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Park Road, NP11

Leasehold
£45,000

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

A4

Key features

  • Gwent Valleys
  • Prominent town centre public house overlooking park
  • Well established traditional pub
  • Open plan lounge bar
  • Three separate trade gardens
  • Three bedrooms
  • Sales net of VAT approximately £250,000

Description

The Fox & Hounds enjoys a prominent location in Risca town centre, overlooking Tredegar Park and the busy high street. The property appears to be constructed of stone and brick, having an open plan lounge bar trading area with private accommodation above. It has the benefit of three outside trading areas to the front and sides which make it extremely popular when the weather permits. The Fox & Hounds trades as a traditional public house offering wet sales only to the local community, and offers huge scope for the introduction of food.

The town of Risca is located with the Gwent Valleys, just north of Newport and M4 motorway. The town grew substantially during the industrial revolution with the discovery of coal within the surrounding areas. Since the closure of the collierys, it has become a satellite town for those mainly gaining employment in the nearby cities of Newport and Cardiff. It enjoys excellent road communication links, being only ten minutes from the M4 motorway and has a direct train link to Cardiff city centre.



TRADE AREAS
Front entrance leading into LOUNGE BAR being a large, open plan room seating approximately 40 with ample room for more standing. The room also incorporates additional pool and darts areas. It is comfortably furnished with quarry tiled and stripped wood effect floor, part wood panel walls, and exposed stone chimneys. Large 'L' shaped wood panel fronted bar counter.

LADIES' and GENTLEMEN'S TOILETS.

Domestic style KITCHEN.

On level CELLAR with direct access from the servery.

PRIVATE ACCOMMODATION
Located on the first floor and comprising KITCHEN with fitted units, LOUNGE, THREE DOUBLE BEDROOMS (one currently used as an office), and Large FAMILY BATHROOM.

EXTERNAL
To the front is a draw-on CAR PARK for approximately seven vehicles, timber constructed smoking solution/seating area having roof covering and seating for 30. Additional seating for 12.

There are two side gardens: the first having timber fence surround, block paved flooring, and seating for 36. The second side garden is at raised level, having picket fence surround, hardstanding floor, and a covered seating area currently able to accommodate 30 via bench seating.

Rear garden used for private use. As the ground is even, it could be used as a further trade garden if required.

Park Road, NP11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Risca & Pontymister Station0.3 miles
  • Crosskeys Station1.4 miles
  • Rogerstone Station1.7 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.

Notes

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Disclaimer - Property reference 94845. 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, Wales. 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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