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£75,000

Restaurant, 35 Pier Street, Aberyswyth SY23 2LN

  • Profitable Restaurant Business
  • Views over the sea front
  • Town centre location

The property is situated fronting onto Pier Street in the centre of the Town of Aberystwyth. Pier Street fronts directly onto the seafront and is the established entertainment quarter of Aberystwyth. Aberystwyth is an established tourist and University Town and is the administrative centre for the area. Aberystwyth has a total population of 13,040 people.



The property provides an attractive well presented three storey property with a lower floor area.



The property is currently configured to provide a Restaurant arranged over the ground floor, first floor and lower ground floor level. There is then further accommodation arranged over the second floor to provide residential accommodation.



The property enjoys an enviable corner position fronting onto Pier Street.Basement: 44.21 m sq (475.8 sq ft)

Kitchen: 23.2 sq m (250 sq ft)

Stores



Ground Floor: 46.7 sq m (502.6 ft sq)

Restaurant/Dining Room



The business is offered for sale subject to a lease of the property. The lease is for 30 years, signed on 1st December 2005 and expires in 2035.

The current rent is £425 per week.



Fixtures and Fittings

A detailed inventory is available upon request from the selling agents.Interested parties should make their own enquiries.

Rateable Value (2017): £11,000

Rates Payable: Currently paying £4,574.17 per annum

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