BBC News
Launch consoleBBC News in video and audio
Last Updated: Tuesday, 18 March 2008, 17:05 GMT
Empty field up for sale at £1.2m
The Pembrokeshire field on the market for £1.2m

A six-acre field close to a beach in Pembrokeshire has gone on the market for £1.2m.

While the meadow near Newport boasts impressive sea views, the land does not have planning permission.

Arwel Thomas of JJ Morris, who is marketing the field, said agricultural land would usually be expected to fetch about £10,000 an acre.

He said it was unlikely to get planning permission in the short term, but that could change in the future.

By comparison, in another part of Pembrokeshire, at Castlemartin, about 220 acres of land is on sale for £1.5m.

Mr Thomas said the chances of obtaining residential planning consent at the moment were "a long shot".

"But we don't know what's going to happen in the medium or long-term," he added.

Land - they've finished making it you see! It's a fair price
Seller Hugh Harries

"We've had interest and inquiries for it already."

Hugh Harries, of Ty Canol Farm, who is selling the land said he believed the asking price was reasonable.

"Land - they've finished making it you see! It's a fair price," he said.

He also mentioned that he had just taken a call from a potential buyer in Ireland.

Councillor Robin Evans, who represents Newport on Pembrokeshire Council and knows Mr Harries, said a lot of people bought second homes in the town, so demand for property was high.

'Living in paradise'

"If whoever buys the land would ever get planning permission is a moot point," he said.

"But if planning permission was obtained which, as I say, is unlikely in the present circumstances, they could build enough properties to make a good deal of money."

The field is not the only unusual property in Wales to raise eyebrows recently over its asking price.

A "dilapidated" shed in Abersoch on the Llyn Peninsula in Gwynedd went up for sale earlier this year with a price tag of £150,000.

But what makes Newport, located between Fishguard and Cardigan, so attractive that a large field can go up for sale for over £1m?

Mr Evans was not slow to talk up the town: "We're in the national park, there's a fantastic estuary and there's numerous shops and cafes," he said.

"Everything that people need is here.

"I've lived here for best part of 37 years and it's like living in paradise."



SEE ALSO
House prices still slowing down
28 Feb 08 |  Business

RELATED BBC LINKS

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites



FEATURES, VIEWS, ANALYSIS
Two cities, in Africa and Europe, braced for higher seas
Abuse charges divide Argentine veterans
Striking images from around the world

PRODUCTS & SERVICES

Americas Africa Europe Middle East South Asia Asia Pacific