Restaurant for sale

610 - 612 Mumbles Road, Mumbles SA3

Description

The property comprises a substantial three-storey, double-fronted building arranged as a ground floor commercial unit with two self-contained residential maisonettes above.

The ground floor has historically operated as the well-known Yallops Fish & Chip Shop and benefits from an established trading history within one of Swansea's strongest leisure and tourism locations.

The upper floors provide two independently accessed two-bedroom maisonettes, both currently occupied and generating a secure residential income stream.

Location

The property occupies a prime position along Mumbles Road, one of South Wales' most sought-after coastal destinations. Situated directly opposite the promenade and Swansea Bay, the property benefits from excellent visibility, high pedestrian activity and strong year-round visitor footfall.

Mumbles remains a highly desirable residential and leisure destination, renowned for its mix of independent retailers, cafés, restaurants and established local businesses. The property forms part of a well-established mixed-use commercial parade and enjoys uninterrupted coastal views from the upper floors.

Viewings

If you would like to view the property, please contact us.

Terms

We are instructed to offer the Freehold interest for sale, asking price - £550,000.

Specifications

- Traditional end-terrace property arranged over three storeys
- Rendered elevations beneath a pitched tiled roof together with flat roof sections
- PVC double glazed windows and doors throughout
- Rear service access and ancillary storage

The Opportunity

The residential accommodation is fully let and currently produces:

Flat 610 – £1,100 per calendar month
Flat 612 – £1,100 per calendar month

Total residential income: £26,400 per annum

The ground floor commercial accommodation is currently being marketed To Let at £25,000 per annum, providing purchasers with the opportunity to enhance overall investment returns through active asset management.

The property offers investors an attractive combination of immediate residential income together with the opportunity to secure a commercial occupier and enhance overall rental performance.

Upon full occupation, the property has the potential to generate an income in the region of £51,400 per annum, offering scope for income growth and future capital appreciation within a highly sought-after coastal location.

The property may also appeal to purchasers seeking longer-term repositioning, refurbishment or value-add opportunities, subject to the necessary consents.