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Plantation Terrace, NP22

£250,000

Business rates & charges may apply

Sidney Phillips Limited, Wales
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments, D2 Assembly and Leisure and Sui Generis

A3, A4, D2, sui_generis_3

Key features

  • South Wales Heads of the Valley
  • Edge of town substantial community pub & restaurant
  • Two bar public house let on annual tenancy
  • Restaurant and catering kitchen
  • Seven bedroom private owners accommodation
  • Outline PP for creation of 3 one bed flats with retention of public house

Description

The town of Rhymney is located just off the A465 Heads of the Valleys trunk route which links the Midlands and the Border Counties with West Wales via Swansea and the M4. Rhymney has a population of 9,000. The Puddlers Arms is located in a residential area on the southern side of the town adjacent to the village of Pontlottyn and adjacent to the Capital Valley Enterprise Park.

Puddlers is a substantial property (almost 3,500 sq ft) providing three ground floor trading areas and seven bedroom owners accommodation at first floor. There are good enclosed external areas with convenient access from the trading area.

Outline planning permission was passed in 2021 for the creation of three one bedroomed flats, two at first floor, and one at ground floor. This will allow additional rental income for an owner, together with the retention of the public house, two bars and trade garden, as well as the ground floor domestic areas being converted into an owner's suite of lounge/bedroom, shower room and kitchen.

The property has been partially renovated with the public house element, operating out of the lounge and public bars being let to a tenant on an annual basis. This is open and trading producing a rental income of £300 per week. The restaurant is in the process of renovation and the owner is currently deciding whether to operate himself or let. He has been provisionally offered £1000 per month for this section of the property.

Plantation Terrace, NP22

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pontlottyn Station0.5 miles
  • Rhymney Station0.6 miles
  • Tir-phil Station2.7 miles

About Sidney Phillips Limited, Wales

Shepherds Meadow, Eaton Bishop, HR2 9UA

Sidney Phillips Limited, Wales

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehol

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Notes

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