Pier Street, Aberystwyth, Ceredigion, Mid Wales, SY23
- PROPERTY TYPE
Bar / Nightclub
- SIZE
Ask agent
Key features
- ONLINE AUCTION DATES: 11TH-13TH NOVEMBER 2025 (LOT 45 - COMMERCIAL INVESTMENT OPPORTUNITY).
- PROPERTY: FREEHOLD NIGHTCLUB VENUE IN CENTRAL ABERYSTWYTH; HIGH FOOTFALL AREA WITH STRONG STUDENT AND VISITOR PRESENCE.
- INCOME: LET AT £70,000 PER ANNUM (CURRENTLY RECEIVING £67,600) ON A 15-YEAR LEASE FROM 09/10/2023.
- ACCOMMODATION: GROUND FLOOR INCLUDES BAR, DANCEFLOOR, KITCHEN, WCS, DJ BOOTH, OFFICE, CELLAR, AND COVERED OUTDOOR SEATING WITH HEATERS.
- AUCTION INFO: REGISTRATION AND FULL LEGAL DOCUMENTS AVAILABLE VIA PAULFOSH.EIGONLINEAUCTIONS.COM/LOT/DETAILS/162980 OR PAULFOSHAUCTIONS.COM.
Description
from 11th NOVEMBER - 13th NOVEMBER 2025
Lot 45 - Commercial Investment Opportunity (Let at £70,000 P/A)
An opportunity to acquire a tenanted freehold nightclub venue in the heart of Aberystwyth which is a busy town with bustling town centre with bars restaurants and a wealth of shops. The town benefits from a substantial student population with 8 - 10,000 students in the town attending the university and an increased numbers of visitors during the summer months. There are excellent transport links with Train Station and Bus
Services.
ACCOMMODATION (of approximate dimensions)
Ground Floor: Main entrance, Men's w/c Female w/c Disabled w/c, cellar, utility area, kitchen area with fixtures prep area (former bar), DJ booth and dancefloor with removable staging, main bar seating areas, glass wash area, managers office and inner hall with doors leading to delivery/fire escape area
EXTERNALLY
Spacious covered seating area with heaters
TENANCIES
The club is currently let at £70,000 per annum with £67,600 being received. The lease is for a term of 15 years from 09/10/23.
TENURE
We are advised that the property is Freehold - to be verified by solicitor
AUCTION
You must be registered to bid for this property. To register and view the available documents, please follow this link: or visit paulfoshauctions.com
PLEASE NOTE
Please note Hiwse or Paul Fosh Auctions have not inspected this property prior to the Auction.
AUCTION FEES AND ADDITIONAL COSTS
Auction fees: The sale of each lot is subject to a buyer's premium of 1.5% of the purchase price (subject to a minimum of £1,500) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller's search fees, reimbursement of seller's legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking, Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Energy Performance Certificates
EPC 1Pier Street, Aberystwyth, Ceredigion, Mid Wales, SY23
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Aberystwyth Station0.2 miles
- Bow Street Station2.9 miles
Notes
Disclaimer - Property reference GWHYokos. 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 Hiwse, Aberystwyth. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Hiwse, Aberystwyth on 01971 912026.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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