Plot of Land Let by Council to Farm Tenant in Portskewett to Be Sold as Neighbor’s Garden

A PLOT of land let by a council to a farm tenant is to be sold off as it can’t be farmed as its in use as a neighbour’s garden. 
The plot, which is less than the size of a football pitch, makes up just part of a larger field measuring around nine acres, or around nine football pitches, at Leechpool Holdings, Portskewett. 
It is let by Monmouthshire County Council as part of a farm business tenancy but can’t be farmed as it forms part of the existing garden of the neighbour’s property due to a historic fence boundary. 
The council cabinet has now agreed to sell the 0.17 acre plot to the neighbour, with a condition it continues to be used as part of the garden. 
Labour councillor Ben Callard, who is responsible for the council’s assets, said the sale will avoid potential future boundary disputes as well as provide the council with a capital receipt, though no amount was disclosed in a report for the cabinet. 
The council will sell the land to the neighbour as a ‘special purchaser,’ defined by the Royal Institution of Chartered Surveyors as “a particular buyer for whom a particular asset has a special value because of advantages arising from its ownership that would not be available to other buyers in a market”. 
The contrat for the sale will also seek a 50 per cent of the uplift in value for a period of 25 years and will be triggered if planning permission is approved for other uses.  ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​

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By BBC LDRS ‌​‌​‌​​​‍‌​‌​​‌‌‌‍‌​‌‌​​‌​‍‌​‌‌‌​‌‌‍‌​‌‌‌‌​​