Sirhowy Arms Hotel
High Street
Argoed
Gwent
NP12
Gross Site Area: 32000 sq/ft*
£ 600,000
Freehold
An opportunity to purchase a high yielding investment in South Wales with significant potential for redevelopment as well as improving the passing rent. The property is situated in Argoed, close to Blackwood and Caerphilly.
The investment comprises:
Main House 13 double rooms producing £63,400 pax
A 4 bedroom self contained flat producing £6000 pax
A 2 bedroom cottage producing £5000 pax
Planning permission for the construction of 4 semi detached houses
Furthermore, there is potential to site a retail unit with residential above (subject to planning permission)
and scope to improve the current income.
http://www.paramountinvestments.co.uk/Property-for-sale-Argoed-Gwent-NP12-1
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