Property by town:
From our Caernarfon office follow the road towards Pwllheli/Porthmadog along the A487. Continue through the village of Bontnewydd passing the Newborough Arms and the property can be found on your left hand side.
This well known landmark property, prominently situated on the fringe of the popular village of Bontnewydd, is large in size and offers enormous development potential. The property comprises two substantial detached buildings linked by a corridor and situated on a good sized plot which also has a range of ancillary outbuildings and a large tarmacadamed yard area providing ample parking spaces. The vendors will sell the two properties as one unit or as two separate units, with the South Wing being offered at £165,000 and the North Wing being £180,000.
The buildings are currently used as offices, and although the property is within a conservation area, we are of the understanding that the local authority would consider redevelopment of the site for alternative use providing that the original façade of the building remains intact. In our judgment this is a one-off development opportunity (subject to the necessary consents).
We are informed by the seller that this property benefits from Mains Water, Electricity and Drainage. There is a separate central heating system to both wings.
For sale with vacant possession
Rateable Value £15,200.50
Rates Payable 2008/2009 £7,457.25
Prices, outgoings and rentals are exclusive of, but may be liable to, VAT.