Bank House, West Street, Builth Wells

The property comprises a large, freehold former bank and offices set within a large site.

Arranged across basement, ground and two upper floors, the Grade II listed property comprises two buildings, a former banking hall with amenity space to the upper parts, and a former office building. The accommodation totals 5,262 sq ft (488.82 sq m) across both buildings.

We consider the property offers immediate asset management potential via letting, either as a whole or as separate buildings. Furthermore the property may benefit for potential to convert to alternative uses, including residential (subject to obtaining the requisite consents). The property previously obtained planning consent for the conversion of the first and second floors to 4 x flats. This consent has lapsed but it is envisaged a similar consent could be obtained or expanded to include conversion of the ground floor.

The property sits on a large site of 0.31 acres (0.12 hectares) and includes a large land plot to the rear. There therefore may be further development potential to this rear land (subject to obtaining the requisite consents).

The property occupies a prominent position in the centre of Builth Wells, an attractive market town.