The White Hart Hotel Torfaen (Obsolete) NP46

  • Sale Price £135,000
  • Hotels/Catering,Public House





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Type:
  • Public House


FREE OF TIE PUBLIC HOUSE, TOWN CENTRE LOCATION (NEAR TO SHOPS), BAR / LOUNGE / FUNCTION ROOM COMBINED, BEER GARDEN WITH HIGH STREET ACCESS, PROPRIETORS LIVING QUARTERS, OUTRIGHT FREEHOLD SALE OR NEW LEASE AVAILABLE DESCRIPTION LOCATION; Barbara Rees is pleased to offer this substantial "free of tie" town centre public house and inn located approximately 300 yards from the main town centre shopping area between Osborne and George Street, both of which provide vehicular and pedestrian access into the pedestrianised parts of the town centre.

The town centre is represented by a healthy mix of national PLC retailers, local business's and a Tesco superstore with the immediately surrounding streets being that of densely populated residential housing.

DIRECTIONS & VIEWING; Osborne and George Street are accessed directly off the A4043 via the roundabout to the North West of the Tesco store (heading towards Blaenavon).

Accompanied viewing is by prior appointment via our Tonypandy office.

GROSS FRONTAGE; 10.36m ( 34 ft) Front access off George Street, rear access via the beer garden and Osborne Street.

GROUND FLOOR; 109.90 sq mt ( 1,183 sq ft) comprising a bar / lounge / function room combined, side annex / kitchen.

REAR LOBBY; 16.62 sq mt (179 sq ft) Male / female wc's, exit to beer garden.

LOWER GROUND FLOOR; 36.97 sq mt (398 sq ft )Beer Cellar / cold room.

FIRST FLOOR; 99.21sq ft (1,068 sq ft) Proprietors living accommodation comprising of six rooms and a bathroom

EXTERIOR; Rear beer garden and delivery area.

NATIONAL NON DOMESTIC RATES; RV £ 8,200 (2005 rating list).

TRADING INFORMATION; The pub is not currently trading and we are verbally advised that it's previous business was mainly wet led sales, although there is scope for the introduction of food and entertainment.

USER; Believed to fall within use class A3 (1987 planning act use class orders - as amended). The property offers potential for alternative uses / licensed restaurant / wine bar or subject to planning, office / residential flats.

METHOD OF SALE; Freehold by private treaty, written offers required to be made to our Tonypandy office. Leasehold, new FRI lease available, term negotiable.

GUIDE PRICE; Reduced to £135,000 (outright freehold sale), leasehold, annual rent £10,000 & £nil ingoing premium.

GENERAL NOTES; Any information contained herein should be verified by prospective purchasers or their advisors prior to any formal commitment to purchase. The proceeds of crime act 2002 & anti money laundering rules 2007 require us to obtain both personal and residence identification from all purchasers where an offer has been made and accepted. Please arrange for the appropriate identification to be provided, when asked. The vendor has verbally informed us that the property is of freehold tenure and has the benefit of all mains services although this should be confirmed by the acting solicitors. The property is to be sold as seen and viewed with no guarantees or warranties and the prices quoted are exclusive of vat (where applicable).

BUSINESS / COMMERCIAL MORTGAGE; Our associated Independent Mortgage and Financial Advisor J Paul Rees, Cert. PFC., Cert. CII (MP) will be pleased to discuss and arrange the most suitable mortgage to meet the choice and requirements of prospective purchasers. Please contact our Tonypandy office or Mr Rees direct on 07970 849106 to arrange a convenient appointment. (Introductions to C.R.E. Financial Services).


Property reference: BRBE2376633