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Restaurant/cafe for sale

£115,000 (£110.15/sq. ft)

Mumbles Road, Swansea SA3

Restaurant/cafe for sale 1,044 sq. ft*
Interested in this property? Call +44 1792 738454 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Lease Assignment
  • Business for Sale - £115,000
  • Popular Bar and Restaurant
  • Situated in a Popular location in Mumbles

Property description

Situation
Situated on Mumbles Road, this property is conveniently located and benefits from high levels of footfall. The Mumbles is a popular tourist area and lies approximately 4 miles from Swansea City Centre. Attracting local occupiers, Mumbles Road has a mix of both local and national retailers.

Description
Comprising a ground floor A3 premises, currently being used as a popular Italian restaurant, La Dolce Vita.
The premises comprises of an open seating area to the front with further seating to the rear, accompanied by a licensed bar.
To the rear of the premises there is a fully fitted kitchen, with modern customer WC facilities. There is also a staircase at the rear leading towards a storage room on the first floor.

Services
We understand that the property benefits from mains gas, electricity and water. Please note that these were not tested during the course of our inspection.

Size
This unit has a Net Internal Area of 97 m2 (1,044 sq ft).

Terms
The Leasehold interest in our client’s premises is available by way of lease assignment at an asking premium of £115,000.
There are 4 years remaining on the lease at £18,000 per annum.
We have been informed the lease is within the Landlord and Tenant Act.
There is potential for first-floor residential accommodation. We have been informed the landlord might consider negotiating this accommodation within a new lease.

Rateable Value
We have made online enquiries and understand that the property has a rateable value of £6,300.
We have been informed that the business rates are £200 per annum.

Viewing
Please contact Dawsons Commercial to arrange a viewing.

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Dawsons - Swansea Sales, Auction and Commercial, SA1 on +44 1792 738454 * (local rate)

Contact Dawsons - Swansea Sales, Auction and Commercial about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dawsons - Swansea Sales, Auction and Commercial, and do not constitute property particulars. Please contact Dawsons - Swansea Sales, Auction and Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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