The previous planning permission has now lapsed. The vendor is therefore inviting offers on either an unconditional basis at around £130,000 or subject to planning at around £200,000, although the vendor remains open to discussion depending upon the purchaser’s proposal and terms.
The different price indications reflect the different acquisition structures and associated risk. An unconditional purchaser would acquire the site in its current planning position and take responsibility for pursuing any future planning permission. Under a subject-to-planning transaction, the purchaser would be responsible for funding and pursuing a new planning application, with completion taking place once the agreed planning condition has been satisfied.
Offers will be considered from purchasers based upon their proposed acquisition structure, planning strategy and assessment of the site.
YourLandStore is pleased to bring to the market an attractive residential development opportunity at Land adjoining Tabernacle Chapel, Carway Road, Pontyates, Carmarthenshire, SA15 5UU.
The site previously benefited from outline planning permission for an 11-dwelling residential development, including an estate road and amended access. That permission has now lapsed.
The original outline permission was granted by Carmarthenshire County Council under planning application S/28103, dated 19 July 2019.
Previous Planning Permission
The original outline application was for:
“Eleven no. private dwellings including estate road and amended access.”
The permission established the principle of an 11-dwelling residential development on the site and included provision for a new estate road and amended site access.
The Council’s decision noted that, at the time of the application, the site was within the settlement development limits and considered the proposal acceptable in relation to the relevant planning policies.
As an outline permission, matters including layout, appearance and landscaping were reserved for subsequent approval.
Planning History & Development Potential
The site has previously been marketed and generated significant interest from developers, with a formal offer received during the previous marketing campaign.
Although the original permission has now lapsed, the established planning history provides a prospective purchaser with a valuable starting point when considering the site’s future development potential.
An alternative scheme for 18 single-storey retirement dwellings was also previously considered by another developer, although these proposals were never submitted as a planning application.
This demonstrates that alternative development approaches have previously been explored and may provide a useful starting point for a purchaser considering the site’s future potential.
Development Opportunity
The site is being marketed as a single development opportunity, rather than as individual plots.
The vendor is inviting offers on either of the following bases:
Unconditional Purchase
An outright acquisition of the site, with the purchaser taking responsibility for pursuing any future planning permission and delivering the development.
This may appeal to developers looking to acquire the site and take control of the planning and development process immediately.
Subject to Planning
The vendor will also consider offers subject to planning, allowing a purchaser to agree terms for the acquisition while pursuing a new planning permission.
This may provide an opportunity for a purchaser to develop a revised scheme reflecting current planning policy, market conditions and their own development requirements.
The vendor is therefore open to considering proposals from purchasers based upon either route.
Potential Purchasers
The opportunity may be of particular interest to:
- Local and regional housebuilders
- Residential developers
- Retirement living operators
- Property investors
- Land investors and landbankers
- Developers seeking sites with previous residential planning history
Key Features
- Residential development opportunity
- Previous outline planning permission for 11 private dwellings
- Planning application S/28103
- Previous proposal included estate road and amended access
- Previous permission granted in July 2019
- Previous planning permission has now lapsed
- Significant previous developer interest
- Formal offer received during previous marketing
- Alternative proposals for 18 single-storey retirement dwellings previously considered
- Opportunity to pursue a new planning application
- Unconditional and Subject to Planning offers considered
- Offers invited
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Further Information
The site represents an opportunity to acquire land with a substantial residential planning history and previous outline permission for 11 dwellings.
The vendor is keen to engage with credible purchasers and will consider both unconditional offers and subject-to-planning proposals.
Interested parties are advised to undertake their own planning, legal, technical and financial due diligence and satisfy themselves as to the suitability of the site for their intended development.
Offers are invited.