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Work to restore a grade II* listed former bicycle and car showroom - the oldest in Wales - and bring it back into use as a business centre has been completed.
A total of £3.1 million has been spent on buying and refurbishing the Art Nouveau and Art Deco style Automobile Palace in the centre of Llandrindod Wells, after Powys County Council secured £1.585 million in funding from the Welsh Government and £550,000 from the UK Government.
We will now proceed with letting the 8 available business units in the building. Unit sizes, guide rents and service charge percentages are as follows:
Unit 1A (Water Connection Available) unit size 33.3M2, 359ft2, guide rent per annum £2,333.50, Service Charge 2.21%
Unit 1B unit size 24.96M2, 269ft2, guide rent per annum £1,748.50, Service Charge 1.66%
Unit 2 (Water Connection Available) unit size 57.01M2, 614ft2, guide rent per annum £3,991.00, Service Charge 3.79%
Unit 3 unit size 42.48M2, 457ft2, guide rent per annum £2,970.50, Service Charge 2.83%
Unit 4 unit size 47.00M2, 506ft2, guide rent per annum £3,289.00, Service Charge 3.12%
Unit 5 unit size 48.89M2, 526ft2, guide rent per annum £3,419.00, Service Charge 3.24%
Unit 6 unit size 44.84M2, 483ft2, guide rent per annum £3,139.50, Service Charge 2.98%
1st Floor - Unit 9B (Water Connection Available) unit size 282.55M2, 3041ft2, guide rent per annum £16,725.50, Service Charge 18.75%
Business rates, utilities and trade waste are not included in the rental/service charge figures.
The planning use classes on the building are A1 Shops, A2 Financial & Professional Services, A3 Food & Drinks and B1 Business.
The business units are leased for business purposes only and cannot be used for domestic hobby or storage.
Email: property.sales@powys.gov.uk (Please only use this email for corporate property enquiries. If your enquiry relates to Council Housing, the e-mail address that you should use is housing@powys.gov.uk)
