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Vaughan Street, Llandudno, Conwy (County of), LL30

£1,250,000

Business rates & charges may apply

Sidney Phillips Limited, North West
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SECTOR

Pub for sale

Key features

  • Located in the heart of Llandudno
  • Substantial Victorian era public house
  • Two section trade area (100)
  • Extensive accommodation over two storeys
  • PP for apartments and additional building
  • Net sales in region of £450,000 per annum
  • SELLER REF 96029

Description

The Nevill Hotel is located on Vaughan Street in the heart of the seaside town of Llandudno. The property sits directly opposite Llandudno train station and is within easy reach of the town's many attractions including its promenade, its two beautiful beaches, the Great Orme, Llandudno Pier and an array of independent retail and hospitality outlets. Llandudno is well connected, with junction 19 of the A55 serving the town via the A470. It also has an excellent public transport system with links to Snowdonia National Park, the north-west of England and the Llyn Peninsula.

The Nevill is a substantial Victorian era property on a corner plot. It is set over four storeys with a grey painted exterior under a pitched slate roof. The total square footage of the building is approximately 5,780 sq ft.

The Nevill is a wet-led public house which has been family run for nearly 50 years; our clients have decided now is the time to sell due to retirement. The public house is hugely popular with locals and passers-by alike and hosts live sports events, live music and darts/pool competitions. Our clients advise that net sales are in the region of £450,000 per annum based on wet-only sales which leaves huge potential for increased trade by offering a food menu and developing the letting rooms. Furthermore, permission has been granted for an additional building as detailed below.

Planning Permission
Planning permission has been granted for The Nevill to be converted into apartments and for the erection of a new building (on the site of the existing car park) to provide 20 apartments with underground parking facilities. Planning application number 0/45869 - Conwy Borough Council.

All mains services are connected.

Local Authority: Conwy Borough Council

Rateable value: £15,950

A Premises Licence is held for the retail of alcohol. We are advised that this is a 24 hour Licence.

Current Opening Hours:
Seven days a week: 12:00 - 22:30

VIRTUAL FREEHOLD £1,250,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

The Nevill is held on a 954 year lease which commenced 29th September 1973.

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

Viewing strictly by appointment only.

Brochures

Vaughan Street, Llandudno, Conwy (County of), LL30

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llandudno Station0.1 miles
  • Deganwy Station1.8 miles
  • Llandudno Junction Station2.6 miles

About Sidney Phillips Limited, North West

North West

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.

Notes

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Disclaimer - Property reference 96029. 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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