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  • For Sale By Unconditional Online Auction
  • Guide Price* : £285,000
  • Auction Ended 14/06/2022

Y Llew Coch (the Red Lion) Pontrhydfendigaid Road, Tregaron, Dyfed, SY25 6HH

FOR SALE VIA NATIONAL ONLINE AUCTION. BIDDING OPENS ON MONDAY 13TH JUNE AT 1PM AND CLOSES TUESDAY 14TH JUNE FROM 1PM. REGISTER TO BID!

Description

Bidding opens Monday 13th June at 13:00 and closes Tuesday 14th June at 13:00.

Refurbished Public House for Investment/Owner Occupier

A fully refurbished substantial detached public house having a 6 bedroom B & B accommodation to the first floor and 2 x self-contained flats (1 x 1 bed & 1 x 2 bed) to the rear of the building. The 2 bedroom unit is currently let on an AST (Assured Shorthold Tenancy) at £300 p/c/m with the remainder of the accommodation being sold vacant. In our opinion, the unit is underlet, and any prospective purchaser could have the opportunity for betterment by way of increasing the current rent and letting of the other flat, along with of course letting of the remaining commercial/residential accommodation.
We are informed that all fixtures and fittings are included along with a fully functioning commercial kitchen and therefore is a turn key business/lifestyle or investment opportunity. The majority of the accommodation throughout the property has been comprehensively upgraded including electrics and plumbing in the bar areas, dining room, cellar and B & B accommodation. The property also boasts of an extensive beer garden, sheltered area and off road parking.
Tregaron is home to the 2022 National Eisteddfod and therefore a great immediate income expected this summer. The town is in the heart of the Teifi Valley, serving a large hinterland and a major centre for Tourism in the upper Teifi Valley region. The Town lies 11 miles North from the University Town of Lampeter at the gateway to the Cambrian Mountains, 17 miles South from the University Coastal Resort and Administrative Centre of Aberystwyth with National Rail Networks and Bronglais General Hospital.

Ground Floor Entrance hallway, bar, lounge, pool room, rear hallway, beer cellar, male w/c, female w/c, disabled w/c. breakfast room/meeting room, commercial kitchen.
First Floor Landing, 6 bedrooms all en-suite -1 King, 1 Twin and the remaining all double rooms, office.
Flat 1 (one bedroom) Living room, kitchen, bedroom, bathroom and currently vacant.
Flat 2 (two bedroom) Living room, kitchen, two bedrooms, bathroom and currently let at £300 p/c/m on an AST.
Outside External area to the front with benches along with an extensive beer garden to the rear over two tiers. A further area to the side of the property with shelter, off road parking.
Viewings Morgan & Davies(Lampeter) 01570 423623

Tenure: See Legal Pack

EPC Rating: C

Administration Charge

Administration Charge is a non-refundable £1,200 inc VAT payable on the fall of the virtual gavel.

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* Guide | £285,000
  • Unconditional (Immediate Exchange)

Call the team on 01633 212555 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.