Community pub and restaurant for sale in Tredegar

This property is marketed by:
Sidney Phillips

Key features

• South Wales Heads of the Valley
• Edge of town substantial community pub & restaurant
• Two bar public house let on annual tenancy
• Restaurant and catering kitchen
• Seven bedroom private owners accommodation
• Outline PP for creation of 3 one bed flats with retention of public house

Location

The town of Rhymney is located just off the A465 Heads of the Valleys trunk route which links the Midlands and the Border Counties with West Wales via Swansea and the M4. Rhymney has a population of 9,000. The Puddlers Arms is located in a residential area on the southern side of the town adjacent to the village of Pontlottyn and adjacent to the Capital Valley Enterprise Park. 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.