Former Bank With Consent To Convert To 4 no. Apartments Plus Ground Floor Commercial

Three storey grade II listed former bank believed to have been constructed in 1876, prominently situated in the centre of Welshpool at the corner of Broad Street and Berriew Street (A458). The Ground floor was used as the banking hall, with ancillary offices and staff facilities located on First and Second Floors, with further storage and plant located in the basement. Planning Consent was granted by Powys County Council in February 2023 (Reference: 22/0553/FUL ; Alternative Reference: PP-11154635) For change of use of first and second floors from a bank to 4 no. apartments, and retention of existing A2 ground-floor unit. Accommodation On completion of the conversion the building will briefly comprise the following:- Ground Floor – open plan former banking hall and cycle and bin store for the upper floors. First Floor – 1 x 1 bed / studio apartment and 1 x 2 bed apartment Second Floor – 1 x 1 bed / studio apartment and 1 x 2 bed apartment Basement - storage Tenure: freehold Title number: CYM478678 Council Tax Band : n/a Local Authority: Powys Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Energy Efficiency Rating (EPC)

Current Rating D

Local Authority

Powys County Council

Solicitors

ET Law, Ref: Sean Daly, Tel: 0161 833 0044

Additional Fees

Administration Charge - 1.98% inc VAT of the purchase price, subject to a minimum of £1980 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.