Land East of West Rd, Penallta Industrial Estate, Hengoed

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I am delighted to present this remarkable opportunity for sale, a section of land located in the popular region of Penallta. This is a rare find, making it an extraordinary opportunity for developers on the lookout for their next project.

The land is situated adjacent to a recently developed housing estate, which opens the possibility for further property development. It serves as a blank canvas that can be transformed to meet the specific needs or desires of the new owner.

Along with the potential for property development, this land also offers a touch of nature. It features a pond abundant with pond life, including carp, perch, roach, and dace. This tranquil setting could offer a peaceful and naturalistic backdrop to any development and its residents.

This land in Penallta is ideal for developers who are searching for a project with a lot of potential. It offers a unique blend of natural beauty and development opportunity. Don't miss out on this extraordinary opportunity, contact us today to discuss further.

* Please see the following covenant within the title deed

When you dispose of the property (not therefore just on planning permission) you have to pay to the sellers an amount that is:
(i) The sale price
(ii) Less the price that you paid x 40%

If you therefore sell the property for £100,000 because you have obtained planning permission and increased its value you would pay 40% on the increased value.

This provision lasts for another 17 years dated from May 2022

* It would be recommended that this is checked with your legal representative.