Advertising

Former quarry and a school to be auctioned in Powys

By Jonny Drury | Mid Wales | News | Published:

Properties and land including a former quarry and an old school will go up for auction in Powys next month as the local authority looks to raise funds.

Powys County Council has declared a number of properties it owns in the county surplus, and has listed them to go for auction on March 5 at the Metropole Hotel in Llandrindod Wells.

All together, £755,000 worth of land and property is listed for auction, after the council had been unsuccessful in offloading the properties through sales in the past.

A quarry near Llanfyllin is listed with no price, however Builth Wells Library is listed at £130,000, with two properties in Newtown listed at £50,000 and £80,000.

A former school in Staylittle, Llanidloes, is listed at 65,000, with the town's former library going for auction at £70,000.

The authority wants £30,000 for a former DSO in Machynlleth.

In a report that went before the council earlier this year, councillor Phyl Davies, cabinet member for properties said: "Over recent months a number of council services have been proactive in declaring various property assets surplus to their requirements.

"The corporate asset policy has been followed and consideration has been given to the most appropriate mechanism of marketing and disposing of a number of property assets, many of which require modernisation and improvement.

"Due to the nature of these properties, it is considered that sale by auction is the most appropriate method of disposal, also providing the best opportunity to ensure that capital receipts are received before the end of the current financial year to help meet the Council’s capital income targets.

"Additionally, it is also considered that in an effort to increase the council’s capital receipts further, a number of properties which are currently offered for sale by private treaty should also be added to a collective property auction, as they have struggled to achieve significant interest to date on the open market."

Brightwells will auction the properties in Llandrindod Wells, with proceedings kicking off at 3pm.

Jonny Drury

By Jonny Drury
@JonnyDrury_Star

Senior reporter covering Oswestry and Mid Wales.

Advertising

Top stories

Advertising

More from Shropshire Star

Advertising

UK & International News