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Black Lion Mill Street Pontrhydfendigaid Ceredigion Pontrhydfendigaid, Ceredigion

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Black Lion Mill Street Pontrhydfendigaid Ceredigion Pontrhydfendigaid, Ceredigion Black Lion Mill Street Pontrhydfendigaid Ceredigion Pontrhydfendigaid, Ceredigion. SY25 6BE SY25 6BE • Upper Teifi Valley Village Centre Inn • On the edge of the Cambrian Mountains • 7 en suite Letting Bedrooms • 3 character Trading Areas • 3 Bedroom Owners Accommodation • Gardens and Car Parking (set in over 0.5 acre) Freehold £275,000 Leasehold £ 15,000 87505 44227 RCM/JO 01981 250333 LOCATION Pontrhydfendigaid stands on the edge of the Cambrian Mountains 15 miles east of the Cardigan Bay coastline and the University Town of Aberystwyth. It stands at the junction of the B4340 and B4330 routes, with the smaller town of Tregaron and the well known tourist spot of Devils Bridge some five miles distant. The village stands on the River Teifi famed for its fishing, and near to Strata Florida Abbey. The Black Lion stands in the village just off the main thoroughfare, and is surrounded by residential properties. A centuries old cottage style public house standing in a plot of over 0.5 acre, having traditional bar and dining facilities as well as 7 en suite letting bedrooms and 3 bedroom owners suite. The pub is popular with visitors to this renowned beauty spot attracted by fishing on the River Teifi and the extremely popular hill-walking route “The Cambrian Way”. The property is briefly described as follows:- PROPERTY GROUND FLOOR MAIN BAR in two section with boarded floor, heavily beamed ceiling, exposed stone walls and feature inglenook fireplace having cast iron wood burner. Traditional rustic style seating throughout including benches, pews and loose chairs arrange for 24-28 customers/diners. Counter to the CENTRAL BAR SERVERY with pine tongue & groove panelled front. To the rear of the main bar are LADIES & GENTLEMENS TOILETS. FAMILY/CHILDRENS DINING ROOM with quarry tiled floor and seating for 16-18 customers. Childrens Play Area having feature mural walls and double door access onto the rear trade garden. The MAIN DINING ROOM carpeted, has traditional dining chairs and tables for about 16 to 18 diners. Two section CATERING KITCHEN having Altro non slip flooring throughout. The main catering area has a good selection of stainless steel catering effects and work surfaces, including galvanised extraction canopy. Main Preparation Room and Wash-up Area beyond which is a Freezer Room/Dry Store. Laundry Room and further store room. OWNERS ACCOMMODATION Door off the main hallway and staircase to KITCHEN with fitted units, large LOUNGE. 3 BEDROOMS (2 double, 1 single) and family BATHROOM. LETTING ACCOMMODATION 7 LETTING BEDROOMS (two in the main building accessed via separate staircase and entrance to the rear, five located in the coach house). Each letting bedroom is appointed to a high standard and has en suite facilities, a full bedroom suite, tea/coffee making facilities and TV. Main Building : Bedroom 1 (double), Bedroom 2 (twin) Coach House : Ground Floor:- Bedrooms 3 (double), 4 (twin with disabled access) and 5 (double). First Floor:- Bedroom 6 (family—double, three single beds and futon bed). Bedroom 7 (family—two double beds, bunk bed and bed-settee). EXTERIOR The Black Lion stands on a good sized plot of 0.53 of an acre, providing a large lawned BEER GARDEN, side seated area adjacent to the rear entrance to the bars and, as previously referred to, with access to the childrens dining room. Gravelled CAR PARK to the rear and side for up to 28 vehicles. THE BUSINESS The business has for the last six and a half years been operated by a third party Tenant and therefore no recent trading figures are available. Prospective purchasers will need to reach their own conclusions as to the potential trade and profitability which can be enjoyed at this outlet. TENURE & PRICE FREEHOLD £275,000 to include the fixtures and fittings. Alternatively:- LEASEHOLD £15,000 to include the fixtures and fittings. See Head of Lease on page four. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only. LICENCE SERVICES Under the terms of the Premises Licence this Mains electricity water and drainage business is permitted to retail alcohol between Bottled gas for cooking 11.00 am and 12.00 am Monday to Saturday and Oil fired central heating 12 Noon and 10.30 pm on Sundays. HEADS OF TERMS £15,000 to include the purchase of the new lease, goodwill and trade furniture, fixtures, Premium fittings and effects. Term 6 years. This is not a full repairing lease with the freeholder retaining responsibility for the structure Repairs of the building. The lessee will be responsible for internal maintenance, repair and decoration, as well as the decorative condition of the exterior of the property. Tie The agreement is to be free of any trade tie. £15,600 per annum, to be reviewed every third year of the term. Rent The rent to be paid monthly in advance. All saleable wet and dry stock in trade, returnable containers and bar glassware to be taken Stock in Trade over in addition by the purchaser at valuation on completion. The successful applicant will be required to lodge with the freeholders a security deposit Security Deposit equivalent to one quarter’s rent. Assignment This agreement will be fully assignable. Landlord & This agreement will be protected by Part II of the 1954 Landlord & Tenant Act. Tenant Act The tenant will be required to supply the last two years certified accounts and copies of VAT Accounts Returns at the time of the rent review or the time they serve notice to quit on the landlord. The freeholder will insure the buildings and this premium will be payable by the lessee, Insurance monthly, in the form of an insurance rent. BUSINESS MORTGAGES – 01834 849795 We can help with arranging funding for your purchase of this or any other business. INNPLAN INSURANCE – 01432 378696 Immediate and competitive cover for your property, business and contents UTILITY HELPLINE – 01432 378690 Some of our clients have saved as much as 46% off their gas and electricity bills with our impartial price comparisons EPC Reference: 0130 0832 5739 1309 2092 Tel: 01981 250 333 CONSUMER PROTECTION FOR UNFAIR TRADING REGULATIONS 2008 & BUSINESS PROTECTION FROM Email: [email protected] MISLEADING MARKETING REGULATIONS 2008 – These particulars are provided only as a general outline of the property and buyers should make their own enquiries to satisfy themselves as to the accuracy of the information given. Neither we nor any person in our employment has authority to make, give or imply any representation or warranty regarding this property. Room sizes and other measurements and capacities quoted are estimates for rough guidance only. Accurate measurements have not been taken. Sidney Phillips Limited, Shepherds Meadow, Eaton Bishop. Hereford, HR2 9UA Registered in England and Wales: No. 2362635 www.sidneyphillips.co.ukwww.sidneyphillips.co.uk .
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