Pub/bar for sale in Plantation Terrace, Tredegar NP22
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Property description
Puddlers is a substantial property (almost 3,500 sq ft) providing three ground floor trading areas and seven bedroom owners accommodation at first floor. There are good enclosed external areas with convenient access from the trading area.
Outline planning permission was passed in 2021 for the creation of three one bedroomed flats, two at first floor, and one at ground floor. This will allow additional rental income for an owner, together with the retention of the public house, two bars and trade garden, as well as the ground floor domestic areas being converted into an owner’s suite of lounge/bedroom, shower room and kitchen.
The property has been partially renovated with the public house element, operating out of the lounge and public bars being let to a tenant on an annual basis. This is open and trading producing a rental income of £300 per week. The restaurant is in the process of renovation and the owner is currently deciding whether to operate himself or let. He has been provisionally offered £1000 per month for this section of the property.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Sidney Phillips, HR2 on +44 1981 286951 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Sidney Phillips, and do not constitute property particulars. Please contact Sidney Phillips for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.