Pub for sale

Ruperra Arms, Ruperra Street, New Tredegar, Wales, NP24 6AG

£139,000

Property Description

Commercial information

  • Business for sale

Key features

  • Substantial freehold property
  • Traditional local wet led pub
  • Large open plan bar area with 90+ covers
  • Extensive 7 bed owners accommodation
  • Large secure trade garden
  • Potential for redevelopment STPP. Energy Rating E

Full description

Tenure: Freehold

Description

Originally built as a court house in 1870, the Ruperra Arms is a very large public house steeped in history.

The property has been a focal point of community life firstly as a place of legal authority to adjudicate legal disputes between local parties, a hotel and then as a popular local public house.

The property benefits from a large rear trading area with attractive views of the woods ascending the mountain to the rear of the building. This area is suitable for expansion, a very large beer garden or car park or further development with the appropriate consents.

There is no onsite parking but plentiful street parking within the local area. The cellar is also extensive, offering massive storage capacity with additional storage in the vast attic space which is currently not utilised.

Location

New Tredegar stretches along the Rymney Valley and is a former mining town and community in Caerphilly County Borough, Wales, within the historic boundaries of Monmouthshire. The cities of Cardiff and Newport are within approximately 20 miles and easily accessible via the A470 and M4 motorway.

The area is well known for its great walks and outstanding views. The Ruperra nestles in the middle of the old mining town on the crossroads of Commercial and Ruperra Street.

Internal Details

The pillared main entrance with the original wooden court house doors leads into a large porch, which in turn leads into the main trading area. To the left is a large seated area and floor space to easily accommodate two pool tables and towards the back wall is a stage for live performances.

The two-sided main bar is directly in front and to the right is an extensive seating area with c.90 covers. Ancillary areas include male/female toilets, a disabled toilet, kitchen and cellar. Steel fire doors lead to the beer garden. To the rear of the large trading area is a door to the kitchen and a door to the cellar. Beyond this is the door to the stairs and the first floor.

Whilst in need of some refurbishment, the Ruperra Arms benefits from up to date electrical safety and compliance certification.

Fixtures & Fittings

All trade fixtures and fittings will be included in the sale with the exception of the current tenants personal items. Our clients will provide a trade inventory.

Tenure

The property is available on a freehold basis with vacant possession.

Owner's Accommodation

The first floor reveals a kitchen, bathroom and living room in addition to seven large bedrooms, representing great potential letting rooms.

The Opportunity

The pub is presently run under a tenancy and the current operator will be vacating the property at the beginning of January 2019 and the business will be available with vacant possession.

Currently a largely traditional wet-led pub, the food trade is growing and offers an opportunity for expansion. The current tenant has built up a consistent trade over the last six years and is very popular with local residents.

The pub is home to five local pool teams who play at the venue twice a week and local dart teams. The venue also offers a live band every other Sunday which is very popular with patrons.

This opportunity would be ideal for a local owner operator to continue growing the business or may be suitable for possible conversion into residential accommodation subject to planning permission.

Staff

The business is currently operated by the lessee with three part time staff.

Trading Information

Trading information provided by the current tenant shows a net turnover for the year ending March 2017 of c.£144,000 with a current passing rent of £14,000 per annum.

Business Rates

Rateable Value 1 April 2017: £6,700

Regulatory

Premises Licence


More information from this agent

Nearest stations

  • Tir-phil (0.1 mi)
  • Brithdir (1.1 mi)
  • Bargoed (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Cardiff

15th Floor, Brunel House 2 Fitzalan Road, Roath, Cardiff, CF24 0EB

029 2243 0324 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.

Floorplans


To view this property or request more details, contact:

Christie & Co , Cardiff

15th Floor, Brunel House 2 Fitzalan Road, Roath, Cardiff, CF24 0EB

029 2243 0324 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 stations

  • Tir-phil (0.1 mi)
  • Brithdir (1.1 mi)
  • Bargoed (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Cardiff

15th Floor, Brunel House 2 Fitzalan Road, Roath, Cardiff, CF24 0EB

029 2243 0324 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.

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