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No longer on the market

This property is no longer on the market

EPC

Pub

Auction
Pub
4 beds
Added > 14 days

Features and description

  • Advised Freehold - to be verified by solicitor
  • To be sold with vacant possession
FOR SALE BY AUCTION - -Lot 14 - Commercial Investment
ONLINE AUCTION from 18th JUNE-20th JUNE

A sports and social club with pre-app advise for 15 apartments.

The property is comprised of a large open plan lounge with games room and bar to the ground floor and a function room with four bed owners accommodation to the top floor. There is also an outside courtyard with a capacity in excess of 250.

The business is currently trading but will be sold with vacant possession. Due to the diminishing number of licensed premises in the area the success of the pub has been good and is known as more of a traditional local public house rather than a sports and social club. It is supported by local customers as well as games teams, including darts, pool and skittles.

Location
The property is prominently located in the inner city of Cardiff in the suburb of Splott. It is located just one mile east of the city centre and one and half miles to the south of Cardiff Bay.

Occupying a prominent corner position, and Situated on Walker Road, one of the main thoroughfares leading to Cardiff city centre. This property would make an ideal investment premises.

This property has good transport links, within close proximity to the M4, Cardiff Central train station and local bus routes.

Planning Permission
There is pre-application planning for the property to be demolished and for 15 apartments to be built.

Business Rates
Current rateable value is £12,750. The property is classified as 'Club & premises'.

Services
The property benefits from gas, water and electric (not tested).

VAT
We have been advised that no VAT is applicable on this sale.

Tenure:
Advised Freehold - to be verified by solicitor

Tenancies:
To be sold with vacant possession
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About this agent

Paul Fosh Auctions - Newport
Paul Fosh Auctions - Newport
108 Lower Dock Street Newport, Gwent NP20 2AG
01633 371631
Full profileProperty listings
The company was established by Paul Fosh in 2001 following a long career in estate agency with companies situated across South Wales. Since 2001 the company has grown into the leading property auction house in Wales.
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