Lot 79 - Rhymney House Hotel Rhymney Bridge, Rhymney, Rhymney Bridge, Rhymney, Tredegar, NP22 5QG
Lot 79 - Rhymney House Hotel Rhymney Bridge, Rhymney, Rhymney Bridge, Rhymney, Tredegar, NP22 5QG
Guide Price* : £215,000+
- Unconditional Online Auction Sale
- 9 Bedrooms
- |
- 9 Bathrooms
Lot 79 - Substantial Grade II Listed Hotel with Residential Development Potential
Description
ONLINE AUCTION from 1st September-3rd September
A substantial and historic Grade II Listed property, dating from circa 1801 and currently operating as the Rhymney House Hotel. The property is conveniently situated close to the A465 Heads of the Valleys Road, providing good transport connections towards Merthyr Tydfil, Abergavenny and the wider South Wales region.
The property provides extensive accommodation including 9/10 en-suite bedrooms, dining room, lounge, main bar, snug/second bar, commercial kitchen, function room and substantial conservatory.
Externally, the property benefits from extensive parking, gardens, lawned areas and outdoor seating, providing considerable outside space.
The property offers an attractive opportunity to continue its existing hospitality use or explore its residential development potential. Subject to the necessary planning enquiries, consents and applications, there may be potential to convert the property back into a substantial residential dwelling or potentially create a scheme of self-contained apartments/flats.
Tenancies
Please refer to the legal pack.
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
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/land transaction tax (LTT). 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.
Bidding open
- Unconditional Online Auction Sale
- 9 Bedrooms
- |
- 9 Bathrooms
Lot 79 - Substantial Grade II Listed Hotel with Residential Development Potential
Viewing
Paul Fosh Auctions
Office Contact
James Hollingsworth
Documents
Legal Documents
Log in to view legal documentsAuction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.