection of a three storey block of 22 (one and two bedroom flats), with all matters being reserved. The application was refused in June 2017 as “The required visibility (based on 85th percentile speeds) of 2.4m by 27m onto Regent Street West, cannot not be achieved.” The refusal was not followed up by an appeal as far as we are aware.

Plan

The plans included within the auction pack to these particulars are shown for identification purposes only and, whilst every care has been taken, its contents cannot be guaranteed.

Services

The land does not benefit from any services.

For further information, prospective purchasers are able to make their own enquiries with Dwr Cymru Welsh Water and National Grid.

Boundaries

The responsibility for boundary maintenance, are not known.

Tenure and Possession

Freehold with Vacant Possession upon completion.

Guide Price

Guide Price - £80,000

Health and Safety

Given the potential hazards, we ask you to be as vigilant as possible when making your inspection for your own personal safety.

Method of Sale

The property is offered for sale by Public Online Timed Auction. Please refer to the Legal Pack.

For further details please contact:

Edward Williams MRICS

Tel 07860 643921

edwardwilliams@hrt.uk.com

Directions

Postcode: SA11 2RF

The winning buyer must pay £5,000 automatically at the end of the auction of which:

- £3,300+VAT is a buyer fee

- £1,040 is a deposit contribution.

Key details

Freehold

Additional information

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Disclaimer - These particulars are provided as a general guide only and do not form part of any contract or offer. While believed to be accurate, they are not guaranteed. Some images may include CGI or digitally enhanced furnishings for illustrative purposes only and are not included in the sale. All negotiations must be conducted through Herbert R Thomas.