A GEORGIAN town house in the heart of Chepstow, on the site of a hotel where Admiral Lord Horatio Nelson stayed in 1802, has been put up for sale.

The towering four-storey property, which dominates Chepstow's historic Beaufort Square, was most recently used as a branch of NatWest.

The Grade II listed property, also for a time a private home, is on the site of the stables of the former Three Cranes Inn where the hero of Trafalgar stayed while on a tour of the area inspecting oaks for the British fleet.

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The property, which is now being sold by Newport-based Paul Fosh Auctions, has a guide price of £160,000.

Admiral Nelson stayed at the Three Cranes Inn while inspecting oak trees being grown in the nearby Forest of Dean before returning south to prepare to defeat the French and Spanish fleets at the Battle of Trafalgar

In a hard-hitting report at the time, the British naval hero who died on board HMS Victory at the battle of Trafalgar, expressed concern about the supply of timber in the Forest of Dean in 1802, while on his visit to Wales.

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Chepstow town house on site of inn stayed at by Lord Nelson up for auction Picture: DBPR

Lord Nelson visited Wales and the Forest of Dean in August 1802 while on a pleasure trip with Sir William Hamilton and his wife Emma, Nelson's mistress.

On their way home they stayed overnight at Chepstow's long gone Three Cranes Inn, at the top of Hocker Hill Street.

It was while visiting the Forest of Dean that Admiral Nelson called for thousands of acorns to be planted over fears of a shortage of durable wood to build ships for the Royal Navy. The timber was all being used to make charcoal to fire the industrial revolution.

Horatio Nelson's scathing, 11-page, handwritten report about the timber situation in the forest is held at the Nelson Museum in Monmouth.

The imposing property now for sale, 1 Beaufort Square, is bordered on one side by a medieval cobbled trader's alley, Hocker Hill Street, and on the other by Middle Street, which both lead down to the River Wye and a bridge across into England.

Debra Bisley, who is handling the sale for Paul Fosh Auctions, said: "The historic property would make a fantastic town house, maybe brilliant apartments or wonderful offices, subject to planning."

The substantial, four storey building with stucco rendered walls under a parapet roof has a forecourt and banking hall on the ground floor with further rooms, offices and stores over the four floors.

The online sale is on Thursday, September10, starting at 5pm. Bidding opens two days before. For more details, visit paulfoshauctions.com