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Pontargothi, Carmarthen, SA32

Key features

  • Excellent investment opportunity in the heart of Carmarthenshire countryside
  • Well-established & renowned former Hotel & Restaurant in pretty riverside setting
  • Currently comprising 6 self-contained apartments with planning permission for conversion of a further two apartments
  • Popular village location within walking distance of local amenities and bus stop

Description

An exciting opportunity to acquire a well established and renowned former Hotel & Restaurant, currently comprising six self-contained apartments across the ground and first floors, two of which are currently run as successful holiday lets with the remaining four let on long term basis to working professionals. The former restaurant on the ground floor benefits from full planning consent to convert into two further self-contained apartments.

The property lies in the heart of the Carmarthenshire countryside in the picturesque Cothi Valley in the sought after village of Pontargothi, adjoining the Afon Cothi River and the A40 trunk road. Both Pontargothi and the nearby village of Nantgaredig, are home to a range of local conveniences to include public houses, a well-regarded Welsh medium primary school, doctors surgery, health club with swimming pool and gym and Y Polyn Michelin Guide country restaurant. The popular tourist attractions of National Trust Paxton's Tower, Castell Dryslwyn Castle and the National Botanic Gardens of Wales are also within a short driving distance away.

The county town of Carmarthen lies 9 miles to the west and is home to an extensive and comprehensive range of amenities and services to include high street national retailers and supermarkets, as well as a range of independent stores and eateries; and comprehensive education and healthcare provisions.

Self-catering holiday Apartments

The holiday let apartments are located on the first floor of the property, known as Towy and Cothi, names after the local rivers. Each apartment has been recently renovated to a high standard with modern kitchens, shower rooms and fixtures and fittings. Both apartments are currently available to book via Booking.com and the Vendors own website known as Cothi Bridge Apartments. Gwili and Bran were former holiday apartments, although are now let on long term basis, both of which are also on the first floor.

The apartments have proved very popular with families, couples, weekenders and those staying in the area for work. Each apartment has been averaging circa 1,200 to 1,400 per calendar month in revenue over the last 12 months.

Cothi (2-bed Apartment)

Kitchen - Living Room 4.5m x 3.6m (14' 9" x 11' 10")
Bathroom: 3.1m x 1.3m (10' 2" x 4' 3")
Bedroom 1: 3m x 3m (9' 10" x 9' 10")
Bedroom 2: 4m x 2.9m (13' 1" x 9' 6")

Towy (2-bed Apartment)

Kitchen: 3.8m x 2m (12' 6" x 6' 7")
Living - Dining Room: 6.1m x 3.5m (20' 0" x 11' 6")
Bathroom: 3.5m x 1.8m (11' 6" x 5' 11")
Bedroom 1: 3.5m x 4.2m (11' 6" x 13' 9")
Bedroom 2: 4.5m x 2.9m (14' 9" x 9' 6")

Bran (long term let)

Open Plan Kitchen - Living Room: 5.40m x 6.00m (17' 9" x 19' 8")
Bathroom: 1.90m x 3.50m (6' 3" x 11' 6")
Bedroom: 3.60m x 3.50m (11' 10" x 11' 6")

Gwili (long term let)

Bedroom: 3.50m x 4.10m (11' 6" x 13' 5")
Living Room: 2.90m x 4.60m (9' 6" x 15' 1")
Kitchen: 2.70m x 4.60m (8' 10" x 15' 1")
Shower Room: 2.9m x 2m (9' 6" x 6' 7")

Long term Residential Lettings

All four apartments are let on individual Occupation Contracts and are let to working professionals varying from 500 to 725pcm.

Ground Floor Flat 1 (long term let)

Kitchen: 2.50m x 3.50m (8' 2" x 11' 6")
Living Room: 3.50m x 6.00m (11' 6" x 19' 8")
Bedroom: 4.50m x 3.50m (14' 9" x 11' 6")
Shower Room: 1.70m x 1.50m (5' 7" x 4' 11")

Ground Floor Flat 2 (long term let)

Open Plan Kitchen - Lounge: 4.60m x 7.00m (15' 1" x 23' 0")
En-suite: 3.60m x 1.20m (11' 10" x 3' 11")
Bedroom: 3.60m x 3.70m (11' 10" x 12' 2")

Former Restaurant & Bar

The former restaurant and bar benefits from full planning consent for conversion into two self-contained apartments, one 1-bedroom and one 2-bedroom, with open plan kitchen - living areas and shower rooms. The conversion works have commenced, allowing the new buyer an opportunity to complete the works and add their own stamp to the property.

