This is a secure bricks and mortar investment in the heart of a vibrant community of Talgarth, Wales. This building has been trading successfully for many years as a Ghurkha Restaurant and public house. The business is widely supported by the local community, MOD base and by visiting tourism, because of its unique location by the “Jewel of the black mountain”. The property has evolved and now offers 4 double en-suite letting rooms which are kept busy. The New Gurkha Inn also has a large carpark, garden area. The building is in an overall good decorative order inside and out. Also, the vendor benefits from a long lease on a fully insuring and repairing obligation. An ideal opportunity for someone to benefit from capital growth than very little from the bank! Even during the COVID pandemic, the business offered increased takeaway, which was hugely supported. Early viewings are highly recommended....
The area of Talgarth is known as the Jewel of the Black Mountain, which is a sought-after area within the UK for its excellent walks, climbing, fishing, history and breath-taking scenery. With excellent arterial roads linking all parts of the UK together with an excellent bus service to places like Cardiff and Abergavenny. Talgarth is a market town benefits from many fine buildings with its narrow streets and 19th Century architecture. The town also enjoys a vibrant, active community and draws upon trade from a wide Geographical area.
A substantial detached two-storey property with replaced windows throughout sits in a commanding location on the gateway into Talgarth.
To the side is parking for approx. 12/14 vehicles and unrestricted parking immediately on the road to the front.
The restaurant and bar are all on the ground floor and comprises in brief of the following; entrance porch, 2 comfortable bar areas, bespoke bar, 2 dining rooms, ladies and gents toilets, commercial kitchens with large outside stable type buildings for additional storage and refrigeration. From the dining room are double doors to an outside large garden seating area.
There are two staircases to the 1st floor, one for the guests to access their letting accommodation which comprises of 4 double en-suite bedrooms. To the other side of the building is owners flexible 4-bedroom accommodation. Should the owners not need as much accommodation, this additional letting space could easily be made available to the business.
To the side of the building is a large car park for 12/14 vehicles and to the rear is a bespoke garden with many table and chairs for their dining guests.
Also, separate to this garden is an outbuilding, for general storage and refrigeration.
Mains gas, electricity, water and drainage are all connected. No testing of these services has been undertaken by the agents Ware Commercial.
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk
Freehold, (With a rental income of £25,000)
All viewings and enquiries are to be made through the agents Ware Commercial.
TEL. 01803 328880 or 01392 462266 Email. firstname.lastname@example.org www.warecommercial.com