No longer on the market
This property is no longer on the market
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Features and description
- Advised Freehold - to be verified by solicitor
FOR SALE BY AUCTION - -Lot 77 - Grade II Listed Tenanted Public House with Potential Residential Development
ONLINE AUCTION from 27th AUGUST-29th AUGUST
A grade II listed public house with a tenant occupying the ground floor, and potential for residential accommodation on the upper floors.
The ground floor is currently tenanted and is achieving a rental income of £25,000pa. There is a 15 year lease in place with 10 years remaining.
Works have started to convert the upper floors into four apartments, we have been advised that there are partitions in place and some of the drainage works have been completed. Planning consent for four apartments has been applied for recently and is therefore not yet showing on the planning portal.
Location
Occupying a prominent corner position on the intersection of Pwllgwaun Road and Vaughan Street, this property is ideally located approximately a 10 minute walk to Pontypridd town centre.
The property is well connected to local transport links with local bus stops directly outside, and Pontypridd train station approximately a 10 minute walk away, providing access to Swansea, Bristol, Cardiff and London. Additionally, junction 32 of the M4 is approximately a 12 minute drive.
The town of Pontypridd is well known for its student population and thriving town centre.
Planning Permission
The vendor has advised that they have just submitted a planning application for the conversion of the upper floors into x4 residential apartments. This application is not yet showing on the planning portal.
Services
TBC
Business Rates
We have been advised that this property has a rateable value of £11,000 and is listed as Public house and premises.
VAT
We have been advised that no VAT is due on the sale of this property.
AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorBar/Lounge2158.80200.56Room 1226.6821.06Kitchen130.1312.09Ladies WCNot measuredMale WCNot measuredLower Ground FloorBasementNot measuredFirst FloorRoom 1173.2916.1Room 2184.0617.1WCNot measuredRoom 344.564.14Room 4163.2815.17Room 5209.2519.44Kitchen155.3214.43Room 6167.7015.58Room 7158.2214.7Second FloorRoom 1 with Ensuite166.8415.5Room 2 with Ensuite117.1110.88Room 3 with Ensuite139.5012.96Room 4 with Ensuite207.2019.25Room 5 with Ensuite170.5015.84Room 6 with Ensuite169.5315.75Room 7 with Ensuite186.0017.28Room 8 with Ensuite208.2819.35
Tenure:
Advised Freehold - to be verified by solicitor
ONLINE AUCTION from 27th AUGUST-29th AUGUST
A grade II listed public house with a tenant occupying the ground floor, and potential for residential accommodation on the upper floors.
The ground floor is currently tenanted and is achieving a rental income of £25,000pa. There is a 15 year lease in place with 10 years remaining.
Works have started to convert the upper floors into four apartments, we have been advised that there are partitions in place and some of the drainage works have been completed. Planning consent for four apartments has been applied for recently and is therefore not yet showing on the planning portal.
Location
Occupying a prominent corner position on the intersection of Pwllgwaun Road and Vaughan Street, this property is ideally located approximately a 10 minute walk to Pontypridd town centre.
The property is well connected to local transport links with local bus stops directly outside, and Pontypridd train station approximately a 10 minute walk away, providing access to Swansea, Bristol, Cardiff and London. Additionally, junction 32 of the M4 is approximately a 12 minute drive.
The town of Pontypridd is well known for its student population and thriving town centre.
Planning Permission
The vendor has advised that they have just submitted a planning application for the conversion of the upper floors into x4 residential apartments. This application is not yet showing on the planning portal.
Services
TBC
Business Rates
We have been advised that this property has a rateable value of £11,000 and is listed as Public house and premises.
VAT
We have been advised that no VAT is due on the sale of this property.
AccommodationFloorDescriptionArea Sq FtArea Sq MGround FloorBar/Lounge2158.80200.56Room 1226.6821.06Kitchen130.1312.09Ladies WCNot measuredMale WCNot measuredLower Ground FloorBasementNot measuredFirst FloorRoom 1173.2916.1Room 2184.0617.1WCNot measuredRoom 344.564.14Room 4163.2815.17Room 5209.2519.44Kitchen155.3214.43Room 6167.7015.58Room 7158.2214.7Second FloorRoom 1 with Ensuite166.8415.5Room 2 with Ensuite117.1110.88Room 3 with Ensuite139.5012.96Room 4 with Ensuite207.2019.25Room 5 with Ensuite170.5015.84Room 6 with Ensuite169.5315.75Room 7 with Ensuite186.0017.28Room 8 with Ensuite208.2819.35
Tenure:
Advised Freehold - to be verified by solicitor
Area statistics
Crime score
Low crime
3/10
About this agent
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.