Hotel/guest house for sale in Wingfield Hotel & Sports Bar, Wingfield Terrace, Llanbradach, Caerphilly CF83

Description

SMART LETTINGS are delighted to offer to the rental market an outstanding and magnificent opportunity to lease a truly unique restaurant bar with breath-taking views, ample parking, customer toilets, kitchen and 13 Bedrooms.

The business has been run with the current owners for past 12 years, the current manager has also been in situ for this duration.

The business is currently trading with excellent potential to increase revenue on both wet sales, food and accommodation.

The 13 rooms are all ensuite and made up of a mixture of single, double and family rooms. Up until recently the accommodation has seen high levels of occupancy from returning guests, we have recently gone live with to increase revenue.

The property was renovated to a high standard 12 years ago and remains in excellent condition.

Business being sold as going concern.

The restaurant currently has 80-90 covers and is fully licensed for the sale of alcohol. There is a traditional pub menu at the pub and on Wednesday and Sunday's they have traditional carvery.

Wet sales last financial year £230,000.00*
food sales last financial year £220,000.00*

*Hugh potential to grow these figures with increased kitchen opening hours.

Curren premises licence operating hours

Sunday - Thursday 11am until midnight
Friday and Saturday 11am until 1am

Quoting rent

£1,500.00 P/W

Planning

The property benefits from A3 use as a restaurant/hotel.

Lease premium

There is a lease premium payable.

Stock

As the business is trading there will be a stock take upon take over with a payment for stock required.

Rooms

Potential Annual Income upwards of £271,925
4 Singles £35.00 Per Night
4 Twins £60.00 Per Night
4 Doubles £70.00 Per Night
1 Family Room £85.00 Per Night

*Room Rates Currently Under Review*

Trading

Rooms are open 7 days a week
Food and Drink Tuesday - Sunday - Currently closed Monday's

EPC rating

tbc

(1) money laundering regulations - prospective leaseholders will be asked to produce identification documentation during the referencing process and we would ask for your co-operation in order that there will be no delay in agreeing a tenancy.

(2) These particulars do not constitute part or all of an offer or contract.

(3) The text, photographs and plans are for guidance only and are not necessarily comprehensive.

(4) Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully to satisfy yourself of their accuracy.

(5) You should make your own enquiries regarding the property, particularly in respect of furnishings to be included/excluded and what parking facilities are available.

(6) Before you enter into any lease for one of the advertised properties, the condition and contents of the property will normally be set out in a lease agreement and inventory. Please make sure you carefully read and agree with the tenancy agreement and any inventory provided before signing these documents.

Tenure: Freehold