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Brecon Powys Pub & Restaurant for Sale with Owner's Suite near Brecon Beacons National Park

Brecon, Powys
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POWYS - SUBSTANTIAL PUB & RESTAURANT Photo 1
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POWYS - SUBSTANTIAL PUB & RESTAURANTPOWYS - SUBSTANTIAL PUB & RESTAURANTPOWYS - SUBSTANTIAL PUB & RESTAURANTPOWYS - SUBSTANTIAL PUB & RESTAURANT
  • Status

    FOR SALE

  • Date Submitted:

    23/05/23

  • Advert ID

    513625

  • Reference

    93429 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £550,000
  • Turnover: N/A
  • Net Profit: On request

Business Details

POWYS SUBSTANTIAL PUB & RESTAURANT

The village of Three Cocks stands in the Wye Valley on the A438 Hereford to Brecon Road some five miles west of Hay on Wye and 10 miles from Brecon.  It is a busy trunk route carrying much traffic from the Midlands to South West Wales and is also a popular tourist route for those visiting the coastline to the west as well as the many holiday parks in the surrounding area.

The village stands just outside the Brecon Beacons National Park and whilst does not suffer from the more restrictive planning laws it is able to benefit from the huge volume of tourists that the area attracts.  Not only are the Brecon Beacons synonymous with outside pursuits, the nearby village of Glasbury on Wye is also one of the principal canoeing centres for the River Wye.  The river is also one of the most popular angling waterways famed for its salmon, trout and barbel.  Nearby are a number of holiday parks as well as several pony trekking centres.  Hay on Wye is internationally renowned for its  Literary Festival as well as being the home of the largest number of second hand book shops anywhere in the World.

The Old Barn as one would expect from its name was created from former agricultural buildings in the early 1980’s and has a wealth of period charm and character throughout including exposed stone walls, open fireplaces and beamed ceilings.  It offers extensive and well appointed internal and external trading facilities as well as an outstanding owners suite.  It generates a high level of income and is briefly described as follows: 

TRADE AREAS 
The MAIN BAR AREA is arranged on split levels with the upper level being utilised predominately for dining.  As one would expect from the pubs name it is a converted barn and in the central bar area has feature high vaulted beamed ceiling with mezzanine seated area above.  This bar is arranged around a central bar servery which has panelled frontage, display back fitting and has feature exposed stone walls and raised fireplace again having exposed stone chimney breast with cast iron solid fuel burner installed.  There is traditional seating including pews and benches as well as loose dining chairs and bar seats currently arranged for approximately 36 customers.  Steps up to an area utilised as RESTAURANT/DINING ROOM which has quality dining chairs and tables currently arranged for 32 diners.

The MAIN RESTAURANT is located to the rear of the trading areas, has its own separate external entrance from the car park, has a conservatory feel due to extensive glazing on two sides but has feature beamed ceiling as well as part tongue and grooved panelled walls.  There are dining chairs and tables currently arranged for 46 customers and a feature of the room is the Scandinavian style central podium fireplace with slate hearth and cast iron solid fuel burner installed with galvanised flue running to the ceiling.

MEZZANINE BAR LEVEL
As previously referred and with access from the central bar area via a staircase is the mezzanine bar area which has gallied outlook over the main bar and a continuation of the beamed ceiling.  This area is carpeted and has assorted lounge seating for up to 24 customers and is utilised as a “chill out” area and partially as a residents lounge.  There is a set of LADIES, GENTLEMEN’S and DISABLED CUSTOMER TOILETS.


CATERING KITCHEN conveniently located centrally amidst the trading areas. It is a very large room, comprehensively equipped with full selection of stainless steel catering effects and work surfaces.  Altro non slip flooring, galvanised extraction canopy, preparation area.  FREEZER ROOM and walk-in COLDROOM.

To the rear is a service compound partially covered also providing facilities for bin storage etc.  


OWNERS ACCOMMODATION 
AT first floor and arranged as follows:  BEDROOM 1, double.  Shower Room with suite of wash hand basin, WC and shower.  BEDROOM 2, double with EN SUITE SHOWER ROOM. BEDROOM 3 of single size (currently used as an office)  BEDROOM 4, double. BEDROOM 5, double.  Large living space comprising LOUNGE, KITCHEN/DINER with boarded floor throughout, modern fitted kitchen units.  Large lounge area and sufficient space for full size dining table.  There is patio door access onto domestic gardens. Due to the geography of the site it is at ground level to this first floor.


EXTERNAL 
The grounds are a feature of the business with it being an extremely large plot.  Adjacent to the enclosed decked garden area are feature Lloyd Loom style high back chairs to circular pedestal tables currently arranged for a total of 20 customers.  The property as previously stated is boarded by the River Llynfi. Along the banks of this is a mowed and maintained lawned area on which stands a number of ’A’ picnic bench seats providing seating for over 50 customers.  There is lined car parking for in excess of 30 vehicles.

Within the grounds of the property is a Six Berth Static Caravan which provides accommodation for staff members if necessary.

As previously referred to there is direct access from the living accommodation to a good size DOMESTIC GARDEN which is patioed and lawned and enclosed and very private and discreet from the rest of the trading areas. 

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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.

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