Restaurant/cafe for sale

Location

The property is located in a prominent town centre position fronting Station Road, a busy retail and mixed-use location. There are a variety of national retailers in the direct vicinity including Jenkins Baker and co-op. The main Burry Port Train Station is also in close proximity.

Burry Port is a busy harbour town and popular tourist destination. The town is located 8 miles west of Llanelli and 12 miles south of Carmarthen.

Description

The property comprises a ground floor lock-up shop with rear courtyard. The accommodation is currently configured to a well specified café with kitchen and associated staff and WC facilities.

The property forms part of a three-storey multi-let building which includes two other ground floor retail units with several residential flats to the upper floors.

Pedestrian access is given directly from the pavement off Station Road. Loading and rear access is given via a courtyard to the rear.

Accommodation

Café/Retail area: 516 sq ft
Kitchen: 175 sq ft
Store/staff: 42 sq ft
WC Facilities

Rateable value

£3,750
ubr for Wales 2023/24 is 53.5p in the £
Interested parties are asked to verify the information.

EPC

Energy Rating – 39B

Cn tenure

Title number Term Rent
Long Leasehold cym years (less 3 days) from 23 November 2016 Peppercorn (if demanded)

A service charge is payable for the repair and maintenance of the building of which the property forms part.

Tenancy

The property is let on an occupation lease to Joshua Aubery Jones as personal guarantor from 2022 for a term of five years with break option on the 3rd anniversary. The current rent is £6,600pax. There is an open market rent review on the 3rd anniversary of the term providing an opportunity to increase the rtent.

Proposal

Seeking offers in the region of £100,000 (One Hundred Thousand Pounds) subject to contract and exclusive of VAT.

VAT

The prices quoted are exclusive of VAT.

Legal costs

Each party to pay their own legal costs in any transaction.