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Curiosity within the Sale of Former South Wales Financial institution Constructing Anticipated to be Excessive


A former financial institution constructing which nonetheless accommodates locked, unique safes and which was later a centre for unlawful actions, is predicted to draw excessive bids when it goes up for public sale.

The tip of terrace, three storey constructing,  in Pentre, close to Treorchy, within the South Wales valleys, is being bought by Newport-based Paul Fosh Auctions.

With its unique banking corridor on the bottom ground and a complete inner house of some 2,444sq ft, it  is listed with a information value of £80,000-plus.

Debra Bisley, of Paul Fosh Auctions, stated:

” The property at 213 Ystrad Highway, Pentre, has an fascinating historical past. It is a stable constructing because it was a financial institution for fairly a while. There are nonetheless the varied trappings of its former use together with the banking corridor on the bottom ground and locked safes. We do not have keys for the safes.

“The primary ground includes employees and ancillary lodging benefiting from UPVC double glazing.  The property affords plenty of potential different makes use of or redevelopment alternatives, topic to the mandatory consents

“Most just lately the place was used for unlawful functions, to domesticate medication. Potential bidders are inspired to notice the interior situation of the property because it has solely been partially cleared.

“The property is located on Ystrad Highway within the village of Ton Pentre and close by there are a selection of native retailers. Entry to the A470 is close by offering hyperlinks to Cardiff to the south east.”

The previous financial institution is amongst some eighty properties that are being provided on the market on-line on the Paul Fosh Auctions sale which begins at midday on Tuesday August 30 and ends from 5pm on Thursday, September 1.

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