Hi everyone, this is my first post on this forum. I'm on the Fordbarn every day and on the HAMB occasionally. I've been into cars, and therefore shops, all my life. I'm 69 and am in the process of having built a 30'x40' metal building to catch the overflow from my existing 1100 sf shop. I anticipate not having time left to fill this one up, thought I hope I'm wrong. 
I'll be doing the wiring. The panel in my existing shop is fed via an overhead #4 triplex and a 50 amp breaker from the meter base/breaker box (called a housepower box back in the day). This shop is about 12' from the existing shop, so I'll be running about 25' total run from the existing triplex fed panel underground through PVC to a 12 circuit panel in the new shop. Although I'm making allowances for lights and a welder now, I want capacity for other luxuries if needed.
My questions are: I plan on using #2 aluminum. Do I need 4 wires or three, since I only have three feeding my existing panel? Should I use an underground rated bundled cable or individual wires? And finally, what size conduit is appropriate? This project won't be inspected, but I do want it safe.
a 50 amp breaker might not seem sufficient for the area of the two buildings, but my existing shop has been fed like this for 25 years with absolutely no problems. I'm the only one working (?) in there, so it isn't likely that there will be multiple tools running at the same time.
Any advice is appreciated.

I'll be doing the wiring. The panel in my existing shop is fed via an overhead #4 triplex and a 50 amp breaker from the meter base/breaker box (called a housepower box back in the day). This shop is about 12' from the existing shop, so I'll be running about 25' total run from the existing triplex fed panel underground through PVC to a 12 circuit panel in the new shop. Although I'm making allowances for lights and a welder now, I want capacity for other luxuries if needed.
My questions are: I plan on using #2 aluminum. Do I need 4 wires or three, since I only have three feeding my existing panel? Should I use an underground rated bundled cable or individual wires? And finally, what size conduit is appropriate? This project won't be inspected, but I do want it safe.
a 50 amp breaker might not seem sufficient for the area of the two buildings, but my existing shop has been fed like this for 25 years with absolutely no problems. I'm the only one working (?) in there, so it isn't likely that there will be multiple tools running at the same time.
Any advice is appreciated.
