The Hole in the Wall is a unique pub built into the Caernarfon Castle walls. Caernarfon is an extremely popular tourist town situated on the estuary, famous for its castle and is the community and port in Gwynedd, Wales, with a population of 9,852. It lies along the A487 road, on the eastern shore of the Menai Strait, opposite the Isle of Anglesey. The city of Bangor is 8.6 miles to the north-east, while Snowdonia fringes Caernarfon to the east and south-east. The Hole in the Wall is a community local pub enjoying good local trade especially at the weekend as the Hole in the Wall is a prime position on the town’s circuit amongst other pubs and restaurants.
Pub Layout
As you enter the Hole in the Wall you are greeted with the one bar servery which operates the large one room and is made up of a mixture of fixed and loose seating, the décor and the fixture and fittings are all in good condition. There is a small catering kitchen which is capable of covering a bar snack menu. Outside houses a good seating area with a protective canopy, located on the pedestrian walkway. Although there is no car park, there is plenty of street parking close by and is located in an ideal position for passing trade.
The accommodation comprises of three bedrooms, kitchen, lounge and bathroom all in reasonable condition.
Annual Rent: £14,000
Security Deposit: £5,000
Working Capital: £2,500
Stock: £3,000
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Admiral Taverns are ideally seeking a local licensee who has good knowledge of the area and is able to develop the current offer by introducing a bar snack food offer and entertainment. Having strong knowledge within social media to promote the pub further and to grow the customer base is important.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
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