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£525,000

Llanhamlach, Brecon, LD3

  • 8 beds
Detached house

£525,000

  • 8 beds
Detached house
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Estimate monthly mortgage payment:

£2,397 per month

Minimum deposit amount:

£26,250
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BEING SOLD BY MODERN ONLINE AUCTION - STARTING BID £525,000

LOCATION, LOCATION, LOCATION...DEEDS-Property are pleased to present this wonderful opportunity to acquire a stunning freehold commercial property set in the stunning area of beauty namely the Brecon Beacons National Park overlooking Pen-y-Fan Mountain.

This established, family-run country Inn is a very popular venue providing traditional free house licensed bar facilities associated with an establishment of this kind. The Old Ford Inn is also renowned for its range of fine, cask-conditioned real ales and for its full and varied lunchtime and evening menus of classic home-cooked, locally sourced pub meals, snacks and traditional roast Sunday lunches.

RESTAURANT - The main restaurant sits 55 with an additional 22 seats in the dedicated guest breakfast room, which is also used for smaller private parties and functions.

ACCOMMODATION - There are currently 5 en-suite guest rooms with a potential of a further 2 en-suite guest rooms (which are currently being used for personal living accommodation). The private accommodation comprises of two lounges, kitchen and a master bedroom with en-suite.

The property also enjoys the benefit of gas central heating and double glazing throughout. In addition to the added safety and security benefits of full fire and intruder alarm systems.

The Old Ford Inn offers an exceptional standard of "TripAdvisor" highly rated bed & breakfast accommodation.

The current owners have been trading successfully over the last thirteen years, with the aid of a small, experienced and motivated team of two full-time staff and a pool of part-time assistants employed on an ad hoc basis when required.

Although this a well-established 5 bedroom bed and breakfast accommodation business there is scope to develop the property into a 7 bedroom en-suite accommodation and still retain private accommodation comprising of lounge, kitchen and bedroom with en-suite.

Next to the Inn, there is a separate self contained 2 bedroom stone cottage. Although this is not included within the sale of The Old Ford Inn, there is an agreement whereby anybody who works for or owns the Old Ford Inn is able to rent it (currently at £500pcm).

FINANCIAL INFORMATION To Be Clarified by Solictors and will be available in more detail within the legal pack information below is for guidance only/figures may change:

Current Annual Turnover: £295,000+
Gross Profit: To be advised
Net Profit: To be advised
Barrelage: To be advised
Wet/Dry Split: To be advised

MAIN OPERATING COSTS:

Business Rates: circa £15,094 pa (after relief)
Council Tax: circa £985 pa

*Please do not approach the owners directly as they are extremely busy maintaining a popular and well run establishment all appointments are to be done through DEEDS/Pattinsons.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£5,000
Mortgage and legal costs:
£999
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