Commercial investment with redevelopment potential, full planning for the conversion of the upper floors into 2 residential units

  • Price: £315,000
Builth Wells, Powys, Wales
Seller Ref:114102
For Sale

Commercial investment with redevelopment potential, full planning for the conversion of the upper floors into 2 residential units

Builth Wells, Powys, Wales
Seller Ref:114102
  • Price: £315,000

Overview

Seller Ref: 114102

Description

Commercial investment with redevelopment potential, full planning for the conversion of the upper floors into 2 residential units

The property offers a significant redevelopment/investment opportunity in the centre of the town of Builth Wells. The property is being offered for sale with vacant possession as Barclays Bank are vacating the property and this allows a comprehensive redevelopment of the property to include the large car park at the rear of the property.

The building is of brick construction and provides accommodation arranged over 4 floors extending in total to approximately 5,583 sq ft (518.7 sq m).

The property is currently arranged as a self contained ground floor retail unit and is to being vacated by Barclays Bank offering further development potential. This area is arranged as a retail unit with storage facilities etc

The first and second floors have previously been let as office accommodation separately accessed off Broad street. The offices are accessed via a communal staircase and have shared WC facilities on each floor along with kitchen points in each office. There is a service charge in place for the communal and externals of the building. The building is part slate roofing with a flat roof section at the rear of the property.

There is full planning for the conversion of the upper floors into two residential units. See the planning section for further info.

The property is owned under title number CYM323078.

Is stock included:
NA

Business Documents

5e46b89fe569948a15cb04b216e6d1ff-CSS938-Crown-Buildings11-Broad-Street-Builth-Wells-LD2-3AE-2023
2f3d81eaf10afa00b88081b7daca342c-Lower-Ground-and-Ground-Floor

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