One of Oswestry's historic buildings could be bought by the town council as part of a High Street heritage action zone scheme.
The black-and-white half-timbered Llwyd Mansion in the centre of the town hasA report to Oswestry Town Council's meeting on Wednesday says the owner of the Grade I listed building has accepted a town council offer of £75,000.
"Should members choose to proceed with the purchase, once the purchase has gone through and ownership transferred to the council, the next steps would be to have an independent valuation conducted on the premises," he says.
"Clearly this is a risky project for the council and whilst the building can be renovated and done to a good standard, it comes with future liabilities which are not built into the budget. These cannot be estimated at this point, but the landlord does have some statutory and ongoing obligations.""Should it be a commercial investment then it would be prudent to employ a commercial agent to market the property.
Officers are recommended that councillors accept the final purchase price of £75,000 plus VAT and to delegate authority to the town clerk to proceed with the acquisition of the building. Llwyd Mansion was built in the mid to late 15th Century and re-modelled around 1604 - the year shown on the double-headed eagle nameplate on the second floor.
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