• Freehold Land Extending to Approximately 0.30 Acres

• Development Potential (Subject to Consents)

• Situated in the sought-after village of Shirenewton

• To be offered for sale via Knight Frank Auctions on Thursday 10th December (will not be sold prior)

Property Description

On the instructions of mortgagees in possession.

A parcel of freehold land situated in the sought-after village of Shirenewton, near Chepstow. The site extends to approximately 0.3 acres (0.12 hectares) and is understood to comprise the former car park serving a now non-trading public house. The red line as per the plan forming part of the particulars is for illustration purposes only. Interested parties should refer to to the plan(s) in the legal pack.

Planning
Monmouthshire County Council
We understand that planning permission (reference PM/2019/01495) was granted in 2021 for the construction of two detached four-bedroom dwellings with associated gardens, parking and access arrangements, although the consent is believed to have lapsed. Purchasers should rely on their own enquiries regarding planning, access rights and development potential.

Note
The seller has not occupied the property and is unable to provide detailed information regarding the site, planning history, access arrangements or services. Interested parties must satisfy themselves as to all matters prior to bidding.

Location

The property is situated in the sought-after village of Shirenewton, approximately 4 miles west of Chepstow. Shirenewton is regarded as one of Monmouthshire's most desirable villages and benefits from local amenities and attractive surrounding countryside. Excellent road communications are available via the nearby M48, providing access to Chepstow, Bristol, Newport and the wider South Wales and South West motorway networks.

Tenure

Freehold

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.