Sunderlands
Tel: 01497 822522
3 Pavement House
The Pavement
Hay-on-Wye
Hereford
HR3 5BU
Gypsy Castle Lane, Hay-on-Wye, Hereford
Offers In Excess Of £500,000
Land - Pasture
- 3.89 Acres
- Development Potential
- Excellent Roadside Access
- River Wye Frontage
- Superb Income Generating Capability
- For Sale By Private Treaty
3.89 acres of prime accommodation land offering an exciting and rare opportunity to acquire a strategic parcel of land in the famous market town of Hay-on-Wye.
Description
The sale of this prime accommodation land offers an exciting and rare opportunity to acquire a strategic parcel of land in the famous market town of Hay-on-Wye. The land is situated in an ideal location, only a 5 minute walk from the Hay Literary Festival site and 10 minutes from the town centre. It has good roadside access and has proven to be a very popular festival campsite in recent years generating a very valuable income. Through the rest of the year the field has simply been utilized for the purposes of grazing livestock. The potential of this field is endless both in terms of recreational uses especially with the River Wye frontage and also in terms of the potential residential development of the site. The town is continuing to expand and this site would provide a logical extension.
Situation
The land is situated in a picturesque and convenenient location only a short walk from the main facilities that Hay-on-Wye offers. The land is accessed directly off a single track council maintained road. The entrance to the land can be found here:
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Gypsy Castle Camping
In recent years the land has been utilised to provide a generous income from camping over the Hay Festival period. This is a short period that has readily generating a profit in excess of £30,000 per annum. The potential to increase this income is considerable subject to the necessary consents. Further information relating to the current camping facilities are available at: www.gypsycastlecamping.co.uk
Development Potential
In recent years the town of Hay has continued to develop in a westerly direction towards this parcel of land, so much so that the current owners have made a submission to Powys County Council for the site to be considered as a candidate site to be included in the replacement Local Development Plan.
The land will be sold free of any development uplift clauses or clawbacks.
Services
The property benefits from both a Mains Electric and Water connection.
Timber, Woodland, Mineral Rights & Sporting Rights
All of these rights are believed to be included within this sale but full details will need to be considered within the Contract of Sale.
Viewing Details
Viewing may be up to any reasonable time after first contacting the agents. Viewers must have a copy of the particulars upon them whilst viewing, respective purchasers must respect the land. All viewers inspect the land at their own risk, neither the selling agents not vendors accept any responsibility or liability for any injuries howsoever caused.
Contact: Hay Office01497 822 522
Matthew Nicholls07811 521 267
Tenure
The land is to be sold Freehold with Vacant Possession.
Method of Sale
The property is to be offered for sale by Private Treaty, offers in excess of £500,000.
Council Tax
No band.
Wayleaves, Easements & Rights of Way
The property is sold subject to and with the benefit of all easements, quasi easements, wayleaves, and rights of way both declared and undeclared.
Money Laundering
As a result of anti-money laundering legislation all persons intending to bid for the property should provide the following documentation:
1.Photo ID for example Passport or Driving Licence.
2.Residential ID for example current Utility Bill.
Town & Country Planning
The property is offered subject to any development plans, tree preservation orders, ancient orders, public rights-of-way, town planning schedules or resolutions which may be or may come into force. The purchasers will be deemed to have full knowledge of these and have satisfied themselves as to the effects such matters have on the property.
Plans, Areas & Schedules
These are based on Ordnance Survey and are for reference only. The purchaser(s) shall be deemed to have satisfied themselves as to the description of the property. Any error or misstatement shall not annul a sale or entitle any party to compensation in respect thereof.
Misrepresentations Act
(a) The property is sold with all faults and defects (if any), whether in good condition or otherwise and neither the Vendors nor Sunderlands, the Agents for the Vendors, shall be in any way responsible for such faults and defects, or for any statements contained in the particulars of the property prepared by the said Agents.
(b) The purchaser shall be deemed to acknowledge that he has not entered into this contract in reliance on any of the said statements that he has satisfied himself, as to the contents of each of the said statements by inspection or otherwise, and that no warranty or representation has been made by the Vendors or the said Agents in relation to, or in connection with the property.
(c) Any error, omission or misstatement in any of the said statements shall not entitle the purchaser to rescind or to be discharged from this contract, nor give either party any cause for action.
(d) All measurements and distances are approximate. The electrical, drainage, water and heating installations have not been tested by the Agents. (The normal enquiry is carried out by the purchaser’s Solicitors and the type of inspection undertaken by a purchaser’s surveyor have not been carried out by the selling agents for the purchase or preparation of these particulars). Interested perspective purchasers are recommended to obtain an independent survey report on this property.
Boundaries, Roads & Fences
The purchaser shall be deemed to have full knowledge of the boundaries and neither the Vendor not the Vendors Agents will be responsible for defining the boundaries of ownership thereof.
Basic Farm Payments
The property is eligible for the Basic Farm Payment Scheme, there are no entitlements included in the sale.
Inconsistency
In the event that there is any variance between these particulars and the contract of sale, then the latter shall apply.
Important Notice
These particulars are set out as a guide only. These are intended to give a fair description of the property but may not be relied upon as a statement or a representation of facts. These particulars are produced in good faith and are inevitably subjective and do not form part of any contract. No persons in the employment of Sunderlands has any authority to make or give any representation or warranty whatsoever in relation to this property.
HEAD OFFICE: Offa House, St Peters Square, Hereford, Herefordshire, HR1 2PQ
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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