Pub/bar for sale in Bennett Street, Swansea SA1

Situation
Situated on Bennett Street within Plasmarl, this property is conveniently located and benefits from mainly residential properties within the local proximity. Plasmarl is centered on the A4067 road, which connects Swansea with the M4 motorway, and is approximately 3 miles from Swansea City Centre. The property also benefits from its close proximity to Stadium.

Description
Briefly comprising an end terraced A3 commercial premises, currently being used as popular bar The Alma Inn.

The ground floor comprises of a fully functioning licensed bar and seating area to the front, further seating area to the middle and outdoor seating area to the rear.

The ground floor also benefits from ancillary storage, along with split WC facilities.

The first floor comprises of a three-bedroom flat and accommodates three bedrooms, living room, bathroom, kitchen and ancillary storage.

Services
We understand that the property benefits from all mains services. Please note that these were not tested during the course of our inspection.

Terms
The freehold interest in our client’s premises is available for sale at an asking price of £172,295.

The property currently has a sitting tenant that has a lease expiry date of 31st August 2023.

We understand the lease is inside the Landlord and Tenant Act, and that the tenant wants to stay past the end of the lease date. The current tenant has been occupying the premises for the past 18 years.

Interested parties are advised to seek legal advice on the lease.

The annual rent is £15,600 per annum, which provides a ROI of just over 8%.

Viewing
Please contact Dawsons Commercial to arrange a viewing.