8 bedroom detached house for sale
Key information
Features and description
- Tenure: Freehold
- Excellent investment opportunity in the heart of Carmarthenshire countryside
- Well established & renowned former Hotel & Restaurant in pretty riverside setting
- Currently comprising 6 self contained apartments with planning permission for conversion of a further two apartments
- Popular village location within walking distance of local amenities and bus stop
An exciting investment opportunity in the heart of the Cothi valley in an unspoilt Carmarthenshire countryside village setting, comprising 6 self-contained apartments with planning permission for conversion of further 2 apartments in former restaurant area.
Rooms
Overview
An exciting opportunity to acquire a well established and renowned former Hotel & Restaurant, currently comprising six self-contained apartments across the ground and first floors, two of which are currently run as successful holiday lets with the remaining four let on long term basis to working professionals. The former restaurant on the ground floor benefits from full planning consent to convert into two further self-contained apartments.
The property lies in the heart of the Carmarthenshire countryside in the picturesque Cothi Valley in the sought after village of Pontargothi, adjoining the Afon Cothi River and the A40 trunk road. Both Pontargothi and the nearby village of Nantgaredig, are home to a range of local conveniences to include public houses, a well-regarded Welsh medium primary school, doctors surgery, health club with swimming pool and gym and Y Polyn Michelin Guide country restaurant. The popular tourist attractions of National Trust Paxton's Tower, Caste...
Self-catering holiday Apartments
The holiday let apartments are located on the first floor of the property, known as Towy and Cothi, names after the local rivers. Each apartment has been recently renovated to a high standard with modern kitchens, shower rooms and fixtures and fittings. Both apartments are currently available to book via Booking.com and the Vendors own website known as Cothi Bridge Apartments. Gwili and Bran were former holiday apartments, although are now let on long term basis, both of which are also on the first floor.
The apartments have proved very popular with families, couples, weekenders and those staying in the area for work. Each apartment has been averaging circa £1,200 to £1,400 per calendar month in revenue over the last 12 months.
Cothi (2-bed Apartment)
Kitchen - Living Room 4.5m x 3.6m (14' 9" x 11' 10")
Bathroom: 3.1m x 1.3m (10' 2" x 4' 3")
Bedroom 1: 3m x 3m (9' 10" x 9' 10")
Bedroom 2: 4m x 2.9m (13' 1" x 9' 6")
Towy (2-bed Apartment)
Kitchen: 3.8m x 2m (12' 6" x 6' 7")
Living - Dining Room: 6.1m x 3.5m (20' 0" x 11' 6")
Bathroom: 3.5m x 1.8m (11' 6" x 5' 11")
Bedroom 1: 3.5m x 4.2m (11' 6" x 13' 9")
Bedroom 2: 4.5m x 2.9m (14' 9" x 9' 6")
Bran (long term let)
Open Plan Kitchen - Living Room: 5.40m x 6.00m (17' 9" x 19' 8")
Bathroom: 1.90m x 3.50m (6' 3" x 11' 6")
Bedroom: 3.60m x 3.50m (11' 10" x 11' 6")
Gwili (long term let)
Bedroom: 3.50m x 4.10m (11' 6" x 13' 5")
Living Room: 2.90m x 4.60m (9' 6" x 15' 1")
Kitchen: 2.70m x 4.60m (8' 10" x 15' 1")
Shower Room: 2.9m x 2m (9' 6" x 6' 7")
Long term Residential Lettings
All four apartments are let on individual Occupation Contracts and are let to working professionals varying from £500 to £725pcm.
Ground Floor Flat 1 (long term let)
Kitchen: 2.50m x 3.50m (8' 2" x 11' 6")
Living Room: 3.50m x 6.00m (11' 6" x 19' 8")
Bedroom: 4.50m x 3.50m (14' 9" x 11' 6")
Shower Room: 1.70m x 1.50m (5' 7" x 4' 11")
Ground Floor Flat 2 (long term let)
Open Plan Kitchen - Lounge: 4.60m x 7.00m (15' 1" x 23' 0")
En-suite: 3.60m x 1.20m (11' 10" x 3' 11")
Bedroom: 3.60m x 3.70m (11' 10" x 12' 2")
Former Restaurant & Bar
The former restaurant and bar benefits from full planning consent for conversion into two self-contained apartments, one 1-bedroom and one 2-bedroom, with open plan kitchen - living areas and shower rooms. The conversion works have commenced, allowing the new buyer an opportunity to complete the works and add their own stamp to the property.
Stores
Store 1: 4.70m x 3.50m (15' 5" x 11' 6")
Store 2: 4.70m x 2.10m (15' 5" x 6' 11")
Office / Sun Room: 4.70m x 3.00m (15' 5" x 9' 10")
Detached Double Garage
Grounds & Gardens
The property is approached directly off the A40 trunk road adjoining the stone bridge over the river Cothi, via a no through unclassified adopted single track lane with an opening immediately off into a large surface tarmacadam car park with ample informal parking areas and access to the double garage. The lane proceeds to the side between the property and the river, with a long lawned area running along the riverbank, with a number of seating areas, to sit back and relax along the riverside. The property benefits from a second access point to the rear off the lane, leading into a tarmacadam and gravel surface parking area along with a large lawned area and timber garden store, contained within a hedgerow boundary. Two of the ground floor flats also benefit from small courtyard gardens.
Tenure
We understand that the property is held on a Freehold basis.
Energy Performance Certificate
The Towy - EPC D (56)
The Gwilli - EPC D (58)
The Cothi - EPC E (44)
The Bran - EPC D (58)
The Flat 1 - EPC E (43)
The Flat 2 - EPC E (39)
Services
We understand the property benefits from mains electricity, mains drainage and water.
Council Tax Band
All apartments have a Carmarthenshire County Council Tax Band of A - approx. £1,365.35 for 2024-2025.
Occuation
The six apartments are all currently let, four of which are let to long-term tenants on individual Occupation Contracts, whilst the two self-catered holiday apartments are let on short term basis.
Wayleaves, Easements and Rights of Way
The property is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, and electricity supplies and any other rights and obligations, easements and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether referenced or not.
Plans, Areas & Schedules
A copy of the plan is attached for identification purposes only. The purchasers shall be deemed to have satisfied themselves as to the description of the property. Any error or misstatement shall not annul a sale or entitle any party to compensation in respect thereof.
What 3 Word / Post Code
///signs.sedated.aquatics / SA32 7NG