Glanmor Terrace, New Quay , SA45

** TO LET **£11,000 PER ANNUM** Well established commercial trading space within New Quay village centre ** Last used as a successful restaurant / cafe business ** Flexible lease terms available ** Suitable as a potential shop (stc.) ** Available fully furnished with commercial kitchen and dining furniture ** Walking distance to beach ** Located along the main town thoroughfare ** Potential for a variety of food and hospitality related uses **

The property is located within the popular coastal village of New Quay with its primary school, doctors surgery, local shops, cafes, bars and restaurants, sandy beaches, access to the All Wales Coastal Path and good public transport connectivity.  Nearby large scale caravan and holiday parks.  The Georgian harbour town of Aberaeron is some 7 miles distance with its comprehensive range of shopping and schooling facilities and within easy travelling distance to the larger marketing and amenity centres of Cardigan, Aberystwyth and Lampeter.  

Mains water, electricity and drainage.

Tenure - Leasehold. 

Rateable value £8,400 (Ceredigion County Council). 

GENERAL

AVAILABLE IMMEDIATELY
This renowned hospitality location is positioned along the main thoroughfare into New Quay and is available fully furnished for those wanting to operate immediately.

The town of New Quay is recognised as one of West Wales' most prominent tourist destinations attracting visitors throughout the holiday season and offering excellent potential for those seeking to establish a hospitality business in this thriving seaside location.

The accommodation provides more particularly as follows:

Main Restaurant Area

33' 4" x 12' 6" (10.16m x 3.81m) with a timber floor, wall lighting and covers for 42.

Kitchen Area

22' x 5' 8" (6.71m x 1.73m) is very well equipped up to current day standards (equipment available as an option).
Equipment available subject to negotiation includes Polar refrigerated display cabinet, Casio till, stainless steel cupboards x 2, glass display fridge, freestanding fridge/freezer, cold chiller unit, stainless steel tables and shelving, stainless steel hotplates and stainless steel sink and drainer with mixer tap. Please note that should these items be included within the lease they will be subject to a reasonable level of bond security.

Separate WC

With low level flush toilet, wash hand basin and tiled walls.

LAND TRANSACTION TAX

The purchase of this property may be subject to Land Transaction Tax (LTT). The amount payable will depend upon the purchase price and the purchaser’s individual circumstances. Buyers are advised to use the Welsh Revenue Authority Land Transaction Tax calculator and/or seek advice from their solicitor or financial adviser.

ANTI MONEY LAUNDERING

To comply with Government anti-money laundering legislation, we are legally required to carry out identity and verification checks on all buyers and sellers.
We work with our trusted and industry-recognised partner, Coadjute, who will send you a secure link to complete these biometric checks electronically once your offer has been accepted (subject to contract).
A non-refundable fee of £45 + VAT per person is payable directly to Coadjute for this service. These checks must be completed before we can issue the memorandum of sale to the solicitors and progress the transaction.
If you have any questions or need any assistance, please don’t hesitate to contact the office – we’re always happy to help.

VIEWING

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