Restaurant for sale

Bridge Street, Llanfair Caereinion, SY21

Fixed Price £299,995

Property Description

Commercial information

  • Business for sale

Key features

  • Established high class riverside licensed restaurant with rooms
  • Detached property occupying prime location in stunning rural mid-Wales, well presented throughout
  • Includes owners accommodation with potential for further letting rooms
  • Viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is an excellent opportunity to purchase a delightful high class licensed restaurant, situated in the charming small town of Llanfair Caereinion, near Welshpool.

With a popular village atmosphere, this area boasts a good selection of local shops and amenities, with quality residential dwellings in the surrounding and neighbouring areas. High levels of footfall and activity throughout the day, attracting both regular local and passing trade, along with frequent cultural events in the Town Institute situated next door to the restaurant. A highly popular Steam Railway operates from Welshpool to the *village* from Easter until Santa's train in December bringing trade in. The restaurant also benefits from the local Glamping sites and B&B's year round.

Having successfully operated within the *village* for over six years, the business, has established a truly enviable reputation, offering excellent home cooked cuisine with fine wines, Welsh ciders and Real Ales, a bespoke Cocktail List, and coffees, handmade fudges and chocolates.

The International and Tapas Menus are all cooked to order in house, with an open plan kitchen so that customers can enjoy and experience theatre cooking. The fine dining venue also offers music events and can be hired out for sole use for bespoke private parties and functions. The business boasts an extensive and loyal customer base and has received a 5 Star Food Hygiene Rating for two consecutive inspections.

The accommodation within the property also has the potential to let out two rooms for customers to experience overnight accommodation if required.

Operating from a high profile visible and imposing premises, offering deceptively spacious accommodation over four floors.

This is a thriving and lucrative business, yet only operates to suit our client's lifestyle. The business would ideally suit an ambitious and energetic owner who can commence opening hours during the day, every day, which will significantly increase the turnover whilst ultimately enhancing overall profitability.

A very unique business for someone looking for a new direction and way of life within a stunning setting.

The business is now being offered for sale due to relocation. Viewing is highly recommended to appreciate the high standards of design and decorating. A first class opportunity.

SALES
40,000 pa representing an artificial income received from the restaurant only and part-time operating hours, solo. There is significant opportunity to increase trade.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Thursday - Saturday 12:00 - 15:00, 18:00 - 00:00
Monday, Wednesday and Sunday Appointment only.

PROPERTY
The imposing premises offer a deceptively spacious and versatile accommodation located over four floors. The property enjoys unique features including exposed Welsh stone walls, exposed beams, an inglenook currently housing an oil-fuelled Rayburn for additional cooking. Central & water heating oil-fuelled from the Combi-Boiler.

RESTAURANT AND BAR AREAS
There is an open plan 14 cover seating area including a separate cocktail lounge seating 8. The space is light and airy with clean contemporary furnishings albeit in spaces filled with character and history. With solid reclaimed wood floors throughout the dining areas, the cocktail lounge features striking antique limestone Yorkshire flagstones. There is a well appointed open plan kitchen with a good range of equipment, and the intimate bar area with a Welsh slate counter.

A private dining room with 10 seating covers provides a perfect space for a private party or romantic evening for couples, and a bathroom with separate shower and bath is situated on the first floor of the property.

There are two accesses within the lower ground floor, one leads to the upper garden for trades deliveries, the second leads from the Moroccan Room onto the lower decking by the River Banwy. The Moroccan Room can be used for private parties or for relaxing in the colourful ethnic furnishings.

Externally the lower garden houses the original walls of Thomas Woolen Factory (circa 1800) and is potentially ideal for al-fresco dining in the warmer months with seating for 11 people. The upper garden has raised vegetable beds and also allows for access for families and dog owners from the road in order to reach the lower garden seating and access to the bar and casual dining area.

LETTING ACCOMMODATION
There are two rooms with king size beds giving potential to let out for single persons or couples. There is a shared bathroom facility.

RESIDENTIAL ACCOMMODATION
Located on the second floor of the property is an office/possible single bedroom, and two further double bedrooms and a bathroom, all presented with the continued theme of the restaurant.

TENURE
We are advised that the property is Freehold.

We advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is an excellent opportunity to purchase an established and successful business with significant potential for future growth and development, for example -
Create a Website & increase activity on existing social networking sites.
Generate more business throughout property
e.g. Wedding Venues, Wedding Reception
Al-fresco Dining
Summer Events
Promotion and Marketing of Restaurant with Rooms facility
Ground Floor Entrance Hall/WC facility potential - Rough plans exist.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Welshpool (7.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 station

  • Welshpool (7.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 44351. 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 ALTIUS GROUP LIMITED, Kings. 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.

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