Restaurant/cafe for sale in St. Marys Square, Swansea SA1

£75,000 (£90.58/sq. ft)
Interested in this property? Call +44 1792 738454 * or Request Details

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Restaurant/cafe for sale

828 sq. ft*

Property features

  • Business for Sale - £75,000
  • Award Winning Restaurant
  • Lease Assignment
  • Situated in a Popular Location

Property description

Situation
Situated in a popular location just off Wind Street, this premises occupies a prominent kerbside trading position. This area of Swansea City Centre is very popular and benefits from other restaurants, drinking establishments and cafes etc. The premises is circa 10 minutes from the Quadrant bus station and is located close to all of the Cities amenities.

Description
Hanson at the Chelsea Restaurant is a cosy award-winning restaurant based in Swansea that specialises in seafood, offering the finest local ingredients.
Briefly comprising a ground and first floor A3 premises. The ground floor comprises of a seating area to the front and middle, with a fully functioning bar and kitchen area to the rear. The first floor comprises of ancillary storage and WC facilities.
The restaurant is an aa Rosette award winning restaurant, which is a nationwide scheme that assesses the quality of food and service. These awards are a testament to the high-quality service. The restaurant has also been recommended by Good Food Guide and Michelin Guide.

This is a well-established business with a very good reputation and many existing customers.

These impressive ratings further illustrate this point;

Personal website - Rating: 4.8/5 out of 801 reviews
Google - Rating 4.7/5 out of 313 reviews
Facebook - Rating 4.7/5 out of 125 reviews
TripAdvisor - Rating: 4.5/5 out of 614 reviews

Further information can be found upon the restaurants website;

Size
This unit has a Net Internal Area of 77 m2 (828 sq ft).

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 Leasehold interest in our client's premises is available by way of lease assignment at an asking premium of £75,000.

We understand that the lease has an approximate remaining term of 8 years at a headline rent of £21,000 per annum.

We understand that the lease is within the Landlord and Tenant Act, but interested parties are advised to seek legal advice on the lease.

The business is profitable and the accounts will be made available for serious purchasers.

Rateable Value
Interested parties are advised to discuss business rates with the local authority, but we understand that the previous rateable value was £12,000.

Viewing
Please contact Dawsons Commercial to arrange a viewing.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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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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 PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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