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Welsh Pennant Stone Quarry

Llanelli Carmarthenshire
A great opportunity to purchase 40% of this high quality Pennant Blue stone quarry.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 36318
ADVERT IMPRESSIONS : 12,804 TIME(S)

 
BUSINESS SECTOR: Agriculture
TRADE TYPE: Other
SALE: Agent Sale

FREEHOLD:

£400,000
 

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BUSINESS DETAILS:

The 11.93 acre site has over 500,000 tonnes of stone available for extraction. Presently the site has planning permission to extract 10,000 tonnes per annum although this restriction will not apply once the redevelopment of the adjoining area starts

The site yields high quality Blue Pennant stone used extensively in buildings, stone walls, gardens etc.

Location: Located in a rural area with good link roads to the M4.


Tenure:
Freehold

Our Opinion

 The market price for this stone is £100 per ton for dressed stone and £65 per ton for random and crushed stone

 There is a big demand for quality dressed stone for construction and landscaping gardens.

 The redevelopment income will reimburse the asking price for the quarry many times over

 The eventual exhausted quarry will have a value
   
  FOR SALE
   

REFERENCE:

MS 391 / RightBiz
   
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