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#Business ID: 20048

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Very Attractive Late Bar Bistro Nite Spot Proposition

Business Location: Conwy, Clwyd, Wales

Asking Price: £ 335,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Type: Bistros, Cafe & Diners
Lease Term: Available with Option to Buy
Turnover: £200,000 + Est
Gross Profit: 73%
Rateable Value: £13,750
Business Rates: £6380 (Est for 2013/14)
EPC: Bar B 50 Apartment D 69

Llwelyns is a fully branded business combining secure investment income from 3 Executive Apartments, day to day Bar & Bistro and a successful vibrant Disco Late Bar on a Saturday night which alone turns over £147,000 pa. The Premises License is from 11am to 3 am seven days a week! It is a Free house with no tie.The building capacity now it has been extended is 350 (prior to extension 200)

The massive open plan bar can easily seat 80 and has many configurations. In addition at the front of the building are cosy bar areas. There is huge scope to build on the business already established particularly on the food side.

The whole property, which is a Grade 2 Listed building, has recently undergone a complete re fit and makeover transforming it into a trendy chic venue which benefits from its own covered smoking area and fully enclosed rear patio for "Al Fresco" dining. All re wired, new plumbing, hard wired fire system, alarm, cctv, and gas central heating.

All this situated in the historic Market Town of Llanrwst which is on the fringe of Snowdonia National Park and only 15 miles from the Coast at Llandudno. The town itself has many independent businesses focused on personal service and draws its trade from it's wide hinterland, tourist attractions, caravan parks and visitors.

The property is offered for sale with all furniture, fixtures, fittings and equipment, sky, broad band, website and branding.

The Apartments on the upper floors have been finished to a high standard and each has one Bedroom, open plan Living Area and Bathroom. All are let on Assured Short hold Tenancies and produce £14,160 per annum.

The building is elected for VAT

Consideration would be given to a Lease with Option to Purchase on terms to be agreed.

Email us about this listing
Jacksons Commercial Tel:01492 233111
Conwy

Accommodation

Foyer Ground Floor: With solid oak doors from the Street and inner half glazed doors. Door to rear service area, Opens directly to the
Lower Bar Ground Floor: At the front of the building with it's own entrance and adjacent to the Foyer. A cosy area to relax and also a window niche with seating. Steps lead up to the main bar.
Bar Ground Floor: Very contemporary with wall murals and "Llywelyns" branding. Modern seating and tables, it leads round to the "Disco Area" and then through to the Atrium Lit rear bar and exit to the Smoking Area and Patio. Here there is the Disabled Toilet, Stairs rising to the Ladies & Gents Toilets.
Commercial Kitchen Ground Floor: Very comprehensively fitted with new Blissard & Lincat equipment, including, Griddle, 2 basket deep fat fryer, Menu master micro rapid cook, microwaves, 8 ring gas hob & warming cabinet, upright chiller and freezer, hand wash basin, steel prep tables, full length extraction unit, completel range of ancillary pots pans, culterly and crockery.
Preparation Room Ground Floor: with two moulded stainless steel sink units, dishwasher and rear exit to Patio
Cellar: Large and fully equipped two roomed cellar.
Staff Toilet: Situated on the First Floor Landing
Apartment 3 First Floor: Gas Centrally Heated
Open Plan Lounge/Kitchen 5.93m x 3.88m First Floor: Laminate flooring and well fitted Kitchen area with cupboards work surfaces, gas oven & hob, integral fridge/freezer
Bedroom1 3.63m x 2.62m First Floor
Bathroom First Floor: With paneled bath with shower over, pedestal basin and low level wc
Apartment 1 First Floor: With electric powered radiator heating
Hall First Floor
Open Plan Lounge/Kitchen 7.89m x 3.17m First Floor: Laminate flooring and well fitted Kitchen area with cupboards work surfaces, gas oven & hob, integral fridge/freezer
Bedroom1 3.42m x 3.33m First Floor
Bathroom First Floor: With paneled bath with shower over, pedestal basin and low level wc
Apartment 2 Second Floor: With electric powered radiator heating
Hall Second Floor
Open Plan Lounge/Kitchen 6.45m x 3.03m Second Floor: Laminate flooring and well fitted Kitchen area with cupboards work surfaces, gas oven & hob, integral fridge/freezer
Bedroom1 4.65m x 3.28m Second Floor
Bathroom Second Floor With cast iron dragon foot bath, separate shower cubicle, pedestal basin and low level wc
Outside: To the rear of the building is a walled Patio providing a sunny area for "Alfresco Dining" with covered smoking area and access to the Bar. Double Gates open to a Dedicated Parking area for two cars.

Features

* CCTV
* Dedicated Parking
* Down Lighters
* Fire Alarm
* Gas heating
* Intruder Alarm
* Laminate Flooring
* Patio
* Premises License
* Sound System

Inclusions

* Full Inventory of Equipment

Services

* Electricity
* Gas
* Main Drainage
* Mains water
* Telephone/ Internet STC

Property Details

Size:

Floor Area: 321m2 Useful

Property Type:

Real

Other Business Details

Business Location:

North Wales

Living Accommodation?

Yes
3 Investment Apartments producing £14K

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