Lot 8 - Windsor Hotel, Windsor Place, Merthyr Vale, Merthyr Tydfil, Mid Glamorgan, CF48 4SB
- Unconditional Online Auction Sale
- Guide Price* : £950,000
- Bedrooms: 12
PLEASE NOTEIt is the responsibility of all purchasers to conduct their own investigation with regards to all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to the auction commencement. The legal pack can be downloaded through www.propertyauctionagent.com
Description
Property Auction Agent are delighted to take to online auction, this twelve-bedroom hotel situated in Merthyr Vale. The accommodation is set over four floors and features reception, bar and restaurant, guest toilets and four double bedrooms with ensuite to the ground floor, a selection of double rooms, king-size rooms with ensuite to the first floor and family room with ensuite and guest lounge to the third floor. The lower ground floor includes industrial kitchen (fitted in 2019) beer cellar and function room with bar. To the exterior there is a car park with parking for twelve vehicles, exterior seating area/beer garden, guest storage shed for bikes etc, and garage. In addition, the property includes ‘Windsor Cottage’ a two-bedroom apartment with kitchen and living room which caters to larger groups wishing to stay.
This working hotel is popular for guests wishing to stay to visit local attractions such as Bike Park Wales, Zip World Tower, Brecon Beacons, Aberfan, music and local events. It is ideally located less than a mile from Merthyr Vale train station and is at the heart of its community offering local events, private parties and functions, and regular dining for patrons.
This property is currently achieving rental income of £60,000 per annum.
FULL DESCRIPTION
FRONT ENTRANCE: Enter via front door into hotel reception; seating area located behind reception, guest toilets, disabled toilets and doors leading to downstairs, fire exit leading to beer garden, corridor to rooms, and door leading to;
BAR AND RESTAURANT: Fully equipped bar, dining for 30-40 diners, windows to front and rear.
GROUND FLOOR ACCOMODATION:
Understairs storage room
ROOM ONE – Currently used as an office, features ensuite shower room.
ROOM TWO – Double bedroom, with ensuite shower room, wardrobe, desk and tv.
ROOM THREE – Double bedroom, with ensuite shower room, wardrobe, desk and tv.
ROOM FOUR – Double bedroom, with ensuite shower room, wardrobe, desk and tv.
FIRST FLOOR ACCOMODATION:
ROOM FIVE – Double bedroom, with ensuite shower room, wardrobe, desk and tv.
ROOM SIX – King-size room with ensuite shower room, wardrobe, desk, tv and base units with stainless steel sink.
ROOM SEVEN – King-size room with ensuite shower room, wardrobe, desk, tv and base units with stainless steel sink.
ROOM EIGHT – King-size room with ensuite shower room, wardrobe, desk, tv and base units with stainless steel sink.
ROOM NINE – King-size room with ensuite shower room, wardrobe, desk, tv and base units with stainless steel sink.
ROOM TEN – King-size room with ensuite shower room, wardrobe, desk, tv and base units with stainless steel sink.
ROOM ELEVEN – King-size room with ensuite shower room, wardrobe, desk, tv and base units with stainless steel sink.
SECOND FLOOR ACCOMODATION:
ROOM TWELVE – Family room with double and single beds, kitchenette, ensuite shower room, desk, wardrobe and tv.
GUEST LOUNGE – Kitchenette, sofas, tv.
PLEASE NOTEIt is the responsibility of all purchasers to conduct their own investigation with regards to all aspects of the property and seek legal advice. The Legal Pack will be available on our website prior to the auction commencement. The legal pack can be downloaded through www.propertyauctionagent.com
PAYMENTSTo bid online you will be required to pay a holding fee this will only be retained should you be the successful bidder. To exchange contracts, you will be required to pay a 10% deposit and sign the contract within 24 hours and complete the transaction paying the balance of funds within 28 days, (this timescale may vary always read the contract in the Legal Pack for confirmation).
Due to the timescales involved, we strongly recommend ensuring your finances are in place prior to bidding.
*A buyer’s premium fee is payable should a property be sold pre-auction this fee is 0.5% subject to a minimum fee of £5,495.
Accommodation
A well presented hotel featuring 12 bedrooms, bar and restaurant, commercial kitchen and function room.
Location
Situated in Merthyr Vale at the base of the Aberfan valley, the hotel is less than a mile from Mertyr Vale train station and popular activites such as Bike Park Wales, Zip World Tower and the Brecon Beacons.
* 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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