Wednesday 13 February 2013

March Pub Auction

Next South Wales pub auction will be on Wednesday 6th March at 1430 at the Celtic Manor in Newport.
Full list and updates available from the Sidney Phillips website.
Fwrrwm Ishta, Machen, Guide Price £265,000
Definitely the best pub in the auction, the Fwrrwm Ishta's fortunes have been up and down over the years, only a few years ago this pub gained a well-deserved reputation for its food, helped by the large car park that made it a destination pub. Situated on the main road from Newport to Caerphilly, the 'Sitting Bench' as the name translates has suffered from under investment by owners Enterprise over the years, as the previous tenant blamed the state of the building as one of the reasons for leaving. There was a planning application made last year to convert the building into a school. The nearby Tradesmans Arms went to auction in December last year.
Rhoswenallt Inn, Abernant, Aberdare, GP £165,000
A detached valleys' pub situated far enough outside of Aberdare to be a decent pub. Described on the pub;s website as 'Aberdare's Premier Location', which is an obvious case of hyperbole if ever I have read one! This pub seems to have a lot going for it – trade garden/smoking solution and the nearby former railway track from Hirwaun to Cwmbach that has now been converted into a path for walkers.
General Picton, Nantyffyllon, Maesteg, £100,000
Spacious end-of-terrace locals pub with lounge bar, public bar, restaurant and skittle alley/function room. The only downside is that the smoking solution appears to be the street. Guide price in the December 2012 auction was £125,000.
The Bertram, Adamsdown, Cardiff, GP £30,000 leasehold
Situated on Broadway, a street that has seen the closure of the New Dock Tavern and the Locomotive in recent years, this former Ansells pub has a lot of potential, especially as it has a free of tie lease. Although it is a bit unusual to see a lease go to auction. Garden at rear provides a smoking solution.
Old Coach House, Fishguard, GP £225,000
Town centre High Street location with three section bar and separate dining/function room. Trade garden for a smoking solution, seems to have everything going for it.
Smiths Arms, Rhos, Pontardawe, GP £150,000
Two bars, car park and gardens with a smoking shelter to the side. Seems to be the only pub in the village but then there is a lot of competition in nearby Pontardawe.
Neville Arms, Abbeydore, Herefordshire, GP £250,000
A close run to the best pub in the auction and a pub that I have visited for 20 years, the Neville is situated in the Golden Valley, across the road from the historic abbey. The pub has seen various changes in management over the years, some good, others not so good. This place has a lot of potential in the right ownership with letting rooms and a potential caravan site. Set in its own grounds with a car park, the pub also features a 2 bars and a restaurant.
Lion Inn, Briton Ferry, GP £150,000
Substantial main road property with lounge, restaurant and five double bedrooms. Currently closed, being sold with development potential, subject to planning.
The Pegasus, Pontnewynydd, Pontypool, GP £145,000
Set back from the main road, this is described as 'a community-style village pub', with extensive trading accommodation. Patio and garden provide the smoking solution. A nearby pub, The Horseshoe is also closed at the moment. There is a JDW not too far away in Pontypool.
Goodrich Hotel, Caerphilly, GP £195,000
A large, distinctive edge of town centre pub with two large bars and a function room, large gardens and parking. There are plenty of pubs in the town and with the opening of JDW in 2011 its hardly surprising we are seeing pubs close and be sold.

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