PORTH - TOWN CENTRE RIVERSIDE BAR & RESTAURANT

Porth, Glamorgan

Ref: 45818

Guide Price £250,000 Freehold

Key Features

  • Riverside Bar & Restaurant
  • Busy town centre location
  • Substantial property
  • Open plan trading area and extensive flat
  • Trade and private riverside terrace
  • Currently closed
  • Location

    The Riverside Bar & Restaurant enjoy a riverside location within the town of Porth. It resides on Pontypridd Road being one of the main thoroughfares through the town and positioned next to the main bus stop, providing access throughout the valleys also within a 1 minute walk from the railway station which provides easy access to Cardiff. The subject premises is a substantial end of terrace property constructed in the main of stone and brick with pitched slate roof. It provides open plan trading area on ground floor, extensive flat and has the benefit of the private and trade riverside terraces overlooking the Rhondda River. The property itself is extensive and could lend itself to development for alternate use subject to planning permission being obtained.

    The property is currently closed and stripped of all furnishings. It has previously operated under lease for the current owners. They have now decided to relinquish the freehold interest.

    The town of Porth is located in the Rhondda Valley astride the main A4058 which provides easy access north to the Brecon Beacon National Park and A465 Heads of the Valley route. Five miles to the south are Pontypridd and the A470 which provide easy access to the M4 motorway and Cardiff.

    Property

    RIVERSIDE BAR (TITLE NO: WA244753)
    GROUND FLOOR
    Two front doors leading into two interconnecting TRADING AREAS of good size. Stripped wood effect flooring. KITCHEN with extractor hood, quarry tiled flooring. STOREROOM. LADIES AND GENTLEMENS TOILETS. Separate STORAGE/UTLITLY ROOM. On level CELLAR. Small WASHUP.

    OWNERS ACCOMMODATION
    FIRST FLOOR
    Private accommodation. BATH/SHOWER ROOM. KITCHEN with no units. BATHROOM. 4 BEDROOMS. LOUNGE.

    EXTERNAL
    At ground floor is the RIVERSIDE TERRACE seating 40. At first floor there is a small private roof terrace overlooking the river.

    The Business

    The Business has traded historically as a Bar & Restaurant. The current owners have never traded the premises. There is no accounting information available. All prospective purchasers must make their own assessments as to the business’s future viability.

    Tenure

    FREEHOLD £250,000 for the freehold property.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.


    Licence

    Currently not licensed.

    Services

    At the Riverside Bar all mains are connected.
    EPC Reference: 9955-4026-0721-0100-6225
    Local Authority: Rhondda Cynon Taf County Borough Council. Tel: 01443 425005

    AUCTION

    AUCTION CANCELLED
    For sale by Public Auction
    (unless sold by private treaty)
    To be held on the premises at:- Riverside Bar, 64-66 Pontypridd Road, Porth, Glamorgan, CF39 9PL
    CANCELLED Auction Thursday 3rd February 2022 at 14:00

    Enquire about this listing

    Ceiron Griffiths
    Wales