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Cwmbran Health Centre Sold at Auction

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A former South Wales health clinic sold for almost twice its guide price at auction.

The modern, two storey, brick-built building in Maendy Square, Pontnewydd, near Cwmbran, was sold by Newport-based Paul Fosh Auctions for £215,000. It had a guide price of  £120,000.

Debra Bisley, of Newport-based Paul Fosh Auctions, said:

“There was loads of interest in the former clinic which is currently set out for its previous use as a health clinic on the ground floor with offices above.

“In all there were six bidders who lodged a total of 44 bids over the two days of the online sale before it finally went to the fourth of the six competing to secure this prime property.

“The rear of the former medical centre there is an enclosed space. To the front there are parking spaces for at least two cars. Additionally there is a public car park to the rear.

“There are electric roller shutters on the main front door and on the front windows. It is located on the intersection of Maendy Wood Rise and Heol Y Pwca in the highly sought after area of Cwmbran close to local amenities and transport routes. The area is primarily residential with a number of local shops to the rear.

“This property is currently classified as ‘health centre and premises’, with the current rateable value being £8,700.”