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Abergele Road, LL29

£165,000

Business rates & charges may apply

Sidney Phillips Limited, North West
SIZE

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SECTOR

Pub for sale

Key features

  • Village of Old Colwyn
  • Prominent high street position
  • Main bar/snug (40) and lounge bar (30)
  • Four bedroom owner's accommodation
  • Enclosed trade patio (20)
  • SELLER REF 95647

Description

Old Colwyn is a village just to the east of Colwyn Bay in the county of Conwy. The property sits on the main Abergele Road, surrounded by other hospitality and retail outlets and close to the Victorian seaside town of Colwyn Bay. Colwyn Bay has a beautiful sandy beach and a three mile promenade that runs to neighbouring Rhos on Sea. Other notable attractions in the area include the Welsh Mountain Zoo and Fairy Glen. Snowdonia National Park is also easily accessible. The village lies just off the A55 North Wales Expressway which provides links to Chester and Anglesey, whilst the nearby A470 connects to Llandudno to the north and Snowdonia National Park to the south.

The Sun Inn was built around 1830 and is of local stone construction over two-storeys under a pitched slate roof.

The business has been hitherto let on a traditional Pub Company style lease and therefore no trading accounts are available. Prospective purchasers will need to reach their own conclusions as to the potential trade and profitability which can be enjoyed at this outlet.

INVENTORY
The sale of the property will include trade fixtures and fittings which are in absolute ownership of the Seller and in situ on completion. Any branded or leased items and any items owned by third parties will be excluded. An inventory of fixtures and fittings will not be provided by the Seller. If required, the Buyer may obtain an inventory (approved by the Seller) at their own cost. The Seller will not be required to remove any such items that remain on the property on completion.

FREEHOLD £165,000 to include fixtures and fittings. Stock at valuation in addition. 

The Property is elected for VAT. VAT will be levied on 90% of the sale price at the standard rate. Purchasers may wish to satisfy themselves with independent professional advice that this VAT may be reclaimed.

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

Brochures

Abergele Road, LL29

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Colwyn Bay Station1.1 miles
  • Glan Conwy Station4.3 miles
  • Llandudno Junction Station4.5 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 95647. 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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