Back to listings Save

South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment

Undisclosed, Blaenau Gwent
1 of 1
South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment Photo 1
South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment Photo 2
South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment Photo 3
South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment Photo 4
South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment Photo 5
Enlarge
South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartmentSouth Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartmentSouth Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartmentSouth Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartmentSouth Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment
  • Freehold: £469,000
  • Turnover: Not Applicable
  • Net Profit: N/A

Business Details

  • Popular Free House with 4 Bar areas
  • 4 Good sized letting rooms
  • located in sought after Welsh village
  • Well-presented throughout
  • Separate Function Room with Lounge area
  • Healthy turnover and profits with scope to improve
  • Excellent local reputation
  • Self-contained apartment
  • Good size customer car park
  • Valuable inventory of quality fixtures & fittings
  • Genuine retirement sale
  •  Premises are suitable for all types of cuisine

Falcon Commercial is delighted to offer for sale this well-presented Public House which occupies a prime trading position in the centre of this sought-after Welsh Village. It dates back to 1898 and has been under the proud ownership of our clients since 2007 during which time they have made considerable improvements and refurbishments to the premises. It is now reluctantly being placed on the market as the owners wish to retire.

During our client’s stewardship the business has built up an excellent reputation for its welcoming atmosphere, good food and great service.

This long standing and turnkey opportunity is mainly operated as a Public House with letting rooms that also offers a traditional Pub Fayre menu which is cooked to order.  Our clients thriving Public House prides itself as being the heart of the local community offering regular live music nights. The generous first floor function room and lounge are extremely popular.  

The business is run by our clients with help from casual staff and generates a turnover in the region of £250,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover by possibly extending the food offering to include breakfasts.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended

The Premises

Substantial and well-maintained freehold building, benefiting from being in a highly visible position in the centre of a sought-after village in South Wales.

The premises have been well maintained and are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation.

The premises briefly comprise:

Ground Floor

  • Main Bar with approximately 60 covers. Bar servery with several points of dispense
  • Sports Bar with approximately 40 covers. Second Bar servery with several points of dispense
  • Ladies Darts Lounge which has approximately 30 covers
  • Snug Bar which can accommodate around 30 people
  • Ladies Toilets
  • Gents Toilets

Ground Floor private owners’ accommodation

  • Lounge
  • Kitchen
  • Double bedroom
  • Bathroom

First Floor

  • Function room that can easily accommodate 140 people
  • First Floor Lounge with approximately 45 covers. Bar servery with several points of dispense
  • Toilets
  • Commercial catering kitchen with extraction that contains an array of well-maintained catering equipment.
  • Dessert Preparation room
  • Storeroom
  • Bathroom
  • Double bedroom
  • Double Bedroom
  • Double bedroom
  • Double bedroom with en-suite facilities

External

  • Garage with ample space for 2 family sized cars
  • Beer Garden
  • Smoking Shelter

Business Details

Opening Hours

  • Monday 4.00pm – Midnight
  • Tuesday 4.00pm – Midnight
  • Wednesday 4.00pm – Midnight
  • Thursday 4.00pm – Midnight
  • Friday 4.00pm – Midnight
  • Saturday Mid day – Midnight
  • Sunday Mid day – Midnight

Turnover

  • £250,000 Per year

Business Rates

Business rates payable: Nil

Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk

Stock

The business stock value is: £20,000

Staff

The business is run by the proprietor with help from a dedicated team of full and part time staff who work on an agreed rota basis.

EPC

Commercial Energy Performance rating: C

Tenure

  • Freehold

Legal Costs

Each party to bear their own legal costs incurred in the transaction.

Accounts

Accounts will be provided to genuine purchasers after a formal viewing

Planning

For further information or advice, you are advised to make your own enquiries with the relevant local planning office

Viewing

Strictly by appointment with the vendor's agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081

Agents Note

Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thankyou

Read more

Key Features

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'South Wales Free House with 4 Bar areas, 4 Good sized letting rooms and Owners apartment - 1356 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.