10 bedroom pub for sale

LD3

£375,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

There are some businesses that always catch the eye as you drive past, and the Castle Coaching Inn is one of those, a handsome Georgian building of considerable charm. It is a very good all-round small hotel business with a characterful bar with a lovely fireplace is married with superb dining room and 10 good letting bedrooms. There is also a two-bedroom accommodation for owners and all this in a lovely and accessible location.

The A40 is the main East West Road in the region and runs across the top of the hugely popular, and much visited, Brecon Beacons National Park taking traffic from the M5 and M50 all the way across to West Wales. It makes the wonderful countryside that provides such superb walking, fishing and sightseeing easy to reach for a huge catchment. Castle Coaching Inn is a wonderful base for visitors and a great facility for locals to enjoy year round.

Our clients are in their 14th year of ownership. The combination of some ill-health and the desire for a quieter life has seen revenue drop back from the levels that this great property is capable of and it is now waiting for the next owners to take it onward and drive it forward.

THE PROPERTY

Believed to date back to the mid-1700s the grade II listed property has the classic graceful proportions so admired in Georgian buildings. Accommodation is arranged on ground first and second floor and there are cellars.

PUBLIC AREAS

Residents lounge seating 10-12 and with steps down into the wonderful public bar. The Bar has a quarry tiled floor and the room has considerable character with a central bar servery, huge fireplace and a very attractive multi-pane Georgian window. The bar has access to the restaurant which has beamed ceiling and boarded floor and is currently laid out to accommodate around 30 diners.

LETTING BEDROOMS

10 letting bedrooms (two family, seven double and one twin) all en suite and equipped with television and tea and coffee making facilities.

OWNERS' ACCOMMODATION

Suite comprising two double bedrooms and bathroom.

SERVICE AREAS

Commercial kitchen, freezer room and at basement level a cellar and dry store. Office at first floor level. Timber general store.

OUTSIDE

Terraced beer garden to the front and side. In total there is external seating for around 60 shaded via a beautiful tree. Car park for around 16.

SERVICES

Mains water, electricity and drainage. Gas-fired central heating.

LICENCE

Premises Licence

WEBSITE

www.castle-coahcing-inn.co.uk/

TRADE

Accounts for the year ending 17 February 2015 show net sales of 127,696, of which almost 50,000 came from the rooms.

As recently as 2010 net sales 178,469.

PRICE

375,000 is sought for the freehold property complete with goodwill and trade contents, but excluding personal items. Stock at valuation.

FINANCE

Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender of broker involved.

TO VIEW

All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights

DIRECTIONS

Llandovery 10 miles, Brecon 12, Abergavenny 32, Swansea 34, Cardiff 46, Bristol 81 and Birmingham 100.

Follow the A40 from either east or west and the Castle is prominently situated on the south side of the road in the centre of the Trecastle.

Nearest station

  • Llandovery (7.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Bristol

Ground floor, 10 Templeback, Bristol BS1 6FL

0117 407 2383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Llandovery (7.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Bristol

Ground floor, 10 Templeback, Bristol BS1 6FL

0117 407 2383 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 218329. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Colliers International (Hotels), Bristol. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.