Plot 14 Cross Hands Strategic Employment Site - Phase 2
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Plot 14 Cross Hands Strategic Employment Site - Phase 2
0.7 Acres of Commercial Land in Llanelli SA14 6RE
Investment Highlights
- Consisting of 10 hectares of development land in two phases
- Modern business park environment in an exceptional location
- The location of the site offers distinct advantages with easy access to the east and west along the A48 / M4
Executive Summary
Long Leasehold for a term of 125 years. The development plots will be sold by way of a Building Lease, requiring the following:
Completion of the development within 12 months of entering an Agreement. The sale to be on the basis of either a Premium payment or Ground Rent option. Leases on a Ground
Rent will be reviewed on a 5 yearly basis. Requirement to pay a service charge contribution towards estate maintenance costs. The Council reserves the right to sell the sites by competitive tendering in the event of multiple applications.
Completion of the development within 12 months of entering an Agreement. The sale to be on the basis of either a Premium payment or Ground Rent option. Leases on a Ground
Rent will be reviewed on a 5 yearly basis. Requirement to pay a service charge contribution towards estate maintenance costs. The Council reserves the right to sell the sites by competitive tendering in the event of multiple applications.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| Tenure | Long Leasehold | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.70 AC |
| Property Type | Land |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.70 AC |
1 Lot Available
Lot
| Lot Size | 0.70 AC |
| Lot Size | 0.70 AC |
Description
Phase 2 will be completed in 2020 and offers 7 additional plots with sizes expected to vary from 0.4 acres (0.16 ha) to 3.14 acres (1.27 ha). The development footprint is expected to cover 35-45% of each plot.
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Julie McNamara -
Welsh Government
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Plot 14 Cross Hands Strategic Employment Site - Phase 2
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