Caerwent pub with countryside views on market for £825,000

South Wales Argus

2 days ago

The Coach & Horses Inn, located on Caerwent's main street, is on the market for £825,000.
According to the listing, the property consists of a collection of one and two storey buildings, with a mix of public areas, letting rooms, and owner's accommodation.
Set in the historic village of Caerwent, the inn sits just off the A48, around five miles west of Chepstow and eleven miles east of Newport.
(Image: Christie and Co via Rightmove)
Caerwent is known for its Roman heritage, with what the listing describes as "some of the best-preserved Roman walls in Northern Europe."
The location is said to benefit from access to local attractions such as Chepstow Racecourse, golf courses, and nature reserves.
Transport links include the M4 motorway and Caldicot train station, which is approximately two and a half miles away.
(Image: Christie and Co via Rightmove)
The main building contains a tap room at the front, which leads into a lounge area with mixed seating and a woodburning fire.
The lounge is described as being popular with both diners and drinkers.
A restaurant, with air conditioning, overlooks the rear garden and is also used as a function suite for weddings and other events.
(Image: Christie and Co via Rightmove)
The restaurant is said to accommodate around 100 covers.
Other ground floor features include a snug area with space for approximately 20 covers, a commercial kitchen, storage space, a cellar, and customer toilets, including accessible facilities.
The kitchen is described in the listing as "extended" and offering "ample storage."
Fixtures and fittings are included in the sale, according to the listing.
(Image: Christie and Co via Rightmove)
On the first floor, there are three ensuite double letting rooms for guests.
The domestic accommodation, also on the first floor, includes a kitchen and living room, a master bedroom with ensuite shower, and three additional double bedrooms.
Outside, the property has a trade garden to the rear, which includes a children's play area and what the listing calls "panoramic views across open countryside."
A car park to the right of the property is said to provide space for around 40 cars.
(Image: Christie and Co via Rightmove)
According to the listing, there is potential for further development.
There is mention of a lapsed planning permission to extend the existing stables building, which could allow for either a coffee shop or a two-bedroom holiday let.
There is also said to be potential to extend over the flat roof at the rear to create additional letting accommodation, subject to the necessary permissions.
The business currently operates under a premises licence.
Trading hours vary throughout the week, with drinks service in the afternoons and evenings from Monday to Wednesday, and food service available from Thursday to Sunday, with extended hours on Fridays and Saturdays.
Reported net turnover for the year ending August 2022 was £502,621, with the previous year's figure at £511,745, according to information provided in the listing.
The property is offered as a freehold, with a rateable value of £20,000 effective from April 2023.
Staff details are to be provided to interested parties.
All prospective buyers are advised to check business rates with the local authority.