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No longer on the market

This property is no longer on the market

Commercial development

Auction
Sold STC
Commercial development
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession. <b>INVESTORS</b>: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a...
FOR SALE BY AUCTION - -Lot 24 - Development opportunity
ONLINE AUCTION from 24th JUNE - 26th JUNE 2025

The property comprises a former youth hostel and education centre, with planning in place to convert the building into 16 flats, 9 of which will be affordable and 7 which will be private, the flats will provide a combination of studios, one bedroom and two bedroom flats on completion Communal gardens to the rear and off street parking.

There is good floor to ceiling heights to the ground floor, Far reaching views to the upper floors. The building is currently in shell condition awaiting fit out Assumed specification will be suited to the target market.

The subject Property is located in Abergavenny in Monmouthshire, South Wales, The Property is located to the north of Abergavenny town centre in a quiet location with town centre amenities easily accessible. The surrounding hills easily accessible to the north with a primary school opposite the development. Sporting amenities are just to the north surrounding Pen Y Pound Stadium with the A40 is accessible 0.1 miles to the south and provides a connection to Monmouth 16 miles to the east. The M4 Motorway is within 17.5 miles to the south at Junction 25a via the A4042.

PLANNING: Planning application - DC/2014/01016

VIRTUAL TOUR

AccommodationFloorDescriptionArea Sq FtArea Sq MPlot/FloorAcommodationArea Sq FtArea Sq MPlot 1/Ground Floor2 bedroom, bathrooms87181Plot 2/Ground Floor2 bedrooms, bathroom66762Plot 3/Ground FloorStudio34432Plot 4/Ground Floor1 bedroom, bathroom51648Plot 5/Ground Floor2 bedrooms, bathroom78573Plot 6/Ground Floor1 bedroom, bathroom54951Plot 7/First Floor1 bedroom, bathroom54951Plot 8/First Floor2 bedroom, bathroom63559Plot 9/First FloorStudio34432Plot 10/First Floor2 bedrooms, bathroom66762Plot 11/First Floor1 bedroom, bathroom58154Plot 12/Second Floor1 bedroom, bathroom48445Plot 13/Second Floor1 bedroom, bathroom51748Plot 14/Second FloorStudio34432Plot 15/Second Floor2 bedrooms, bathroom64660Plot 16/Second Floor1 bedroom, bathroom59255Total9,091845

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession.

INVESTORS: If you are looking for assistance in tenant find and/or management packages, information on rental income/interest potential we have a Lettings Department that can help you. Please call us or [use Contact Agent Button] for invaluable advice.
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About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
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The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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