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Market Street, Newtown, Powys, Mid Wales, SY16

£210,000

Business rates & charges may apply

Sidney Phillips Limited, The Midlands
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

  • Three bars
  • Five bedroom private accommodation
  • Excellent trade garden
  • Currently closed

Description

Three bars
Five bedroom private accommodation
Excellent trade garden
Currently closed

LOCATION
The busy market town of Newtown stands on the banks of the River Severn within the picturesque
Powys countryside some 8 miles from the England/Wales border. It stands astride the main A483 at
its junction with the A470, this route being seen as the gateway to the West Wales coastline from the
Midlands. Its train station is located on the Shrewsbury to Aberystwyth line which is served by
Transport for Wales. The town is approximately 13 miles from the nearby market town of Welshpool,
22 miles from the Victorian spa town of Llandrindod Wells and 32 miles from Shropshire's county
town of Shrewsbury. The renowned coastal resort of Aberyswyth is 44 miles distant.
The Pheasant Inn is a purpose built property built in 1939 and is a two storey building of brick
construction with mock Tudor upper elevations. It has a convenient to operate three section main
trading area with excellent ergonomics allowing for ease of operation. At first floor is a surprisingly
spacious 5 bedroom accommodation. The pub also has one of the best trade gardens within the town
having a large, terraced enclosed rear patio area with convenient access from the main trading areas.
It is briefly described as follows:

TRADE AREAS
ENTRANCE VESTIBULE with mosaic quarry tile floor providing access into open plan three section BAR
AREAS all arranged around a central BAR SERVERY which has counters to two rooms. The FRONT
BAR is well appointed with carpeted floor, some fixed seating but otherwise traditional loose chairs
and stools arranged for up to 28 customers. There is a fireplace with emulsion brick surround and
real effect gas fire installed. The counter from the central bar servery has panel frontage and mirror
display back fitting. This servery backs onto a small SNUG BAR which has boarded floor, fixed and
loose seating for 18 or so customers.
The third area is a GAMES ROOM which has part tongue and groove panelled walls and has a central
pool table as well as a darts throw but is currently unfurnished.
At ground floor are the KITCHEN AREAS which are three interconnecting rooms providing main
kitchen area with domestic style fitted units, large STOREROOM and two further rooms off.
On level BEER CELLAR with delivery access from the rear of the premises.

OWNERS ACCOMMODATION
- FOUR DOUBLE BEDROOMS
- ONE SINGLE BEDROOM/OFFICE
- Large DOMESTIC LOUNGE

EXTERNAL
A feature of the pub is the TRADE GARDEN which is enclosed and of a good size being patioed with a
raised decked area. It currently has timber constructed benches with a permanently constructed
central awning able to seat 40+ customers.

THE BUSINESS
The business has been hitherto let on a traditional Pub Company style lease and therefore no trading
accounts are available. Prospective purchasers will need to reach their own conclusion as to the
potential trade and profitability which can be enjoyed at this outlet.

Market Street, Newtown, Powys, Mid Wales, SY16

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Newtown Station0.2 miles
  • Caersws Station5.0 miles

About Sidney Phillips Limited, The Midlands

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.

Notes

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Disclaimer - Property reference 94098. 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 Sidney Phillips Limited, The Midlands. 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.

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