LION HOTEL & RESTAURANT BROAD STREET BLAENAVON TORFAEN FOR SALE BY PUBLIC AUCTION

The Lion Hotel is a substantial corner site which appears to be constructed in the main of stone and brick, with rendered colourwashed elevations under a pitched slate roof. It was completely renovated in 2007 and is in exceptional condition throughout offering; ground floor interconnecting lounge bar and dining rooms, lower ground floor health suite and catering kitchen, and twelve  quality en suite letting bedrooms at first and second floor.
These well-appointed premises offer an outstanding platform to operate as a pub, restaurant and hotel in this busy tourist destination.

Trade Areas
Ground floor
Main entrance leading into LOUNGE BAR seating 30. Beamed effect ceiling. Tiled floor. Feature open fireplace with solid fuel burner. Servery. 
DINING ROOM seating 50. Carpeted floor. Service counter. 
Lower Ground Floor
HEALTH SUITE consisting of sauna, steam room and heated loungers. CHANGING ROOMS. 
CATERING KITCHEN equipped to a very good standard throughout. 
CELLAR. 
First Floor
EIGHT EN SUITE LETTING BEDROOMS all appointed to a very good standard with en suite bathrooms
Second Floor
Four further EN SUITE LETTING BEDROOMS of the same quality. Bedroom 12 could be utilised as a flat as it offers a lounge, bathroom and bedroom.

External
To the rear of the property is a hardcore CAR PARK with space for ten vehicles, and outside seating for 40. (Please note that the car park does not belong to the public house and is rented from the Local Authority.)

VIRTUAL FREEHOLD    GUIDE PRICE £350,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

Inventory
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the Seller and in situ on completion.  Any branded or leased items and any items owned by third parties will be excluded. An inventory of fixtures and fittings will not be provided by the Seller.  If required, the Buyer may obtain an inventory (approved by the Seller) at their own cost.  The Seller will not be required to remove any such items that remain on the property on completion

Administration Fee
The purchaser will be required to pay Sindey Phillips Limited an administration fee of £2,000 plus VAT on completion.

Completion
Completion to take place within 28 days of the Auction.  Auction date to be confirmed, 

Viewing
Please telephone the Auctioneers on 01981 250333.