Property Description

•Immediately available To Let Café Bar/Restaurant & Premises with 2 no. 1st Floor Self-Contained Flats.

•Situated in a convenient and prominent location within Porthcawl town centre a busy seaside resort town having the benefit of a large resident population and an influx of holiday makers and day trippers on weekends and holiday periods.

LocationThe property is situated in a prominent town centre location fronting Dock Street just off John Street, Porthcawls pedestrianised prime retail pitch and located just off The Esplanade.

The seaside resort town of Porthcawl has the benefit of a large resident population and an influx of holiday makers and day trippers particularly during public holidays and at the weekends.

Porthcawl has maintained a strong prime retail core and has the benefit of a vibrant and long established leisure, café and restaurant scene which is dominated by local businesses and entrepreneurs.

DescriptionThe property briefly comprises a substantial and imposing two storey corner property that provides for a partially fitted out ground floor café bar and premises together with the benefit of 2 no. self-contained flats over.

The property is available To Let as a fully licenced and fully fitted out café bar being made available with a range of furnishings and trade fixtures and fittings together with a fully fitted commercial kitchen.

The ground floor of the property provides in total approximately 204.5 sq m (2200sq Ft) Net Internal Area of accommodation providing for approximately 80 covers. In addition ancillary accommodation provides for separate male and female and disabled WC's.

Also included is the First Floor of the property that comprises 1 no. self-contained one bedroom flat and 1 no. self-contained two bedroom flat with the Lease allowing for the flats to be sub-let under residential occupational contracts, if required.

TenureThe property is immediately available To Let under terms of a new FRI lease for a term of years to be agreed.

Rental£32,000 P.A as a whole.

£25,000 P.A ground floor only

PremiumNo premium required.

Business RatesThe valuation agency website advises a rateable value of the Ground Floor Cafe Bar & Premises of £19,500 so rates payable 2023/24 of £10,423.50

EpcPending

VatAll figures quoted are exclusive of VAT if applicable.

Legal CostsEach party to be responsible for their own legal costs.

Anti Money LaunderingIn order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

ViewingStrictly by appointment only through
sole letting agents:

Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]

Please ask for Dyfed Miles or Matthew Ashman