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Merlin Hotel, Pwllgwaun Road, Pontypridd, CF37 1HH

Guide Price
£175,000

Business rates & charges may apply

Paul Fosh Commercial, South Wales
SIZE

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SECTOR

Pub for sale

Key features

  • Trading public house
  • Prominent corner position
  • Close to local amenities
  • Close to Pontypridd town centre

Description

FOR SALE BY ONLINE AUCTION - Lot 77 - Grade II Listed Tenanted Public House with Potential Residential Development
ONLINE AUCTION from 27th AUGUST-29th AUGUST

A grade II listed public house with a tenant occupying the ground floor, and potential for residential accommodation on the upper floors.

The ground floor is currently tenanted and is achieving a rental income of £25,000pa. There is a 15 year lease in place with 10 years remaining.

Works have started to convert the upper floors into four apartments, we have been advised that there are partitions in place and some of the drainage works have been completed. Planning consent for four apartments has been applied for recently and is therefore not yet showing on the planning portal.

Location
Occupying a prominent corner position on the intersection of Pwllgwaun Road and Vaughan Street, this property is ideally located approximately a 10 minute walk to Pontypridd town centre.

The property is well connected to local transport links with local bus stops directly outside, and Pontypridd train station approximately a 10 minute walk away, providing access to Swansea, Bristol, Cardiff and London. Additionally, junction 32 of the M4 is approximately a 12 minute drive.

The town of Pontypridd is well known for its student population and thriving town centre.

Planning Permission
The vendor has advised that they have just submitted a planning application for the conversion of the upper floors into x4 residential apartments. This application is not yet showing on the planning portal.

Services
TBC

Business Rates
We have been advised that this property has a rateable value of £11,000 and is listed as Public house and premises.

VAT
We have been advised that no VAT is due on the sale of this property.

Accommodation
FloorDescriptionArea Sq FtArea Sq M
Ground FloorBar/Lounge2158.80200.56
Room 1226.6821.06
Kitchen130.1312.09
Ladies WCNot measuredNot measured
Male WCNot measuredNot measured
Lower Ground FloorBasementNot measuredNot measured
First FloorRoom 1173.2916.1
Room 2184.0617.1
WCNot measuredNot measured
Room 344.564.14
Room 4163.2815.17
Room 5209.2519.44
Kitchen155.3214.43
Room 6167.7015.58
Room 7158.2214.7
Second FloorRoom 1 with Ensuite166.8415.5
Room 2 with Ensuite117.1110.88
Room 3 with Ensuite139.5012.96
Room 4 with Ensuite207.2019.25
Room 5 with Ensuite170.5015.84
Room 6 with Ensuite169.5315.75
Room 7 with Ensuite186.0017.28
Room 8 with Ensuite208.2819.35



Tenure:
Advised Freehold - to be verified by solicitor

Brochures

Merlin Hotel, Pwllgwaun Road, Pontypridd, CF37 1HH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pontypridd Station0.4 miles
  • Trefforest Station1.3 miles
  • Trehafod Station1.5 miles

Notes

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Disclaimer - Property reference 257351. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Commercial, South Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Paul Fosh Commercial, South Wales on 01633 603812.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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