Summary

Property Type Leisure
Tenure For Sale
Size 3,623 sq ft
Price Offers in excess of £450,000 plus SAV
Rates Payable £7,584.80 per annum
EPC Rating This property has been set as EPC exempt.
Reason: EPC has been commissioned, will be available in less than 28 days
  • 70 cover licensed restaurant
  • 5 star local authority hygiene rating
  • Music/entertainment licence
  • All fixtures & fittings are included in the sale
  • 8 ensuite bedrooms
  • 5 star B&B award

About

A prominent attractive three storey property that is arranged to provide a ground floor restaurant with 8 high quality letting rooms to the upper two floors, which benefit from a self contained entrance or access from the restaurant area.

The well presented ground floor licensed restaurant has a Total Net Internal Floor Area of approximately 1,091 sq ft (101.35 m sq) offering capacity for up to 70 covers. This leads to a breakfast room, used by the B&B, which provides a Total Net Internal Floor Area of approximately 302 sq ft (28.05 m sq). The property also benefits from a commercial kitchen with a Total Net Internal Floor Area of approximately 382 sq ft (35.48 m sq), ancillary facilities and WCs. The restaurant has a music/entertainments licence. There is an area that can provide 2 off street car parking spaces to the rear of the property. The property is of traditional construction with an attractive glazed shop frontage and is fully fitted out for its current use.

The business is only reluctantly offered for sale due to the retirement of the owners.

Parkers B&B and Restaurant, 1 Short Bridge Street, Y Drenewydd, Leisure For Sale - 1620965884_20230920_105944_4123876_resized_1.jpg

Accommodation

Namesq ftsq mAvailability
Ground - Restaurant/Cafe 2,003 186.08 Available
1st - B & B 1st Floor 1,022 94.95 Available
2nd - B & B 2nd Floor 598 55.56 Available
Total3,623336.59

Location

The property is prominently located in the town centre of Newtown fronting onto Shortbridge Street. The property is located within proximity to all local amenities. The surrounding occupiers include Greggs, HSBC, The Lion and Costa.

The town of Newtown continues to see residential and commercial growth and is set in the backdrop of attractive countryside with numerous lovely walks assisting tourist trade.

Newtown is an established market town and administrative centre with a significant catchment area, which is located approximately 33 miles south west of Shrewsbury and approximately 13 miles west of the town of Welshpool. The town is situated on the River Severn at the junction of the A489 and the A483.

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Parkers B&B and Restaurant, 1 Short Bridge Street - IMG_20230920_171917_726.jpg