House For Sale £299,000
For sale by auction on Wednesday, 20 Oct 2021 at 12:00
Venue: Online online,
Grade II Listed Townhouse in Sought After Town
A three storey grade II listed townhouse located within the popular town of Usk. The property has undergone significant external upgrading works with the internal accommodation still requiring full refurbishment, thus allowing any interested party an opportunity in placing their own stamp on the property. The property has formerly been used as offices and has fallen into disrepair but has the potential to convert into residential accommodation as one single dwelling, multiple flats, or retention of the former office use subject to all necessary consents.
The property is located in the centre of this historic town which was this year voted the best place in Wales to live. Usk offers a range of shops, service providers, public houses, and primary school.
The property forms part of an implemented permission (DC/2005/00903) and listed buildings consent (DC/2005/00897) both granted in April 2007 for “alteration and extension of the Kings Head hotel and conversion of the adjacent properties into hotel accommodation”. On 6th September 2018 the landowner was served with a section 215 notice under the Town and Country Planning Act 1990 due to the extent of the disrepair of the building. Since, then a lot of the remedial works set out by the local authority have been undertaken externally.
The improvements which have been carried out are available to obtain within the legal pack for the property via the Auctioneers website.
Accommodation
Not inspected but advised to comprise of the following.
Basement Area.
Ground Floor: Four rooms, w/c, store.
First Floor: Five rooms, w/c.
Second Floor: Three rooms
Outside
We are informed that two parking spaces behind the Kings Head will be allocated (please refer to the legal pack for confirmation of inclusion within the sale).
Viewing Schedule
Via the auctioneers. Please call to book an appointment.
Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Online online,
Grade II Listed Townhouse in Sought After Town
A three storey grade II listed townhouse located within the popular town of Usk. The property has undergone significant external upgrading works with the internal accommodation still requiring full refurbishment, thus allowing any interested party an opportunity in placing their own stamp on the property. The property has formerly been used as offices and has fallen into disrepair but has the potential to convert into residential accommodation as one single dwelling, multiple flats, or retention of the former office use subject to all necessary consents.
The property is located in the centre of this historic town which was this year voted the best place in Wales to live. Usk offers a range of shops, service providers, public houses, and primary school.
The property forms part of an implemented permission (DC/2005/00903) and listed buildings consent (DC/2005/00897) both granted in April 2007 for “alteration and extension of the Kings Head hotel and conversion of the adjacent properties into hotel accommodation”. On 6th September 2018 the landowner was served with a section 215 notice under the Town and Country Planning Act 1990 due to the extent of the disrepair of the building. Since, then a lot of the remedial works set out by the local authority have been undertaken externally.
The improvements which have been carried out are available to obtain within the legal pack for the property via the Auctioneers website.
Accommodation
Not inspected but advised to comprise of the following.
Basement Area.
Ground Floor: Four rooms, w/c, store.
First Floor: Five rooms, w/c.
Second Floor: Three rooms
Outside
We are informed that two parking spaces behind the Kings Head will be allocated (please refer to the legal pack for confirmation of inclusion within the sale).
Viewing Schedule
Via the auctioneers. Please call to book an appointment.
Additional Fees
Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides 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. Each 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.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
