Nestled in the charming village of Draethen, this property offers a unique opportunity for renovation and investment, set against the backdrop of picturesque rural Monmouthshire. Located just half a mile from the A468 at Machen and approximately 5 miles from junction 28 of the M4 motorway, this area combines rural tranquility with convenient access to the larger urban centers of Cardiff and Newport, both about 7 miles away.
The building itself, constructed from stone and steeped in history, encompasses over 5,000 square feet of space. Notably, it is not subject to listed building regulations, adding to its appeal for potential investors looking to renovate without stringent restrictions. The property sits on a generous one-acre plot and currently features three distinct trading areas, along with spacious owner accommodations and two en suite letting bedrooms located in an adjacent converted stone barn.
Upon entering, you’ll find an inviting lounge bar characterized by its heavily beamed ceiling and part-exposed stone walls. This area features open fireplaces beneath copper canopies and accommodates up to 40 customers with its blend of fixed and loose traditional seating. The premises also includes a public bar with capacity for 16-20 patrons, complete with a darts area and bar servery featuring exposed stonework.
Upstairs, the first-floor restaurant boasts a reception area leading into split-level dining sections that can host between 50-60 diners when fully furnished. Although all catering equipment remains in place, it has not been operational for some time and will require assessment for modern use. There’s also ample storage in the form of a walk-in cold room and dry store.
The owner’s accommodations consist of three generously sized double bedrooms alongside a domestic lounge and bathroom facilities. Furthermore, the converted barn offers additional letting potential that could generate income once refurbished.
Externally, the property is equipped with parking space for around 30 vehicles as well as a stone-built garage unit. The site features terraced gardens that could enhance the outdoor experience but currently require attention due to overgrowth.
While this property has been closed since the onset of the Covid pandemic, its substantial size and flexible layout present an attractive canvas for investors or operators seeking to revitalize it into a thriving business once more. The combination of desirable location and development potential makes it an intriguing opportunity in today’s market.