£169,500

Restaurant for sale

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Offers in region of

£169,500

(£69.29/sq. ft)

Restaurant for sale

Former Curry Knight, Queens Road, Neath SA10

2,446 sq. ft

Local area information

Property location

Nearby amenities

  • Coedffranc Primary School 0.2 miles
  • Skewen 0.3 miles
  • Abbey Primary School 0.6 miles
  • Neath 1.4 miles

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

Features and description

  • Former public house premises with fully fitted Indian restaurant
  • Integral owner's accommodation with 5 bedrooms (requires renovation works)
  • Prominent position along the edge of the prime retail area within Skewen
  • Ideal for residential re-development subject to planning approval
Description
The subject property comprises a detached two storey building currently occupied for use as an Indian restaurant with integral owner’s accommodation (formerly known as The Royal Queen Hotel Public House), which is situated along an established mixed use location within the popular village of Skewen.

The ground floor, which can be accessed directly off the main pedestrian walkway to the front via a small entrance foyer, accommodates the restaurant and bar area, which appears to have been subdivided in part to comprise two dining areas with various seating for approximately 30-40 covers in total. Ancillary accommodation is also available to the rear, comprising a commercial kitchen/ preparation area and additional customer w.c. Facilities. A small beer cellar is also located within the basement, which can be accessed internally off the commercial kitchen.

The first floor, which can be accessed internally over the main sales area comprises additional owner’s accommodation, which benefits from five bedrooms, one reception room, kitchen, bathroom and a separate shower room.

We also advise that the subject premises is currently occupied in its entirety and held on a standard business tenancy for a term of 20 years from 19th March 2019 at an initial rent of £20,000 per annum (exclusive). However, we have been advised that the subject premises could also be acquired with full vacant possession on the basis that the Tenant's intention is to forfeit this occupational lease as a result of non-payment of rent.

Location
The premises is situated along Queens Road, which is a short walking distance to the main retail area of New Road within Skewen.

Skewen is a popular village approximately 2 miles to the west of Neath town centre.

Skewen provides for a mixture of commercial properties such as general retailing, takeaways and public house facilities supported by densely populated residential housing.

The immediate area also affords good lines of communication via the main A465, A4230 and the M4 Motorway (J44), which is 1 mile from the subject premises.

Accommodation Comprises
The property provides the following approximate dimensions and areas:
Ground floor


Net Internal Area: 113.54 sq.m (1,222.14 sq. Ft.)

Sales: 94.24 sq.m (1,014.40 sq. Ft.)
comprising an open plan layout providing various free standing seating for approximately 40 covers in total, sub-divided in part to accommodate a small bar area.

Sales Depth (max): 9.95m (32'7")

Internal Width (max): 12.86m (42'3")

Ancillary: 21.30 sq.m (229.27 sq. Ft.)
which briefly comprises the following.

Commercial Kitchen: 3.68m x 4.29m
with stairs to basement, access to.

Preparation Area: 2.84m x 2.01m

Customer W.C. Facilities
comprising disabled, ladies and gents w.c. Facilities
Basement


Net Internal Area: 10.90 sq.m (117.35 sq. Ft.)

Cellar Store: 3.02m x 3.61m
with service hatch from front elevation over ground floor entrance.
First floor


Gross Internal Area: 102.82 sq.m (1,106.75 sq. Ft.)

Landing
accessed off the main sales area, with doors to.

Shower Room
currently presented in a poor state of repair.

Kitchen: 2.25m x 3.95m

Lounge: 4.37m x 3.62m

Hallway
with doors to.

Bedroom 1 (front): 2.49m x 2.55m

Bedroom 2 (rear): 2.85m x 3.93m

Bedroom 3 (front): 3.76m x 2.63m

Bedroom 4 (front): 2.28m x 2.68m

Bathroom
fitted with a three piece suite.

Bedroom 5 (rear): 3.94m x 3.63m

Rates
As stated on the voa website the Rateable Value for the subject premises is as follows:

Rateable Value (2023): £16,750

From April 2018 the Welsh Government will set the multiplier according to the Consumer Price Index (cpi) and for the financial year 2023-24 the multiplier will be 0.535.

We advise that all enquiries should be made with the Local Authority Rates Department to verify this information. For further information visit .
VAT

All figures quoted are exclusive of VAT. Our client reserves the right to levy VAT on this transaction (where applicable).

Terms and Tenure
The subject premises is available with the benefit of the Freehold interest with full vacant possession.

Alternatively, the subject premises is available by the way of a new effective full repairing and insuring lease (under terms to be negotiated).

Viewing
By appointment with Joint Agents

More information

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  1. Zoopla
  2. Commercial for sale
  3. Neath Port Talbot
  4. Neath
  5. Skewen
  6. Queens Road