Lot 11 - The Former Pioneer Hotel, Maindee Road, Cwmfelinfach, Caerphilly Cbc, NP11 7HQ

  • Unconditional Online Auction Sale
  • Guide Price* : £115,000+
  • Bedrooms: 0

FORMER HOTEL/PUBLIC HOUSE (COMING SOON)

Description

A Grade II listed building located in the area of Cwmfelinfach near Newport, with great potential for re-development (subject to the necessary consents). The building was formerly in use as a public house/hotel and traded for many years. It is located on Maindee Road, which is the main commercial street for Cwmfelinfach. It is situated amongst residential housing, shops, school and other businesses.

There is an area of land to the side of the building which would be suitable for parking. The building requires extensive renovations currently but does benefit for some recent remedial works.

Viewings are available. Please contact us for more information.

Accommodation

Ground Floor - Open plan area (former pub)
First Floor - 2 x large function rooms, kitchen and room
Second Floor - Landing, 12 rooms
Lower Ground Floor - 4 rooms

Tenancy Details

To be sold with vacant possession

Tenure

Advised Freehold - to be verified

Auction Fees And Additional Costs

Please note: A Buyers Premium will be applicable to all lots sold at auction, this is charged at 1.2% inc. VAT of the final sale price (subject to a minimum of £995 inc. VAT).

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. 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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Agreement Documents

Additional Documents

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