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>£950k Gwent, WALES. Grade II Listed Pencoed Castle for Sale

PENCOED CASTLE IS FOR SALE WITH ALLSOP AUCTIONS
AUCTION DATE – 17TH SEPTEMBER 2020
 
Freehold Grade II Listed Castle, Farmhouse, Bungalow, Outbuildings, Dovecote and Land with Planning
GUIDE PRICE* £950k+
 
Pencoed Castle was originally built in the Thirteenth Century and is first noted in the Wentwood survey of 1270 as 
being occupied by Sir Richard de la More.
 
Please Visit Allsop (Click Here) for Full Auction details and contact them directly with any enquiries.
 
Allsop Contact Details:
 
Richard Adamson
Tel: 0207 344 2614
 
Key Features of Pencoed Castle
 
Planning Permission to Restore the Castle, Convert the Outbuildings to Offices and Develop 12 new Dwellings
 
Possible potential to Redevelop parts of the site, subject to consents
 
Former Farm House comprises Three x Residential Flats and a separate Two Bedroom Detached Bungalow. The Bungalow and Two of the Flats are subject to an Assured Shorthold Tenancies
 
The Castle and One of the Flats within the Farmhouse are Vacant
 
Includes approximately 9.39 Hectares (23.21 Acres) of Land which is subject to a Farm Business Tenancy for a term expiring 30th November 2020
 
Total Site Area approximately 26.23 Hectares (64.8 Acres)
 
Extensive Shops, Bars and Restaurants are located nearby in Newport and Newport Rail Station is situated 8 miles to the west. The property has easy Access onto the M4 Motorway
 
Total Current Rent Reserved
£16,075 p.a. (equivalent) with Castle and One Flat Vacant