Are you looking for freehold pubs in the Wales area? You could run ‘The Cambrian Inn’ Pembrokeshire !
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Freehold Pubs In Wales – Run The Cambrian Inn Pembrokeshire
The Cambrian Inn is a thriving and highly profitable Inn & Restaurant with Letting Bedrooms located within a highly sought after harbour village in Pembrokeshire. All trading areas are presented to a very high standard and the business has an excellent reputation for a quality food and beverage offering. The property is being offered for sale Freehold or a ‘Free of Tie’ Lease.
Location
The Cambrian Inn has an enviable location on the main road leading through the extremely popular harbourside village of Solva. The village is nestled in the Pembrokeshire National Park, a few miles from St David’s, it boasts a bustling quay and a charming High Street with craft shops and art galleries.
Solva and St David’s are a tourist hotspot within the area and attract huge numbers of visitors throughout the year with its lovely Blue Flag Beaches, sublime walks on the Pembrokeshire National Coast Path, spectacular views and a wide range of water based activities including Sailing, Sea Angling and Sea Rowing.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
The Cambrian Inn Pembrokeshire
Ground Floor
The Lounge Bar/Dining Area (circa 36) is an inviting room with bar servery, a
mix of wood and slate flooring, exposed stone walls and doors to the terrace area.
The Restaurant (circa 36) offers carpeted flooring, beamed ceilings and exposed stone walls.
The Dining Room (circa 12) is a cosy room benefitting from carpeted floors, beams and wood panelling.
Ladies, Gents and Disabled W.C’s along with baby changing. There is a spacious commercial catering kitchen which is very well equipped and has separate prep and wash up area, The ground floor cellar has a python and cooler system.
External Details
To the front of the property is a popular Patio Terrace Area (circa 36). Own Car Park to front and opposite plus a large public car park a short walk away.
Letting Accommodation
Located on the 1st and 2nd floors are 5 En-Suite Letting Bedrooms all offered individually and in very good condition. The rooms offer 3 Double Bedrooms, 1 Twin Room and a Family Room.
Owner’s Accommodation
Located to the rear of the main building is a detached property offering a Double Bedroom, Lounge, Kitchen and Bathroom.
Fixtures & Fittings
All trade fixtures and fittings are included in the sale and an inventory will be provided.
Trading Information
The Cambrian Inn has demonstrated that year on year that it consistently achieves a turnover in excess of £825,000. This stable turnover has led to historic and regularly adjusted net profit figures in excess of £200,000 per year.
Trading Hours
7 days per week – 11am – 11pm
The Cambrian Inn Pembrokeshire
Freehold: £795,000
Leasehold: £50,000, Annual Rent: £80,000
Harbour Village Inn & Restaurant
Net profit of in excess of £200,000
Last 5 years’ turnover in excess of £825,000
5 En-Suite Letting Bedrooms
Pembrokeshire Coast National Coastal Park
Detached 1 Bedroom Apartment. Energy Rating Exempt
Business Rates
The current rates payable is £22,500 per annum.
Freehold with a Leasehold option.
Leasehold Option – A New 10 Year ‘Free of Tie’ Lease is available with an initial
rent of £80,000 per annum. The lease will be FRI and protected by the
Landlord & Tenancy Act 1954.
The Cambrian Inn Pembrokeshire
The Opportunity
This is a unique opportunity to acquire a substantial, thriving and highly profitable Inn & Restaurant with Letting Bedrooms, also offering scope to expand both the building and business.
New operators will benefit from an excellent reputation along with a property that is presented to a very high standard.
The business is situated in an Idyllic location of Solva, which is a rare occurrence, due to its self generating location producing high levels of trade
throughout the year.