• • FOR SALE BY ONLINE AUCTION ON THURSDAY 18TH JUNE 2026 AT 2PM.
• • A 5-Storey Building located in a prominent location in the centre of Llandrindod Wells
• • Convenient to the railway station and shops
• • Ground Floor Retail/Office Area 5.44m x 6.26m (34.07 sq. m.)
• • Front entrance lobby with excellent double fronted display window
• • Rear Entrance Hall, Kitchen, Lobby, WC, cellar
• • Door to communal side entrance which leads to 4 flats over the ground floor commercial unit
• • CEPC - C (71) Exp 5.1.2036

FOR SALE BY ONLINE AUCTION ON THURSDAY 18TH JUNE 2026 AT 2PM

A 5-storey building located in a prominent location in the centre of Llandrindod Wells, convenient to the railway station and shops around including national retailers, i.e. Boots, Greggs etc. Located within the town’s conservation area, in the centre of the historic spa town of Llandrindod Wells. The town is the county administrative centre for Powys County Council and a popular tourist destination, being within an area of natural beauty. The town includes the well-known Metropole and Commodore Hotels, recreational areas include the lake and Rock Park, primary and secondary schools. In relation to transport the local train service is the Heart of Wales line which links Swansea to Shrewsbury and bus services connecting South and North Wales.

The ground floor was previously occupied by an estate agents but the commercial element is all vacant together with cellar. Side access to the 4 flats which have been sold off but are within the title and retain a ground rent.

The accommodation comprises:

Ground Floor
Retail/Office Area 5.44m x 6.26m (34.07 sq. m.) to include the front entrance lobby, excellent double fronted display window with floor to ceiling glass, entrance door, storage heaters, door through to cloakroom with WC and washbasin.
Rear Entrance Hall with rear door, storage heater.
Kitchen 4.78m x 1.81m (8.65 sq. m.) with base and wall units, stainless steel sink unit, storage heater.
Also an internal door into a rear office 4.69m x 4.29m (20.14 sq. m.)
Lobby 1.65m x 4.69m (7.73 sq. m.)
WC, door to cellar, door to communal side entrance which leads to 4 flats over the ground floor commercial unit.

TENURE Freehold. Land Registry Title Number: WA950288. Please refer to the title documents.

Ground Rents for Flats
The ground floor and basement - vacant.
A flat let on a long lease on the first floor - 99 years from 9 Oct 2018 - ground rent is £200 pa (increasing) Oliver Broadway is the tenant
A long lease (headlease) of the upper two floors owned by Gaerllywdd Settled Estates - this is a lease for 99 years from 1 September 2005 – Ground rent is £100 pa (increasing).
The head lease has 4 x subleases all on long leases (99 years from 1 September 2005) with ground rent initially @£125 pa doubling every 25 years 78 years left on the terms. and the rent will double in just over 3 years. These leases are on identical terms.

Current Rateable Value
Commerce House £4,450
Basement £1,050

AUCTION DATE
This property is to be offered for sale through our online auction service with a proposed auction date of Thursday 18TH June 2026 at 2pm. The legal pack is available for inspection by registering via our website or by enquiries at our Newtown Office prior to the auction.

BIDDERS REGISTRATION
All potential bidders must register before the day of the auction in order to purchase. To register you MUST provide proof of identity to comply with Money Laundering Regulations.

BUYER’S PREMIUM
A buyer’s premium of 3% plus VAT (3.6% inc VAT) is payable by the successful bidder on conclusion of the sale. Subject to a minimum fee of £3,600 including VAT (£3,000 plus VAT).

VENDORS RIGHT TO BID
This property is subject to a reserve. The Sale of Land Act 1867 states: “And, where any sale by Auction of land is declared either in the particulars or conditions of such sale to be subject to a right for the seller to bid, it shall be lawful for the seller or any one person on his behalf to bid at such Auction in such manner as he may think proper”.

VENDOR’S SOLICITORS
Mr G Van Rees (Joint Vendor)

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