Commercial Property for sale

The Riverside Tavern, Brewery Lane, Bridgend, CF31 4AP

1,937 sq. ft. | £325,000

Property Description

Commercial information

  • 1,937 sq ft (179 sq m)

Full description

Tenure: Freehold

LOCATION
The Property is situated in a highly prominent and convenient location fronting Brewery Lane just off the A4061 carriageway.

Occupiers immediately adjoining include Bridgend County Borough Council´s Ravens Court office building, the Tesco Food Superstore and the Bridgend Brewery Field.

Bridgend is the principal retail and commercial town serving Bridgend County Borough. The town enjoys excellent road and rail links having the benefit of direct train service to London Paddington.

DESCRIPTION
The Property briefly comprises an attractive Grade II Listed Georgian property that is currently occupied and fitted out for use as a public house and premise but offers potential for a variety of alternate leisure and commercial uses subject to the obtaining of any necessary planning consents.

The Property has the significant benefit of being set within a tarmacadam surfaced site that extends to approx. 0.37 of an acre, comfortably providing for approximately 25 to 30 car parking spaces.

The Property is currently configured so as to provide for public bar, lounge bar and restaurant and commercial kitchen on ground floor with first and second floor living/ancillary space over.

The Property briefly provides the following accommodation:-

Main bar area - 62 sq m (667 sq ft)

Lounge bar/restaurant - 80 sq m (858 sq ft)

Ground floor ancillary - 38 sq m (412 sq ft)

Total Ground Floor Accommodation - 180 sq m (1,937 sq ft)

First floor - 82 sq m (865 sq ft)

Second floor - 42 sq m (454 sq ft)

All measurements to Net Internal Area.

TERMS
The Property is to be sold freehold tenure.

The Property is currently let out under terms of a twelve month Lease from 28th April 2016 outside of the security of tenure provisions of the Landlord and Tenant Act 1954 at an annual rent of £31,200 per annum exclusive. Further details on application.

VAT
All figures quoted are exclusive of V.A.T. An option to TAX election has been made for the property.

LEGAL COSTS
Each party to be responsible for their own legal costs incurred in the transaction.

OTHER
Please note that a Member of Watts & Morgan LLP has a beneficial interest in and is a Director of the client Company.

VIEWING
Strictly by appointment only through
sole selling agents:

Messrs Watts & Morgan.
Tel: (01656) 644288
Email: commercial@wattsandmorgan.wales

Please ask for Dyfed Miles or Kate Harris


More information from this agent

Nearest stations

  • Bridgend (0.3 mi)
  • Wildmill (0.8 mi)
  • Sarn (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Bridgend (0.3 mi)
  • Wildmill (0.8 mi)
  • Sarn (2.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watts & Morgan, Bridgend Commercial

1 Nolton Street, Bridgend, CF31 1BX

01656 501012 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100565020115. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Watts & Morgan, Bridgend Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.