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Castle Street, Llangollen, Denbighshire, LL20

£280,000

Business rates & charges may apply

Sidney Phillips Limited, North West
SIZE

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SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes, A4 Drinking Establishments and Sui Generis

A3, A4, sui_generis_3

Key features

  • Denbighshire tourist town
  • Mid terrace property
  • Busy commercial high street
  • Trade area (47)
  • Soft play area (50)
  • Net sales £500,000 per annum
  • SELLER REF: 94263

Description

Llangollen is a principal market town in the North Wales county of Denbighshire, situated on the River Dee on the edge of the Clwydian Range and Dee Valley Area of Outstanding Natural Beauty. Llangollen and the 11 miles of canal from Glendrid to the Horseshoe Falls are part of the area's UNESCO world heritage site. The town is also home to the Llangollen Railway Heritage Line.

Llangollen is located on the main A5 London to Holyhead route which offers ease of access to North Wales, Cheshire and Shropshire. The mid-terrace property is a lock-up of brick construction and glazed frontage occupying the ground and first floors.

S&G Bistro is an established business in the heart of Llangollen which offers an extensive all-day food and drinks menu. It is the number-one ranked restaurant in Lllangollen on TripAdvisor. The bistro also boasts excellent reviews on Google and Facebook with the business having its own website and social media presence. The bookstore above generates passing trade, in addition to the high footfall from the main high street. The adjoining children's play area offers huge potential as a venue for private functions and events, subject to a targeted marketing campaign. Our client advises that net sales are in the region of £500,000 per annum with full accounts to be made available to serious parties.

A full Premises Licence is held.

Seven days a week between the hours of 09:00 and 21:00.

OPENING HOURS
Seven days a week between the hours of 09:00 and 21:00.

Mains water, electricity, gas and drainage. CCTV.

Rateable Value: £23,500

Local Authority: Denbighshire County Council.

LEASEHOLD £280,000 to include goodwill and fixtures and fittings. Stock at valuation in addition. 

We are advised that the landlord will offer a new 5 year lease with a rent of £2,283 per calendar month, with a deposit of £5,000. Free of tie. Under the Landlord and Tenant Act 1954.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

Brochures

Castle Street, Llangollen, Denbighshire, LL20

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chirk Station5.0 miles

About Sidney Phillips Limited, North West

North West

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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Disclaimer - Property reference 94263. 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 Sidney Phillips Limited, North West. 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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