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Land for sale
Brombil Reservoir, Brombil, Margam SA13 2SR
£25,000
Brombil Reservoir, Brombil, Margam SA13 2SR
£25,000
Our Summary
- For sale on 26 September 2024 The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy
- Registration for bidding will close at 5pm the day before the auction
- The auction will commence at 09:00
- We feel the site offers potential for generating revenue perhaps by creating small lodges/ glamping, wildlife tourism, education and or fishing
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- For worked examples please refer to the Auction Conduct Guide
- 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 SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
Description
This 3.318-acre freehold reservoir and land is nestled within a valley on Margam mountain, surrounded by hills, forests, and neighboring Margam Country Park. The site, with a 1.105-acre pond, offers potential for generating revenue through small lodges, glamping, wildlife tourism, education, or fishing, subject to obtaining necessary planning consents. The property is accessible via a public footpath and is located near Port Talbot Parkway mainline rail station and local bus services. The sale will take place at an auction event, with a 5% deposit and non-refundable auctioneers' fees applying. The buyer's fee will be 4.8% of the purchase price for properties up to £250,000 or 3.6% for properties over £250,000, subject to a minimum of £6,000 inc. VAT.