***ONLINE AUCTION 11th JUNE 2020*** A mid terrace freehold building located in a busy thoroughfare in the established market town of Builth Wells.
***ONLINE AUCTION 11 JUNE 2020***
A mid terrace freehold building located in a busy thoroughfare in the established market town of Builth Wells.
Situated over four floors the property has two separate entrances and further benefits from car parking to the rear. The ground floor and cellar currently have A2 commercial use in place but may suit other businesses (subject to the necessary change of usage permissions).
Builth Wells benefits from a busy town centre, particularly in the summer months when tourists gather from all around the country to enjoy the surrounding natural beauty and many walking routes the area has to offer. The renowned Royal Welsh agricultural show is also held in the nearby village of Llanelwedd in the summer months.
Please note the property has not been inspected internally however we believe it comprises:
Basement: 3 storage areas/ancillary space 818 sq. ft/76 sq. m
Ground Floor: Large reception office, 2 office rooms 829 sq. ft/77 sq. m
First Floor Offices: 383 sq. ft/35.60 sq. m
Second Floor Offices: 379 sq. ft/35.20 sq. m
Outside: Parking for multiple vehicles to the rear
Tenancies: Basement & Ground Floor - To be sold with vacant possession
1st & 2nd Floor - Let on a formal lease from 1st Aug 2018 to 31st July 2023, with passing rent of £5,000 per annum (£416.66 per month)
Tenure: Advised Freehold - to be verified by solicitor
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation. 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.
According to Uswitch the property has the following internet speeds. Please note you should always confirm this by speaking to the specific provider you would like to use. This is for guidance only.
Fibre: Up to 67Mb
Non-Fibre: Up to 11Mb (Estimated 7.5Mb)
Builth Wells has a range of amenities and facilities including Primary and Secondary Schools, a cinema, leisure centre, cricket, rugby, football and golf clubs. It is also home to the internationally famous Royal Welsh Show which is the largest agricultural show in Europe. The town has good transport links, is on a bus route between Cardiff and North Wales and is also served by Builth Road Railway Station on the Heart of Wales Line. Situated within the Wye Valley, an area of natural beauty and close to the Elan Valley at Rhayader, it is well-known as a walker’s paradise whilst the Red Kite feeding centre at Gigrin Farm offers a truly unique experience to see the rare and magnificent birds on a daily basis.