The sale of a prominent Powys County Council building, which could net the authority over £225,000, has fallen through again.

At a meeting of the council’s Finance Panel on Wednesday, May 13, the news that the sale of The Gwalia on Ithon Road in Llandrindod Wells had fallen through for the second time in a year was revealed to the committee by council leader Cllr Jake Berriman.

The panel was discussing how council asset sales were progressing as they looked at a report on how the 2025/2026 Capital Budget stood at the end of February.

The report showed that £800,000 had been made in asset sales by February, with potentially a further £1.7 million to be made by the end of March if deals were successfully closed.

This potential £2.5 million is a long way short of what the council had hoped, as there had been an annual target of £10 million to hit – before opposition councillors clubbed together to scrap it at a vote last summer.

In October last year, Cllr Berriman took the decision to restart the disposal process for The Gwalia.

It had been expected that the asking price would be around £250,000, but listings with estate agents showed the council were willing to take £225,000 for the historic Grade II listed building.

Cllr Berriman (Liberal Democrat – Llandrindod North) said: “The Gwalia has fallen through again and we’re looking at how best to proceed with that.”

He added that the disposal of the council offices in Brecon needed to go through a planning application process before it could be sold.

Cllr Berriman continued: “This was coming to an end but it’s been the best part of 12 months.”

He added that he “could go on” as “there are a range of things” that have affected asset sales.

The council has been looking to offload The Gwalia for several years.

It had been thought that a deal to sell the building had been made in the early part of 2025, but it was revealed at a council meeting last July that this had fallen through.

The building has been used by the council as a library, for registration services and as an office.

The Gwalia Hotel opened in 1902 and was a fashionable spa venue in the early Edwardian years.

It was sold at auction to Radnorshire County Council, and council officers and their departments moved into the former hotel in 1950.

In 1974, the building became the headquarters of Radnorshire District Council and became a customer service point for Powys County Council in 1996.