This property is no longer on the market
Pub
Property description & features
- Tenure: Freehold
- 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
Places of interest
See more properties like this:
*DISCLAIMER
Property reference 257351. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Paul Fosh Auctions - Newport.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.