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Public house for sale in Pontypridd

Pontypridd, Glamorgan, CF37 1DL | Ref: 91276
For sale
£180,000
sidney-phillips
This property is marketed by:
Sidney Phillips

Key Features

  • Well established traditional public house and function venue
  • Busy location just off town centre and close to train station
  • Substantial property having received recent investment
  • Open plan lounge bar. Large first floor function venue
  • Well established trade offer wet sales only
  • Freehold

Location

Pontypridd is well known as the Gateway to the Valleys, just 6 miles north of junction 32 of the M4 motorway at Cardiff. It stands beside the A470 dual carriageway trunk route which links the capital city with Merthyr Tydfil, and beyond North Wales. Pontypridd is well known as the home to the University of South Wales which has three campuses in Pontypridd. It is also home to a number of local authority buildings. 

The Victorian stands on the Graig, being a residential area just to the west of the main town centre within 500 metres of the railway station. It is a substantial property that appears to be constructed in the main of brick with colourwashed elevations. It also benefits from having a new roof in 2017.

Property

TRADE AREAS 

Front entrance vestibule leading into the MAIN BAR, being a large open plan room arranged around central HORSESHOE SHAPED SERVERY. The room is furnished with part carpeted floor and beam effect ceilings. Has a mixture of fixed wall bench seating with loose tables and chairs with capacity to seat 120 customers. The bar also includes a GAMES AREA having pool table, dartboard and large screen TV. LADIES AND GENTLEMEN’S TOILETS.

The CENTRAL SERVERY has access behind to WASH UP AND LAUNDRY, which was previously a small kitchenette and drop to cellar.

First floor FUNCTION ROOM of excellent size having stripped wood floor and part wood panelled walls. Capacity for 120 seated. STAGE. SERVERY. LADIES AND GENTLEMEN’S TOILETS. STORAGE/SMALL ARTISTES CHANGING ROOM next to stage.

BASEMENT.

KEG CELLAR, TWO STOREROOMS and a large former SKITTLE ALLEY, currently being used as a workshop.

The Business

The premises trades as a public house and function venue to the local population of Pontypridd. Pre-Covid it enjoyed the patronage of three darts and a pool team, along with a football club supporting 2 adults, 1 youth and 5 junior teams. It is also busy with live acts performing in the function room on Saturday evenings. The function room is also used for a large number of private parties but, our clients also know there is room for improvement here as they do not promote the use of the same.

Prior to Covid, our clients accounts are expected to show sales in the region of £190,000 per annum inclusive of VAT, working on a gross profit of 52%. The business previously traded noon until 10.00 pm Monday to Wednesday, noon until midnight, Thursday, noon until 01.00 am Friday and Saturday and noon until 11.00 pm Sunday.

Tenure

FREEHOLD £180,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. 

Viewing strictly by appointment only. 

Licence

A full premises licence is held.

Services

All mains services are connected.