Lot 87 - Former Ridgebourne Hotel, Wellington Road, Llandrindod, Powys, LD1 5NH

  • Unconditional Online Auction Sale
  • Guide Price* : £135,000+
  • Bedrooms: 0

Lot 87 - Development Opportunity

Description

ONLINE AUCTION from 7th MARCH-9th MARCH

An opportunity to acquire a former public house with planning for three houses. The site also benefits from further land offering ample parking. The town of Llandrindod wells benefits from a great range of shops and amenities and leisure facilities and is surrounded by some of the most stunning countryside in Wales.

There are also great transport links with a Train Station and good road links.

Planning:

Planning has been granted for conversion of the former public house to 3 dwellings.
Application no 22/0920/FUL

Council Tax Band

B

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 1.5% of the purchase price (subject to a minimum of £1,500) 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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Bidding History 6 Bids

User Amount Date
Bidder 5 £150,000 09/03/23 19:13:17
Bidder 4 £147,500 09/03/23 10:24:50
Bidder 2 £145,000 08/03/23 19:07:20
Bidder 3 £140,000 08/03/23 18:52:36
Bidder 2 £135,000 08/03/23 13:12:49
Bidder 1 £130,000 07/03/23 20:26:13

Viewing Information

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Joint Agent

Hunters, 01597 825644
01597 825644

Office Contact

Documents

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.

If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.

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