The Boatyard is located in the city of Bangor in North Wales and is a large end of terrace site. Situated on the outskirts of the city centre on a road leading to the promenade, the outlet benefits from fantastic views over the famous Menai Straights which separate Anglesey island from the mainland UK. The Boatyard is lucky enough to have a constant customer stream all year around as the city has a large university with around 12,000 students, many of which call the city home for most of the year. The volumes increase in the summer months as the vibrant tourist market take advantage of Snowdonia, the island of Anglesey, the surrounding area amenities and the abundant leisure activities. The Boatyard is lucky to hold the most prominent position in Bangor with a mixture of private housing with a high capacity spend and student accommodation.
Pub Layout
The Boatyard is a welcoming pub with sofas and dining tables, it has four areas all serviced by a compact, but efficient horseshoe bar.
As you enter the car park to the off road parking area there are two large external areas that are currently used for car parking and there is a further raised viewing platform with outside seating which has spectacular views of the enchanting landscape.
Currently there is a central bar servery in the centre of the trade area and a couple of annex rooms that are allocated to dining. The kitchen is located at the front of the property next to the entrance and there are also another two other entrance points from the road front and the rear courtyard that customers can use.
The Boatyard boasts one the best beer gardens in the area with panoramic views of the Menai straight, the paved garden has around 10 large benches and is a real sun strap. The car park can hold around 8 cars although the majority of customers would normally walk to the pub.
There is a full refurbishment planned at the Boatyard.
The private accommodation has five bedrooms, kitchen and bathroom.
Annual Rent:£35,000 post investment
Security Deposit: £5,000
Working Capital: £4,000
Stock: £8,000
F&F: TBC (Funding options may be available)
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
The Boatyard is a fantastic proposition and can definitely be a jewel in the crown due to having one of the best locations in North Wales. Currently a sleeping giant, with the right vision and skill set the outlet could be one of the most visited outlets in the area. With an innovative refurbishment scheme and design that allows the customer journey to flow and utilise the pubs amenities, we will ensure that the Boatyard is not only one of the best outlets in Bangor but also in the whole of North Wales.
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