Lot 36 - Ardwyn Former School, Red Bank, Welshpool, SY21 7PW

Description

ONLINE AUCTION from 12th DECEMBER-14th DECEMBER

A listed school building comprising of five, self-contained classroom blocks, the building was architecturally designed to make best use of natural light. The five classrooms form separate blocks, each with its own classroom facilities. The blocks all contain independent entrances but are also connected to the main assembly hall by corridors and covered walkways. Subject to the relevant consents the building may lend itself to further development. Alternative uses may include but are not limited to, five independent bungalows, assisted living accommodation, office space, a leisure facility for a dance studio, gym, yoga studio.

To the front of the property is a large car park with children’s playground, to the rear of the property is the former playing fields being a large parcel of sloping land of which the majority is well maintained grass. Additionally, there is a small tree covered area to the rear of the site and a further area of land used previously for grazing. Subject to the relevant consents, the land may lend itself to further development.

Location
Situated in the scenic market town of Welshpool, this ideally located close to the Welsh/ English border and provides good transport links. The town is well located to allow access to the A483 and A458 and the national motorway network. The property is located within 20 minutes walk of Welshpool station, providing good connections to Wales and the rest of the UK.

The site is positioned in an elevated location and offers scenic, panoramic views over the town of Welshpool and beyond and extend to over 4 acres.

Services
The property benefits from water and electric (not tested).

VAT
We have been advised that no VAT is applicable on the sale of this property.

Accommodation

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/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) 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.