£49,500

Pub/bar for sale

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Business

£49,500

(£100.51/sq. ft)

Pub/bar for sale

Prince Of Wales Dock, Kings Road, Swansea SA1

592 sq. ft

Local area information

Property location

Nearby amenities

  • St Thomas Community Primary School 0.4 miles
  • Swansea Queens Dock Ferry Terminal 0.5 miles
  • Swansea 0.6 miles
  • Danygraig Primary School 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Swansea to find out more about the area.

Features and description

  • Business For Sale - £49,500
  • Popular A3 Premises
  • Established Live Music and Cocktail Bar
  • New Lease Available - £22,000 per annum
  • Situated in a Popular location in SA1
Situation
Situated on a popular Kings Road, right next to popular commercial SA1 development the J Shed. There are plenty of local and national occupiers in the area including restaurants, bars, cafes etc. The premises benefits from being close to a high population of residential premises, and benefits from a high level of footfall.

Description
Briefly comprising a ground floor A3 premises currently being used as the popular Bar Americanos, an established live music and cocktail bar of 12 years, which can accommodate up to 100 covers.

The premises comprises of a spacious outdoor seating area to the front, with outdoor bar facilities. The main bar section comprises of a further seating area with WC facilities to the rear, and a fully functioning bar and kitchen area.

The premises also benefits from ancillary storage with a side lock up area outside.

Size
This unit has a Net Internal Area of 55 m2 (592 sq ft).

Services
We understand that the property benefits from mains electricity and water. Please note that these were not tested during the course of our inspection.

Terms
The Leasehold interest in our client's premises is available at an asking premium of £49,500.

A new lease will be made available at an asking price of £22,000 per annum. Terms are negotiable.

The business is profitable, and the accounts will be made available for serious purchasers.

Rateable Value
Interested parties are advised to discuss business rates with the local authority, but we understand that the rateable value on this property is low with approximately £629 payable last year.

Viewing
Please contact Dawsons Commercial to arrange a viewing.

More information

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Listed by

Dawsons - Swansea Sales, Auction and Commercial

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  1. Zoopla
  2. Commercial for sale
  3. Swansea
  4. Swansea City Centre
  5. Kings Road

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