GWENT - EDGE OF NEWPORT VILLAGE CENTRE INN
Llanwern, Newport, Monmouthshire
Ref: 45498
£495,000
Freehold
1 / 7
Key Features
Location
The select and sought after village of Llanwern is located just off the A48 a mile or so east of the City of Newport and two miles from junction 24 (Celtic Manor) of the M4 motorway. Llanwern is one of the most popular and sought after residential locations anywhere in South Wales, and is an attractive fast expanding village with over 1,300 new homes being constructed.
At the very heart of the village is the subject premises, the Milton Hotel, which is ostensibly a Public House and Restaurant with letting bedrooms. It has an attractive three section bar, separate restaurant and 6 en suite letting bedrooms. It also benefits from an excellent terraced garden to the front and ample car parking. The Milton Hotel is for sale after 16 years in the same owners hands, and is briefly described as follows:-
At the very heart of the village is the subject premises, the Milton Hotel, which is ostensibly a Public House and Restaurant with letting bedrooms. It has an attractive three section bar, separate restaurant and 6 en suite letting bedrooms. It also benefits from an excellent terraced garden to the front and ample car parking. The Milton Hotel is for sale after 16 years in the same owners hands, and is briefly described as follows:-
Property
TRADE AREAS
Open plan BAR and LOUNGE in two principle sections, having seated bar area with vinyl upholstered fixed wall seating for approximately 24 customers. Fully equipped BAR SERVERY with tongue & grooved panelled front. Well appointed LOUNGE/DINING AREA, carpeted throughout, with seating for 28 customers. Access to small SNUG LOUNGE with seating for 16 with counter to the Bar Servery. Between the lounge bar and the main restaurant is a separate entrance hallway, off which are LADIES & GENTLEMENS TOILETS. On level BEER CELLAR with delivery access from the side of the premises. Spacious LAUNDRY ROOM with racking for storage.
Located in a stunning mid-century extension is the upper ground floor RESTAURANT with open galley style kitchen and food dispense area which can cater for 32+ diners. Access onto the trade garden via two double glazed doors. CATERING KITCHEN with open aspect to the restaurant, being well equipped with a full selection of stainless steel work surfaces and catering effects. Walk-in Dry Store off.
LETTING ACCOMMODATION
FIRST FLOOR
6 EN-SUITE LETTING BEDROOMS (4 double, 2 single). Each bedroom is fully equipped and well appointed.
ANNEXE
In a separate ANNEXE which had previously been utilised as retail premises (dog grooming/hairdressers) is an area being converted to owners accommodation, but which is currently incomplete.
EXTERNAL
The gardens are a feature of the property and, as previously referred to, have easy access from the trading areas. Terraced BEER PATIO providing external seating for over 60 with three access points from the trading areas. Service compound off which is a walk-in Cold Room. On the opposite side of the road are hardstanding CAR PARK facilities for 26+ vehicles.
Open plan BAR and LOUNGE in two principle sections, having seated bar area with vinyl upholstered fixed wall seating for approximately 24 customers. Fully equipped BAR SERVERY with tongue & grooved panelled front. Well appointed LOUNGE/DINING AREA, carpeted throughout, with seating for 28 customers. Access to small SNUG LOUNGE with seating for 16 with counter to the Bar Servery. Between the lounge bar and the main restaurant is a separate entrance hallway, off which are LADIES & GENTLEMENS TOILETS. On level BEER CELLAR with delivery access from the side of the premises. Spacious LAUNDRY ROOM with racking for storage.
Located in a stunning mid-century extension is the upper ground floor RESTAURANT with open galley style kitchen and food dispense area which can cater for 32+ diners. Access onto the trade garden via two double glazed doors. CATERING KITCHEN with open aspect to the restaurant, being well equipped with a full selection of stainless steel work surfaces and catering effects. Walk-in Dry Store off.
LETTING ACCOMMODATION
FIRST FLOOR
6 EN-SUITE LETTING BEDROOMS (4 double, 2 single). Each bedroom is fully equipped and well appointed.
ANNEXE
In a separate ANNEXE which had previously been utilised as retail premises (dog grooming/hairdressers) is an area being converted to owners accommodation, but which is currently incomplete.
EXTERNAL
The gardens are a feature of the property and, as previously referred to, have easy access from the trading areas. Terraced BEER PATIO providing external seating for over 60 with three access points from the trading areas. Service compound off which is a walk-in Cold Room. On the opposite side of the road are hardstanding CAR PARK facilities for 26+ vehicles.
The Business
Our clients have owned the business since September 2007, originally running the business themselves before in 2017, due to the demands of their other business interests, letting the property on lease to an individual.
Therefore, no recent trading figures are available, although the passing rent during the term of the lease has been £30,000.
Therefore, no recent trading figures are available, although the passing rent during the term of the lease has been £30,000.
Tenure
FREEHOLD £495,000 to include the inventory of trade furniture, fixtures, fittings and effects. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.
Licence
Under the terms of the Premises Licence the business is permitted to retail alcohol between the hours of 10.00 —23.00.
Services
All mains services are connected and the property has the benefit of gas fired central heating.
Local Authority: Powys County Council, Powys County Hall, Spa Road East, Llandrindod Wells, Powys, LD1 5LG
Telephone: 01597 827460
Rateable Value: £5,800
Local Authority: Powys County Council, Powys County Hall, Spa Road East, Llandrindod Wells, Powys, LD1 5LG
Telephone: 01597 827460
Rateable Value: £5,800
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Robin Mence
Wales
