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Plot for sale
Glanhwfa Road, Llangefni, Anglesey, LL77
£500,000
Glanhwfa Road, Llangefni, Anglesey, LL77
£500,000
Our Summary
- **OF INTEREST TO DEVELOPERS, SPECULATORS AND INVESTORS** A DEVELOPMENT SITE WITH PLANNING PERMISSION FOR 6 RESIDENTIAL PROPERTIES AND POTENTIAL FOR A LARGER SCHEME
- 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
- OVERAGE PROVISIONThe 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
Description
This development site, known as Shire Hall, is a historic listed building in Llangefni, Anglesey, that has been ravaged by fire and now stands derelict. The site spans approximately ¾ of an acre and offers a unique opportunity for development, with planning permission already granted for six townhouses. However, the site's potential for a larger scheme is thought to be significant, with the local authority indicating support for a more elaborate development. The property benefits from a prime location, overlooking the Afon Cefni and within easy reach of local amenities, as well as good road communications and scenic coastal walks. The site is currently inaccessible and unsafe, but the vendors are willing to reserve 50% of future development value for a term of 10 years in the event that planning permission is granted for a larger development.