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Grade Ii Listed Public House In Aberaeron For Sale

Aberaeron, Ceredigion
Asking Price:
£340,000
Sales Revenue:
£156,000
Cash Flow:
Available on request

Grade II Listed Public House For Sale
Situated in the desirable area of Aberaeron
Early viewing is highly recommended
Advised weekly turnover of £3,000
Huge scope to introduce food
High amount of passing trade
Genuine reason for sale
FREEHOLD


Business History

We are delighted to offer for sale this superb public house which has been established circa 1860 and has been in the careful hands of our clients for the last 16 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that weekly turnover currently runs at £3,000 with a gross profit margin of 46% which is derived from the sale of a selection of beers, wines and spirits in addition to light bar snacks. This turnover could be hugely increased by taking advantage of the commercial kitchen with the introduction of hot & cold food if desired. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Property information

Property:

Freehold

Location:

Substantial well maintained superior three storey Grade II Listed public house is situated within the favoured Georgian Harbour town of Aberaeron on Cardigan Bay. It fronts one of the main thoroughfares of the town fronting the famous town green. Aberaeron lies alongside the main A487 coast road almost equi distant from Aberystwyth to the North and Cardigan to the South and within some 15 Miles of the University town of Lampeter. The property lies within a level close proximity of all shops, sea front, harbour etc.

Premises Details:

Large Grade II listed character property, briefly comprising of: GROUND FLOOR - reception vestibule/foyer area with internal doorways to both public bar and lounge. Public bar - (7.47m x 3.43m) with fitted velor bench seating, loose tables and chairs, wall mounted flat tv screens and dartboard area, built in glazed fronted cupboards. Pool room/games room area - pool table and separate rear access to beer garden. Ladies & gents toilets & disabled toilets. Front lounge bar - (7.62m x 3.66m) a character room with a fireplace housing a woodburning stove, built in glazed cupboards. a mixture of fitted bench seating, tables and chairs. Central bar servery with a full range of optics, draft pumps, chill bottle display cabinets and electronic tills. serves both the public and lounge bar. Access to beer cellar - (7.62m x 7.62m) approx having good headroom, concrete floor, well equipped and divided into four rooms with beer chute from front street. FIRST FLOOR - Central landing, catering kitchen - (3.18m x 2.90m) fully fitted with 6 burner stove, extractor, fryer, hotplates, stainless steel preparation tables, wash basin/sink and microwaves. Function room (could be used as dining room/restaurant) - (8.97m x 4.27m) with 3 windows overlooking town green, fireplace to each end. Store room. Ladies & gents toilet facilities SECOND FLOOR - Owners' accommodation, Double bedroom 1 - (4.32m x 2.95m), Single bedroom 2 - (3.15m x 2.24m), Double bedroom 3 - (3.53m x 2.97m), Bathroom - White suite comprising of bath with shower over, wash hand basin and toilet. Lounge - (4.27m x 3.51m) with laminate flooring, fireplace, views over town green. EXTERNAL - Beer garden and a former coach house recently restored and a building of considerable potential either for commercial purposes or indeed conversion to residential / holiday accommodation - subject to obtaining the necessary consents. Measures overall some 40' x 12'. Tenure We are advised freehold

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