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Heol Treowen - Land At 16.5 Acres of Commercial Land in Newtown SY16 1JA

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INVESTMENT HIGHLIGHTS

  • Proposed residential building land
  • Open to developers of the site
  • Prominent site fronting Kerry Road

EXECUTIVE SUMMARY

This site, situated to the south of the main estate road, amounts to approximately 16.5 acres of greenfield land. Planning consent existed in outline for this site and it is considered that it remains a candidate for residential development (see below). There is a gas main which skirts the southern boundary of the site and density is limited in this sector, with development to be in accordance with the current Health and Safety Executive Limitations (PADH+). The initial development concept plan originally submitted to the Authority takes accounts of this gas area zoning. It is now open to developers of the site to maximise the density and development potential as they so wish.
The vendors are prepared to dispose of this site in phases, with the initial phase priced to reflect the higher infrastructure costs.

PROPERTY FACTS

Sale Type Owner User
Tenure Freehold
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 16.50 AC

1 LOT AVAILABLE

Lot

Lot Size 16.50 AC

Site of approximately 16.5 acres adjoining housing between Heol Treowen and the new bypass now under construction. Prominent site fronting Kerry Road (A489). Adjoining site of 16.5 acres also available.

DESCRIPTION

This site, situated to the south of the main estate road, amounts to approximately 16.5 acres of greenfield land. Planning consent existed in outline for this site and it is considered that it remains a candidate for residential development (see below). There is a gas main which skirts the southern boundary of the site and density is limited in this sector, with development to be in accordance with the current Health and Safety Executive Limitations (PADH+). The initial development concept plan originally submitted to the Authority takes accounts of this gas area zoning. It is now open to developers of the site to maximise the density and development potential as they so wish. Note that there is an easement running over this land marked green within the attached plan, in favour of the Welsh Government – Highways Authority for access for the purposes of construction/maintenance of a drainage outfall pipe and an underpass to the bypass. Further details upon application. An adjoining area of land, approximately 8 acres immediately to the east. North east and bordering with the subject site is also for sale by the vendors, suitable for a mixed use residential and commercial development it is felt. This site is close to the junction with the Kerry Road and Heol Treowen and has a prominence to this main road leading to the Kerry road junction of the bypass within approximately 0.25 miles, bypass is currently under construction and has an estimated completion date of March 2019. Separate particulars are available.

  • Listing ID: 4008426

  • Date on Market: 5/27/2011

  • Last Updated:

  • Address: Heol Treowen, Newtown SY16 1JA

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