Licensed property specialists, Sidney Phillips has completed the sale of the Newbridge Hotel, a high volume public house in Newbridge, near Newport in Caerphilly.
The Newbridge Hotel is a proud pub standing in the centre of the town. It is an impressive Victorian building of excellent design, being built for the sole purpose to trade as a public house and hotel, which it does with distinct success. Since our client purchased the business in 2010 he has embarked upon an extensive refurbishment programme concentrating on the function area and letting rooms, all of which are finished to an excellent standard. It has re-established itself as the premier public house within the area, which is evident when inspecting the trading figures.
This extensive property boasts a lounge bar, games bar, function room, five en suite letting bedrooms, trade garden and one bedroom flat.
Sidney Phillips sold the freehold interest off an asking price of £299,950.