For SaleProperty in Glanhwfa Road, Llangefni, Anglesey, LL77£500,000
Property Type
Property
Tenure
Freehold
Guide Price
£500,000
Resources
Description
**OF INTEREST TO DEVELOPERS, SPECULATORS AND INVESTORS** A DEVELOPMENT SITE WITH PLANNING PERMISSION FOR 6 RESIDENTIAL PROPERTIES AND POTENTIAL FOR A LARGER SCHEME.
DESCRIPTION
Shire Hall is a period, Listed Building constructed of stone originally in the late 1800's, but with later extensions. The building has been used as office accommodation for many years but in recent years has suffered catastrophic fire damage and now stands derelict. The site offers an exciting and unusual development opportunity, extending to approximately ¾ of an acre, overlooking the Afon Cefni. Planning permission (Application Number FPL/2023/181) has been granted for 6 townhouses, of four storey construction and extending to approximately 150m2 each, located beside the river. However, the site would seem to support a significantly greater density of use, particularly if the now redundant building were to be demolished in part or entirety. The vendors' architects have consulted with the Local Authority which has indicated support for a more elaborate scheme.
LOCATION
The site occupies a prominent position in Llangefni which is situated within central Anglesey being extremely accessible. Llangefni offers a wide range of services catering for the majority of daily needs. As an alternative, the larger conurbations of Bangor and Holyhead are 10 and 15 miles respectively offering retail parks and shopping centres. On the recreational front the island is known for its scenic coastline with numerous sandy beaches. There is excellent walking both inland and along the Anglesey Coastal Path. There is a marina at Holyhead and several golf courses within close proximity. There is also excellent wind surfing and kite surfing at nearby Rhosneigr and Newborough.
COMMUNICATIONS
The property benefits from good road communications being within 1 mile of the A55 expressway facilitating easy access across Anglesey and the north Wales coast to Cheshire and linking with the national motorway network. For travel further afield there is a direct rail service from Bangor to London Euston and a daily ferry service to Dun Laoghaire.
DIRECTIONS
Having crossed the Britannia Bridge continue along the A55 expressway. After 6 miles, exit at Junction 6 signposted Llangefni. At the roundabout take the 3rd exit and then at the next roundabout continue straight over along the A5114. Travel for a further 1 mile into Llangefni and having gone underneath the railway line the site will be seen on the right hand side beside the war memorial.
OVERAGE PROVISION
The vendors will reserve for a term of 10 years 50% of future development value in the event planning permission for a greater density of development is granted.
NB: The site is inaccessible, and we are informed is unsafe. We are unauthorised to provide access. Any party acesssing the property enters at their own risk.