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ONLINE AUCTION from 11th March-13th MARCH
A substantial property offering extensive trade areas, two bars and two function rooms as well as an external area.
The ground floor has recently been refurbished and briefly comprises of a main bar, games room, function room, catering kitchen and male and female toilets. The first floor is comprised of a large function room with raised stage area and dance floor. There is seating for approximately 500 people and licenced for 499.
To the rear of the property is a beer garden.
Location
Situated in the village of Trevethin on the edge of Pontypool. The Trevethin and Penygarn Sports Club is located in the very heart of the village adjacent to a parade of shops and a community car park.
The area is a popular and residential area standing elevated above the town, the village commanding superb views over the adjacent valley and the rugged hills beyond.
Planning Permission
Planning has been approved with conditions for - Change of use of working men's club to a mixed-use A1 and A3 to the ground floor and D2 above, along with external alterations.
Services
The property benefits from gas, water and electric (not tested).
To be sold with vacant possession
Advised Freehold - to be verified by solicitor
Auction fees: The sale of each lot is subject to a buyer’s premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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User | Amount | Date |
---|---|---|
Bidder 2 | £187,500 | 13/03/25 11:56:36 |
Bidder 1 | £185,000 | 13/03/25 10:33:30 |
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