Our Summary

• Generally the property is in good condition but might benefit from some sympathetic redecorations should a purchaser wish
• The proximity of this development somewhat might be deemed to have set a precedent that planning permission might be obtainable subject to all relevant matters and conditions being met, including SUDs approval
• Previously Graig House had planning permission granted in the garden for an additional three units
• Planning was also granted for an additional two bedroom annex
• The Vendors intend to incorporate an overage provision within the sales contract in favour of the vendors with 25% of the uplift in value payable to the vendors following the grant of all planning permission(s) for any use other than agricultural or equestrian for a period of 25 years from the date of completion
• Overall Graig House offers a unique opportunity to acquire a rare small holding within easy reach of Ebbw Vale town centre yet holding significant development potential
• Overage Provision: An overage provision will be incorporated into the sales contract in favour of the vendors with 25% of the uplift in value payable to the vendors following the grant of all planning permission(s) for any use other than agricultural or equestrian