Lot 60 - Shop and Premises Portland House, Spa Road, Llandrindod Wells, Powys, LD1 5ER
- Unconditional Online Auction Sale
- Guide Price* : £375,000+
- Bedrooms: 6
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Lot 60 - Residential/Commercial Investment
Description
ONLINE AUCTION from 29th AUGUST-31st AUGUST
A substantial grade II listed landmark building with wonderful architectural features. The property comprises four storeys of accommodation including 6 bedrooms and a ground floor Tea Room/Restaurant. The current owners are running the tearoom/restaurant and have additional income from the letting of the boutique style bedrooms.
This versatile freehold building would also offer scope for many other uses including use as one large family residence, tourism use such as airbnb or potential conversion to flats (subject to neccesary planning consent).
The delightful spa town of Llandrindod wells benefits from a wealth of shops both independent and national, great transport links and well renowned schools at both primary and senior level. The town is also an ideal base for those who enjoy the great outdoors and is surrounded by stunning countryside and is convenient for access to the Bannau Brycheiniog national park.
Accommodation
Ground Floor: Tea room/restaurant, w/c and stores
First Floor: Lounge, dining room, kitchen, shower room and study
Second Floor: 3 bedrooms (one ensuite), bathroom
Third Floor: 3 bedrooms (two with ensuite), bathroom
Outside: To the right of the property is a drive which provides off road parking for several vehicles with garage at the far end and access to the courtyard garden.
Tenancies
To be sold with vacant possession
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £1,200) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Documents
- Terms and Conditions for Unconditional and Conditional Online Auctions
- Reservation Fees & Deposits Explained
- Buyers Guide for Conditional Auctions
- Buyers Guide for Unconditional Auctions
- Sellers Guide for Conditional Auctions
- Sellers Guide for Unconditional Auctions
- Guide to Buying at Auction
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
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