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Description

FORMER VILLAGE PUBLIC HOUSE / HOTEL & INN (NOT TRADING), SUBSTANTIAL FREEHOLD PROPERTY, PLANNING PERMSSION FOR RESIDENTIAL DEVELOPMENT, ALL MAINS SERVICES ON SITE

DESCRIPTION LOCATION; Barbara Rees is pleased to offer this former village Public House / Hotel and Inn (not trading), which is for sale on an outright freehold basis with the benefit of residential planning permission for six new town houses.

The property itself, is a substantial four storey building occupying a prominent corner location at the road junction of Thomas Terrace, Jubilee Road and Margaret Street in the village of Aberaman.

The village of Aberaman is a densely populated residential area comprising a mix of terraced houses, semi's and detached dwellings.

Within the village, are local shops and businesses and the main town of Aberdare has a larger shopping centre, bus terminus and tran station.

Aberaman lies just off the B4275 approximately two miles to the South East of Aberdare and circa eight miles from the A465 Heads of the Valleys trunk road (with links to the Brecon beacons National Park). Pontypridd & Cardiff are 30 and 50 minutes drive, via the A470.

We are advised that the justice's alcohol licence was surrendered in 2007 and subject to the usual fire and safety checks, along with some refurbishment works to the property, it could be possible to re-commence licensed trade from the premises, alternatively, there is an opportunity to benefit from residential development via the currently approved planning permission for six new town houses.

VIEWING & DIRECTIONS; Please contact our Tonypandy office to arrange an accompanied viewing and obtain local directions.

GROSS FRONTAGE; 45m ( 147.5 ft)

RETURN FRONTAGE;- 17m ( 55.75 ft)

GROUND FLOOR; Central lobby, Bar, lounge, games room, male / female wc's.

LOWER GROUND FLOOR; Several rooms comprising a cold cellar, stores and boiler room.

FIRST FLOOR; Function room / bar lounge combined, proprietor's living accommodation.

SECOND FLOOR / LOFT ROOMS; Several rooms suitable for storage / use as bedrooms.

EXTERIOR; Enclosed upper and lower level garden / amenity area / vehicular delivery access.

NATIONAL NON DOMESTIC RATES; RV

USER; A3 Licences premises / hot food etc. Alternatively, residential use in accordance with the planning permission below.

PLANNING; RCT detailed planning consent no 07/1268/10 was approved on 20.02.2008 for the construction of six new town houses. An outline of the site and proposed residential development layout is shown below and full copy working drawings are available for inspection at our Tonypandy office, alternatively these can be dispatched to prospective buyers upon payment of small administration / copying / postage charge of 10.00 GBP

GUIDE PRICE; 175,000 GBP

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 in need of refurbishment and is to be sold as seen and viewed with no guarantees or warranties. The sale may be subject to Vat and where this is applicable, the price quoted, is exclusive of vat. The local authority and tourism board for Wales are actively encouraging the promotion of tourism and there may be grant aid available for the provision of hotel / guest room accommodation should a licensed use in conjunction with restaurant / bed and breakfast activity be considered.

BUSINESS MORTGAGE / DEVELOPMENT FINANCE; ; 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).