Land at Bloomfield Farm

Pencoed, Bridgend, Mid Glamorgan, CF35 5LP

Guide Price

£200,000

  • Status: FOR SALE SOLD UNDER OFFER
  • First Marketed: Aug 2022
  • Removed: Dec 2022
  • 10.79 acres

Residential Tags: N/A

Property Tags: Equestrian, Feed in Tariff

Land Tags: Farm Business Tenancy, Overage / Clawback, Pasture Land

Summary Details

  • First Marketed: Aug 2022
  • Removed: Dec 2022
  • Residential Tags: N/A
  • Property Tags: Equestrian, Feed in Tariff
  • Land Tags: Farm Business Tenancy, Overage / Clawback, Pasture Land
Situation

The land is situated directly to the north west of the stopped-up section of Coychurch Road, close to Bocam Park, Pencoed. The land is a short travelling distance from convenient amenities. 

Please see the attached location plan.



Description

The property extends to approximately 10.79 acres of level or gently sloping pasture land in two field enclosures, as edged red on the attached site plan. The land is suitable for mowing and grazing purposes with potential considered for agricultural, equestrian and amenity use.

The land may have long-term strategic value for non-agricultural use, but the majority is presently designated in Tan15 as a flood zone.

On the northern boundary there is a hard-core yard with a small range of farm buildings. 

These comprise:-

1. Steel portal framed building with attached lean-to (approximately 15.87m x 9.72m), currently used to house livestock. 

2. A small range of stone outbuildings.



Access

Access to the land is from a field gate off Coychurch Road, Pencoed on the south east boundary.



Plan

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



Services 

The land presently benefits from mains water and electricity supplies from the adjoining property in third party ownership. These supplies will be disconnected prior to completion of the sale. The buyer will be required to obtain their own mains supplies of water and electricity.

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



Wayleave/Easements/Rights of Way

The property is being sold subject to and with the benefit of all rights including: rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other pipes whether referred to in these particulars or not. There are no footpaths crossing the land.



Development Clawback

The land is sold subject to a 30 year Development Clawback . The permitted use will be Agricultural or Equestrian use. The grant of Planning Permission will trigger the clawback at a rate of 38% of the Development Value less the current use value.



Boundaries

The purchaser(s) shall be deemed to have full knowledge of all boundaries and neither the vendor nor the vendors agents will be responsible for defining the boundaries of the ownership thereof.



Basic Payment Scheme

The land is being sold without the benefit of Basic Payment Scheme Entitlements.



Tenure and Possession 

Freehold with Vacant Possession upon completion. The land is subject to a Farm Business Tenancy that expires on 30th November 2022.



Guide Price

Guide Price – £200,000

 Health and Safety

Given the potential hazards of agricultural land we ask you to be as vigilant as possible when making your inspection for your own personal safety.  Nb: There are currently mares with foals at foot on the land.



Method of Sale

The property is offered for sale by Informal Tender unless sold prior by Private Treaty.

Tenders are to close: Friday 16th September 2022 at 12 noon



Please contact Andrew Thomas or Emily Flint for a tender form

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Please note the Vendor is not obliged to accept the highest or any offer. All offers must be supported with proof of funding.



Directions

Postcode: CF35 5LP

From Cowbridge Town Centre, head west on Highstreet/A4222 for 0.5 miles and merge onto Cowbridge By-Pass/A48. Continue for 5.5 miles, then turn right at the roundabout onto A473. After about 3 miles and at the 2nd roundabout, take the first exit signposted Pencoed. Take the 2nd turning on the left into Coychurch Road. The land will be situated on the right-hand side just after Bloomfield Farm buildings. 



What3Words: Apartment.Loaders.Stages

 



Marketed by: Herbert R Thomas, Cowbridge

Land Registry Data

  • No historical data found.
Layer Details