£20,000 (Offers Over)
Land at Bryn Y Maen Road, Upper Colwyn Bay, Colwyn Bay
Jones Peckover have been favoured with instructions to offer for sale by Private Treaty a small parcel of accommodation land situated adjacent to the settlement boundary of Upper Colwyn Bay, with potential for enhanced use, subject to meeting the requirements of the local Planning Authority.
The land is situated on Bryn Y Maen Road, Upper Colwyn Bay and is more particularly identified by means of the attached plan. The land abuts onto residential development with agricultural land to the side and rear and offers exceptional views towards the Conwy Estuary that are considered to be unsurpassed. The land is considered to be suitable as a small recreational area, pony paddock or for hobby farming (or similar) and benefits from a recessed splayed entrance over which there are rights of way to adjoining land.
This is a superb parcel of land that has significant potential for medium/long term development subject to planning permissions and overage clauses.
The land will be sold Freehold by Private Treaty with vacant possession granted on completion and subject to all relevant rights of way
The land is accessed by means of a splayed entrance from the public highway. Solicitors will clarify the access arrangements at the time of sale and following acceptable offers being made.
The land will be sold by Private Treaty with the Vendor inviting offers. Once an acceptable offer is agreed the vendor will grant an exclusivity period of six weeks to exchange contracts with full rights to re-offer the land if the documentation remains outstanding after the expiry of this time.
The Vendors are not aware of any services currently connected to the land and all interested parties should make their own enquires with regards to these matters prior to submitting an offer.
The land is currently subject to a development and planning overage clause of 25% with 11 years remaining in favour of the previous owner and will be subject to a further overage clause of 25% over 21 years in favour of the Vendor from the completion date of the sale. In the event that the overage clause is triggered, the purchaser will be required to pay for any increase in the market value of the land based on the successful grant of planning permission based on the percentages set out above.
The plans accompanying these details have been checked by the Vendor and are believed to be correct but interested parties should satisfy themselves as to the extent of the physical boundaries and the rights of way that passes over the land. No person in the employment of Jones Peckover has any authority to make or give any representation whatsoever in relation to these matters and it is up to the purchaser to make all necessary enquires.
The property, not withstanding any description contained in these particulars, is sold subject to any Development Plan, Tree Preservation Order, Town Planning Scheme, Agreement, Resolution or notice which may be existing or become effective, and also subject to any statutory provision (s), or By-Law(s) without obligation on the part of the Vendor or the Agents to specify them.
Should any dispute arise as to the boundaries or any point on the general remarks, stipulations, particulars or plans or the interpretation of any of them, the question should be referred to the arbitration of the selling agents whose decision acting as experts shall be final.
The property is sold subject to all rights, including rights of way whether public or private, light support, drainage, water and all existing wayleaves for masts, pylons, stays, cables, drains, water, gas and electricity supplies; and other rights and obligations; quasi-easements and restrictive covenants; and all existing wayleaves for masts, pylons, stays, cables, wires, drains, water, gas and other pipes whether referred to in these particulars or not. The property is conveyed subject to all matters revealed in the title accompanying the contracts of sale.
The successful purchaser will be required to produce adequate identification to prove their identity within the terms of the Money Laundering Regulations. Appropriate examples include: Passport, Photo Driving Licence and a recent Utility Bill.
The land may be viewed at reasonable daylight hours by advising the Selling Agents of their intention to view and being in possession of a Sales Brochure. If challenged by the owners or neighbours, prospective purchasers should introduce themselves as having registered prior to inspection.
The Agents Jones Peckover, can be contacted at:
61 Market Street,
Tel: 01745 832240.
From the Abergele Office proceed along the A55 Expressway taking the slip road at Junction 20 to the West End. Proceed right at the next two sets of traffic lights then turning left into Kings Road and continue straight ahead to Upper Colwyn Bay and the junction with Llanrwst Road. Turn left and continue to the end of the built-up area whereupon the land will be found immediately on the left hand side identified by means of our for sale board.