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Pub

Auction
Sold STC
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Pub
2 bedroom
0 bathroom

Key features

  • Tenure: Freehold
  • Advised Freehold - to be verified by solicitor
  • The property is currently let on a monthly rolling tenancy, achieving a monthly rental of £1,200

Property description

FOR SALE BY AUCTION - -Former Public House for Investment/Development
ONLINE AUCTION from 7th DECEMBER-9th DECEMBER

Located on the main thoroughfare leading to Merthyr Tydfil town centre, this property occupies a prominent corner position on the intersection of Brecon Road and Garth Street.

The property is currently tenanted on a monthly rolling tenancy, and is achieving £1,200 rental income per a month.

The property previously comprised of a cottage to the rear. The ground floor of the cottage has since been converted into a pool room for the bar, the top floor remains unused. There is potential that the property could be converted back into a cottage, and as the development is located in a mixed use area there may be an opportunity to convert the public house into residential accommodation (subject to necessary planning consents). Alternative uses may include a coffee shop, restaurant, or caf.

The property briefly comprises of a cellar, bar area with lounge and pool room, two bedroom living accommodation, and an unused space above the cottage.

Ground Floor: Bar, lounge, pool room, female wc, male wc
Lower Ground Floor:Cellar
First Floor: 2 bedrooms, bathroom

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
The property is currently let on a monthly rolling tenancy, achieving a monthly rental of £1,200
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