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Community Pub and Restaurant with Seven Bedrooms for Sale in Tredegar, South Wales

Tredegar, Blaenau Gwent
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SOUTH WALES - HEADS OF THE VALLEYSOUTH WALES - HEADS OF THE VALLEYSOUTH WALES - HEADS OF THE VALLEYSOUTH WALES - HEADS OF THE VALLEYSOUTH WALES - HEADS OF THE VALLEYSOUTH WALES - HEADS OF THE VALLEY
  • Status

    FOR SALE

  • Date Submitted:

    14/11/23

  • Advert ID

    602610

  • Reference

    93720 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £280,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Fully Fitted
  • Trade Gardens Available
  • Planning Consent Available

Business Details

SOUTH WALES HEADS OF THE VALLEY

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

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.

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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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The data showed regarding this advert 'SOUTH WALES HEADS OF THE VALLEY - 93720 / 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.