Beachside Barbecue (Formerly The Mermaid Restaurant), The Strand, Saundersfoot

GUIDE PRICE .... £1,750,000 (FREEHOLD)

A UNIQUE BEACHSIDE RESTAURANT WITH MAGNIFICENT OUTLOOKS OFFERING HUGE POTENTIAL FOR EXPERIENCED AND ENERGETIC OPERATORS

GENERAL
Beachside Barbecue (The Mermaid) enjoys an enviable setting alongside and overlooking Saundersfoot Beach and Harbour. The Owner's family acquired the Restaurant in 1963. The Restaurant is well appointed and well equipped. It has had an excellent reputation from both holiday makers and locals. Improvements in fairly recent years include a new extraction system and a new fire suppression system (insurance compliant).

Saundersfoot itself is a very busy seaside village within the beautiful southern section of the Pembrokeshire Coast National Park. It has a range of amenities including other restaurants, cafes, pubs, bespoke shops, school and sports facilities etc. Recent developments in and around the adjacent Harbour have considerably enhanced Saundersfoot.

1 The Strand will be included in the Freehold sale of Beachside Barbecue. This Shop, situated on the corner at the entrance to The Strand, is currently let for £25,000 per annum. The current Lease expires on 3rd October 2028.

With access via a wide staircase and also a second entrance, the Beachside Barbecue briefly comprises...

RESTAURANT
82'8" x 37'9" (25.20m x 11.50m) overall, various picture windows to two elevations - fabulous beach and harbour views, bar/servery, mix of fitted and loose furniture, nautical theme, character - "beamed" ceiling etc.

Kitchen
53'10" x 25'3" (16.40m x 7.70m) - excellent range of stainless steel fittings and equipment etc.



OUTSIDE
Railed Terrace alongside slipway and overlooking the Beach - potential for additional covers. Terrace overlooking beach.

SERVICES ETC (NONE TESTED)
All mains connected.

TENURE
Freehold with vacant possession of Beachside Barbecue but also including 1 The Strand - note earlier references. Beachside Barbecue is an Untied Freehouse.

TRADE
Historic Trading Accounts can be made available to the financial advisors of bonafide interested parties who must first have viewed Beachside Barbecue.

Saundersfoot has developed as a fine coastal year round destination with exceptional summer trade.

RATEABLE VALUE
£25,500 (from 1/4/2023) - Beachside Barbecue


AGENT'S NOTE
As an alternative to the Freehold, Beachside Barbecue is available to Lease i.e...

Term ... 10 Years (tbc)
Initial Rent ... £75,000 per annum
Ingoing Premium .... £250,000 in respect of the Trade Contents (furniture and equipment etc) plus Goodwill

1 The Strand will be excluded from the Lease.
Please refer to separate brochure for the Leasing of Beachside Barbecue.