Land for sale in Caeathro, Land At Caeathro, LL552TA : North Wales : BAN250008

You are here:

Back

38.1 acres Land, Land At Caeathro, Caeathro LL552TA - Available

Land At Caeathro, Caeathro LL552TA

38.1 acres (15.4 hectares)

Guide price £395,000

Welsh Highland Railway; Caernarfon station 1.2 miles

Caernarfon Bus Station Stand C 1.3 miles

Caernarfon Bus Station Stand B 1.3 miles

A productive block of grassland situated near Caernarfon. A rare opportunity to purchase a block of grassland suitable for grazing and cropping which is available as a whole or in two lots. In all extending to 38.06 acres.

Land at Caeathro
Caeathro
Caernarfon
Gwynedd
LL55 2TA

A productive block of grassland situated near Caernarfon.

A rare opportunity to purchase a block of grassland suitable for grazing and cropping which is available as a whole or in two lots.

In all extending to 38.06 acres.

For sale by informal tender as a whole or in up to two lots.

Location

The land at Caeathro occupies a useful position on the edge of the village of Caeathro. The market town of Caernarfon is less than two miles away and the city of Bangor is 10 miles away.

Amenities

The holding is situated 12 miles from a busy livestock market at Bryncir and provides easy access to the A55 North Wales Expressway.

Land

The land is comprised of approximately 38.06 acres of predominantly productive grassland along with some grazing pasture and woodland cover.

Lot 1 is a ring fenced block of improved grassland extending to 8.54 acres which is all level and suitable for modern agricultural machinery. The land has benefitted from regular reseeding and is well suited for silage and arable crops.

Lot 2 is also ring fenced extending to 29.52 acres in total. The land is arranged into three large fields suitable for cropping and grazing which are accessed directly from the public highway. There is further pasture suitable for sheep and cattle grazing, with a block of woodland extending to 1.56 acres.

The farmland is fully stockproof and benefits from a natural water supply.

Method of sale

For sale by informal tender in two lots. The vendors reserve the right to conclude the sale by any other means at their discretion.

Tenure & Possession

Freehold with vacant possession.

Basic Payment Scheme

The farmland is registered with Rural Payments Wales.

Overage

The property is to be sold subject to an overage clause which states that for 30 years, should a change of use be implemented resulting in an uplift in value, the vendor would be eligible for 30% of that uplift.

Services

There is a natural water supply to the land.

Wayleaves Easements & Rights of Way

The land is sold subject to all the benefit of all wayleaves, easements and rights of way, whether mentioned in these particulars or not.

Health & Safety

The land is sold subject to all the benefit of all wayleaves, easements and rights of way, whether mentioned in these particulars or not.

VAT

The holding is not registered to VAT.

Sporting Timber & Mineral Rights

The mines and minerals rights and the sporting rights are excluded from the sale.

Local Authorities

Cyngor Gwynedd Council
www.gwynedd.llyw.cymru

Viewings

Viewings are strictly by appointment through Carter Jonas on 01248 360414

Additional Information

Vendor’s solicitors:

Edward Nutting
Lanyon Bowdler Solicitors
Riverside Business Park
1 & 2 Connaught House
Benarth Rd
Conwy LL32 8UB
01492 557 070

The next steps...

Establish funds

How will you fund the purchase?

Before making an offer on a property you will want to consider your financial situation, your income and outgoings.

Will you finance the purchase of your next property from the sale of an existing property which can put you in a chain, arrange a mortgage through your bank or buy the property outright.

To help you finance your next property purchase, we have a long established relationship with an independent mortgage broker who can discuss your situation with you.

Remember that having a 'mortgage decision in principle' can make you a more attractive buyer when you make an offer on a property. Contact our mortgage advisers for free, no obligation and impartial advice.

Some advantages of a broker are:

They do all the legwork for you, working on your behalf with the lender
They compare wholesale mortgage rates from a large number of banks and lenders all at once
Their wholesale interest rates can be lower than retail (bank branch) interest rates
They offer more loan options because they work with numerous banks and lenders
They can finance tricky deals because of their knowledge and various lending partners
They are typically easier to get in contact with, and are less bureaucratic.

However advantages of working with your bank are:

You may be able to build off an existing relationship (and gain discounts if you have a checking or savings account)
You may already know the banker who will handle your mortgage
Banks may be more accountable than a smaller shop
They may offer lower interest rates in some cases
Their ability to add mortgage to existing banking profile and make automatic payments from linked account.

Making an offer

with Carter Jonas.

When you see a property you are interested in on our website, call us 24/7 to arrange a viewing. Or if you prefer, get in touch via our website and we will call you back to find a time to view the property that suits you.

Once you’ve found a property you want to buy, it’s time to make an offer. A bit of negotiation is to be expected, however don't offer so little that you end up in a lengthy negotiation process, as you might lose the property altogether if someone else makes a higher bid.

If other offers have been made on a property we aren't legally able to tell you what they are, but we may indicate if they were close to the asking price.

Need to sell a property

or thinking of letting?

If you have a property to sell, why not see how we can help you.

Or if you’re considering letting your property, we can take the stress out of managing your rental, and our award winning lettings team offer a service that can be tailored to your needs.

Combined with nearly 170 years of experience and one of the highest customer satisfaction scores in the industry, Carter Jonas is the perfect property partner.

Why not book a free, no obligation valuation of your property and find out how Carter Jonas can help you make your next move.