Stores

Store 1: 4.70m x 3.50m (15' 5" x 11' 6")
Store 2: 4.70m x 2.10m (15' 5" x 6' 11")
Office / Sun Room: 4.70m x 3.00m (15' 5" x 9' 10")

Detached Double Garage

Grounds & Gardens

The property is approached directly off the A40 trunk road adjoining the stone bridge over the river Cothi, via a no through unclassified adopted single track lane with an opening immediately off into a large surface tarmacadam car park with ample informal parking areas and access to the double garage. The lane proceeds to the side between the property and the river, with a long lawned area running along the riverbank, with a number of seating areas, to sit back and relax along the riverside. The property benefits from a second access point to the rear off the lane, leading into a tarmacadam and gravel surface parking area along with a large lawned area and timber garden store, contained within a hedgerow boundary. Two of the ground floor flats also benefit from small courtyard gardens.

Tenure

We understand that the property is held on a Freehold basis.

Energy Performance Certificate

The Towy - EPC D (56)
The Gwilli - EPC D (58)
The Cothi - EPC E (44)
The Bran - EPC D (58)
The Flat 1 - EPC E (43)
The Flat 2 - EPC E (39)

Services

We understand the property benefits from mains electricity, mains drainage and water.

Council Tax Band

All apartments have a Carmarthenshire County Council Tax Band of A - approx. 1,365.35 for 2024-2025.

Occuation

The six apartments are all currently let, four of which are let to long-term tenants on individual Occupation Contracts, whilst the two self-catered holiday apartments are let on short term basis.

Wayleaves, Easements and Rights of Way

The property is sold subject to and with the benefit of all rights, including rights of way, whether public or private, light, support, drainage, water, and electricity supplies and any other rights and obligations, easements and proposed wayleaves for masts, pylons, stays, cables, drains and water, gas and other pipes, whether referenced or not.

Plans, Areas & Schedules

A copy of the plan is attached for identification purposes only. The purchasers shall be deemed to have satisfied themselves as to the description of the property. Any error or misstatement shall not annul a sale or entitle any party to compensation in respect thereof.

Planning

All planning related enquiries to Carmarthenshire County Council Planning Department.
Planning Services, Civic Offices, Crescent Road, Llandeilo, Carmarthenshire SA19 6HW
Tel:

Local Authority

Carmarthenshire County Council, County Hall, Castle Hill, Carmarthen, SA31 1JP.
Tel:

What 3 Word / Post Code

///signs.sedated.aquatics / SA32 7NG

Viewing

Strictly by appointment with the agents Rees Richards & Partners.
Please contact Carmarthen Office for further information:
12 Spilman Street, Carmarthen SA31 1LQ
Tel: or email

Brochures

Brochure 1
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Pontargothi, Carmarthen, SA32

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About Rees Richards and Partners, Swansea

12 Spilman Street, Carmarthen, SA31 1LQ
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Welcome to Rees Richards and Partners, a bilingual specialist firm of Chartered Surveyors, Land & Estate Agents, founded in Swansea in 1845.

That matters: not just because of history, but because it proves that for 180 years we've stayed ahead of the times to help our clients and our own business to thrive.

We aren't just estate and land agents - that's just one of our specialisms.

Today, we're trusted multidisciplinary specialists who offer a wide range of land and property-related expertise. Our clients are of all shapes and sizes, from major corporates to private property landowners and occupiers. And we represent them daily, dealing with national utilities companies, banks and other lenders and related third party businesses, on their behalf.

One thing characterises all that we do: whether it's a straightforward property sale or the management of a complex estate; difficult negotiations with utilities organisations or help with property valuation matters. We make the complicated simple.

We are accredited by:

Royal Institution of Chartered Surveyors

Central Association of Agricultural Valuers

National Association of Estate Agents (Propertymark)

British Standards Institute

CHAS Accredited Contractor

The Property Ombudsman

Achilles UVDB

Rent Smart Wales

The Property Ombudsman

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Disclaimer - Property reference 28269970. 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 Rees Richards and Partners, Swansea. 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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