Large freehold farm with barn, income, and planning potential for experienced buyers.
38.19 acres (15.45 ha) of predominantly arable land with direct road access
Modern 24m x 15m steel portal agricultural building with roller shutters
Telecom mast lease income £4,000 pa until 15 Sept 2041 (c.16 years left)
Available whole or split into two lots; Lot 1: 19.83 acres and barn
Derelict Cold War bunker on site — not accessible and requires removal/repair
Overage and gravel royalty provisions apply on development/mineral extraction
HGV operator licence linked to barn (vendor’s name) expires 2027 — check transfer
Modest broadband (up to 40Mbps), average mobile signal; high local crime rate
This freehold block comprises 38.19 acres (15.45 ha) of predominantly arable land on the outskirts of Newport, offered as a whole or in two lots. Lot 1 includes a modern steel-framed agricultural building (24m x 15m) with two roller shutters, single-phase electric and storage use; two mobile homes used for storage are included but not connected to services. The site benefits from direct vehicular access to Long Lane/Staplers Road and is about 2 miles from Newport town centre.
Commercial upside comes from an existing telecom mast lease (rent £4,000 pa) and an HGV operator licence tied to the barn (vendor’s name, expires 2027). The land lies in a Mineral Safeguarding Area and is sold subject to overage provisions (35% development uplift over 30 years; 50% gravel royalty over 50 years) and existing rights and easements. There is no flood risk and a 3-month holdover for barn storage (and longer for unharvested crops) will apply after completion.
Notable constraints and practical issues are set out plainly: the telecom mast lease runs to September 2041 (c.16 years remaining) which may deter mortgage lenders and limit traditional mortgage financing; the HGV licence expiry and any future operator transfer should be checked. Broadband is modest (typical download up to 40Mbps) and mobile signal is average. The Cold War bunker is derelict and not accessible. The property has a high local crime classification and sits in a rural hamlet/isolated setting.
This is best suited to purchasers with agricultural, commercial or development experience who understand statutory overage, mineral safeguarding and non-standard income streams. The site offers clear farming utility now, and scope for alternative uses subject to planning (STPP) and the vendor’s overage/royalty conditions.
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