Popular Bar and Restaurant in Bridgend Mid Glamorgan
Price:
Freehold - £320,000
Location:
Wales, Mid Glamorgan, Bridgend
Business Type:
Food Service Businesses, Pubs
Preferred Commercial is delighted to offer for sale this popular bar and restaurant, which was established in 1870 and which has been in our client's careful hands since 2002. The business offers quality food at affordable prices and generates a turnover in the region of £100,000 per annum with a gross profit of 70%. The restaurant currently offers traditional British food but would suit a variety of cuisines. There is scope to increase turnover by extending the opening hours of the bar and by embarking on a modest advertising campaign. There is a quality website in place offering information about the restaurant and with on-line booking facilities. The premises boast 3-bedroom owners' accommodation and have benefited from much investment by our client, resulting in a well presented and maintained property. We are advised that planning permission has been granted to extend the property to provide additional dining space and qualifies for a 35% grant from the Welsh Regeneration Scheme. We feel this represents an ideal opportunity to acquire a popular bar and restaurant with immense scope for growth. Early viewing must come highly recommended.
The Fountain Restaurant occupies a prominent trading position at a junction of the main road leading to the delightful rural village of Aberkenfig, near Bridgend. There is ample car parking opposite and bus stops directly outside. Aberkenfig is a delightful place in which to live and work and is popular with commuters due to its proximity to the M4. Bridgend lies approximately 3 miles to the south, while Junction 36 of the M4 motorway lies just 2 miles from the restaurant.
Mon:Closed
Tues - Sat: 6.00pm - 9.00pm
Sun:12.00pm - 3.00pm & 6.00pm - 9.00pm
Substantial detached premises offering 3-bedroom owners' accommodation, 50-cover restaurant and lounge bar. Briefly comprising:
Ground Floor
• Lounge bar with bar servery with 2 points of dispense, drinks chillers and optics display, tables and seating for approximately 24 persons
• Restaurant with feature exposed beams, waiter station and 50 covers
• Ladies and gents WCs
• Commercial kitchen with extraction system, double fryer, griddle, grill, microwave ovens, gas oven and hob, dishwasher and preparation surfaces
First Floor
• Large lounge/dining room
• Family bathroom
• Large double bedroom with fitted wardrobes
• 2 further double bedrooms
• Kitchen with a range of fitted wall and base units
• Private roof terrace accessed from half landing
External
• Various outbuildings including a laundry and a historic coach house, which could be renovated for a variety of uses
• Patio area
• Car park opposite for approximately 40 vehicles
North Yorkshire
£ 750,000
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