Initial price	£195,000
01/02/25	£135,000
Price Change	-30.77%

This historic building, formerly Lloyds Bank, is being sold by online public auction and offers a unique investment opportunity for developers. The property is located in the centre of Welshpool and has planning permission to convert and redevelop the building into 8 modern apartments, with the potential to add 4 further apartments in the rear unit, subject to planning consent. The building has a retail unit on the ground floor, generating £3,600 per annum in rental income, and is in need of renovation. The vendor will consider pre-auction offers above the guide price of £135,000, making this a rare opportunity to acquire an iconic building in a prominent town centre location. Viewings are encouraged to appreciate the scope of the offering, and full details are available within the legal pack.