Lot 69 - Hanbury Arms, Clarence Street, Pontypool, NP4 6LG

  • Unconditional Online Auction Sale
  • Guide Price* : £100,000+
  • Bedrooms: 0

Commercial or Developmemt Opportunity

Description

ONLINE AUCTION from 8th JUNE-10th JUNE

A well known freehold building that traded as a public house until last year. This versatile property would be ideal for a number of other uses including conversion to residential or tourism-based venture amongst others uses (subject to necessary planning permissions). The property benefits from gas central heating (not tested) and has a beer garden to the rear.

The property occupies a prominent position close to the town centre and has public car parks close by. The town of Pontypool benefits from an excellent range of amenities and also has good road links to Cwmbran, Newport and the M4 motorway.

Accommodation

Floor Description Area Sq Ft Area Sq M
Ground Floor Bar Area 571.99 53.14
Lounge Area 485.02 45.06
Rear Function Room 494.81 45.97
Male & Female wc
Lower Ground Floor Cellar
First Floor Apartment Lounge 264.03 24.53
Kitchen 155.96 14.49
Bedroom 1 153.81 14.29
Bedroom 2 179.43 16.67
Bedroom 3 93.75 8.71
Bedroom 4 130.13 12.09
Shower Room
Bathroom

Tenancies

To be sold with vacant possession

Tenure

Advised Freehold - to be verified by solicitor

Auction Fees And Additional Costs

Auction fees: The sale of each lot is subject to a buyer’s premium of 1.2% of the purchase price (subject to a minimum of £975) 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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