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Old Market Street, Neath, South Glamorgan, Neath Port Talbot, SA11

£325,000

Business rates & charges may apply

Sidney Phillips Limited, Wales
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A4 Drinking Establishments and Sui Generis

A4, sui_generis_3

Key features

  • Recently refurbished Public House
  • Busy town centre location
  • Good open plan Trading Area
  • 4 en suite Letting Bedrooms
  • Owners Flat
  • Outside seating overlooking Churchyard

Description

Recently refurbished Public House
Busy town centre location
Good open plan Trading Area
4 en suite Letting Bedrooms
Owners Flat
Outside seating overlooking Churchyard

Standing in a prominent location at the centre of Neath. An attractive three-storey property with front and rear entrances, the rear overlooking the local Church, in one of the most attractive quadrants within Neath town centre. Under the tenure of the current owners, in 2022 the property underwent a complete refurbishment programme, and is appointed to a very good standard throughout. It will require very little investment/maintenance for some time. This is a "turn-key" operation which is ready to trade with minimal input.

LOCATION
The Town of Neath is located in the M4 corridor between the Brecon Beacons National Park and on the West Glamorgan Coastline. It stands beside the A465 Heads of the Valleys route close to Junction 43 of the M4. It is a highly populated area and in close proximity to several large towns and small villages which include Port Talbot 6 miles, Swansea 9 Miles, Llanelli 20 miles and Merthyr Tydfil 23 miles.

St Ives Inn is Grade II Listed and stands in a prominent location at the centre of Neath. An attractive three-storey property with front and rear entrances, the rear overlooking St Thomas Church, in one of the most attractive quadrants within Neath town centre.

Under the tenure of the current owners, in 2022 the property underwent a complete refurbishment programme, and is appointed to a very good standard throughout. It will require very little investment/maintenance for some time. This is a "turn-key" operation which is ready to trade with minimal input.

TRADE AREAS
GROUND FLOOR : Front entrance leading into large open plan TRADING AREA arranged around a CENTRAL SERVERY. Seating for approximately 66 customers, with ample room for more standing. Part stripped wood effect tiled and part carpeted floor. Part exposed stone walls and heavily beamed ceiling. LADIES, GENTLEMENS and DISABLED TOILETS.

FIRST FLOOR : CATERING KITCHEN with extraction canopy, non slip floor and a good selection of commercial catering equipment and effects, including a dumb waiter to ground floor servery.

BASEMENT : Drop from the front of the property leading to spacious open plan STILL ROOM with lockable store. SPIRITS STORE and enclosed KEG CELLAR.

OWNERS ACCOMMODATION
FIRST FLOOR : PRIVATE KITCHEN.
SECOND FLOOR : LOUNGE, 2 BEDROOMS (doubles) and SHOWER ROOM.

LETTING ACCOMMODATION
4 EN SUITE LETTING BEDROOMS (2 doubles, 1 triple, 1 twin).

EXTERNAL
Rear entrance to the property leading to pedestrian area (pavement licence for tables and chairs to accommodate 16 customers).

THE BUSINESS
The business is currently closed. Prior to closure the business traded as a town centre pub with a split of wet and dry sales. All prospective purchasers will need to make their own assessment as to the business' potential future viability.

Old Market Street, Neath, South Glamorgan, Neath Port Talbot, SA11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Neath Station0.2 miles
  • Skewen Station1.9 miles
  • Briton Ferry Station1.9 miles

About Sidney Phillips Limited, Wales

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

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