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New Road, Llandeilo

£35000 pa


  • Popular Public House
  • Established Local Trade and Real Ales/CAMRA Following
  • Current High Turnover From Wet Sales Only
  • Existing Kitchen Facility Gives Option Of Food Sales.

Located close to the town centre the premises are well positioned to serve the loyal local support and additionally benefits from the high level of tourist trade that this popular market town attracts.

The front bar area in this listed building has an abundance of character and creates a warm welcome with its natural stone walls, traditional wooden bar and woodburner. The cosy fireside tables on one side and the high level social tables and pool table on the other create a high quality environment to appeal to all customers currently with seating for 39 customers.

From the front bar a covered walkway takes you to the the Garden Room, with 32 covers with full height doors/glazing overlooking the attractive courtyard terrace with spiral staircase, pergola and established vines. There are fixed overhead electric heaters installed around the terrace. Male, female and disabled WC facilities are also in this part of the building. A currently unused commercial kitchen is located behind the garden room.

Externally, an architecturally designed stone staircase leads customers up to a large lawned beer garden with mature planting which accommodates approximately 40 further seating. The beer garden has also been used for community events, celebrations and wedding parties.

On the first floor is a large one bedroom managers flat. In addition is an area currently occupied as an open plan office with WC facilities, two individual offices and a store to the rear which will be vacated in next 12 months. Once the office space is available there will be scope to extend the living accommodation and also extend restaurant seating to the upstairs area (STP).

The premises currently have a good turnover, mainly as wet trade, meaning there is considerable scope for any new occupier to increase turnover by making use of the catering facilities.

Location
The premises are located in the popular Carmarthenshire market town of Llandeilo approximately 15 miles east of Carmarthen and 13 miles north of Junction 4 of the M4 motorway. The town is well known for a range of speciality shops, art galleries etc as well as traders serving both local population and the busy tourist trade, especially in the summer months and around the school holidays.

The public house fronts New Road and is adjacent to the project to refurbish Llandeilo Market Hall which is currently at an advanced stage of construction. The premise will therefore benefit from being next to this landmark scheme with its proposed new employment space, use as an events venue, market hall with restaurant and cafeteria with anticipated opening date in late 2022. The premises will therefore benefit from being next to Llandeilo's latest landmark project and the increased footfall that will be enticed to this part of the town.

Accommodation
The approximate floor spaces are that the front bar area extends to 916 sq ft (85.1 sq m) with the gross floor space of the rear building 1,245 sq ft (115.71 sq m) of which the net seating area is 919 sq ft (85.44 sq m). On the first floor the area currently used as an office suite, including the kitchen, WCs and store, is approximately 791 sq ft (73.53 sq m) plus the good sized one bedroom flat with lounge/kitchen area and bathroom.

Currently the building is laid out with the restrictions of Covid in mind with the front area having seating for 39, the rear restaurant area 32 covers and at the courtyard level to the rear a further 12 covers. There are additional tables externally on the upper beer garden level providing seating for 40 customers.

Fixtures & Fittings
It is proposed that furniture, glassware, crockery etc be purchased by the ingoing tenant at a figure of £10,000.

Premises Licence
The premises licence permits the sale of alcohol between 11.00 am to11.00 pm Monday to Saturday and 12 noon to 10.30 pm on Sundays. There are variations to the licencing hours for certain Bank Holidays.

Tenure
Available on a new lease for a term of years to be agreed on the basis that the tenant will take full repairing and insuring terms and be responsible for the payment of local authority rates, utility costs as well as other usual tenant outgoings.

Rent
£35,000 per annum subject to review at three yearly intervals.

For the first twelve months of the lease the rent will be reduced to £30,000 per annum while the landlord remains in occupation of the first floor office area.

Accounts
Accounts can be made available to genuinely interested parties who have at minimum carried out a viewing of the premises.

Rates
According to the gov.uk website the rateable value for the premises is £7,200. However, there is currently relief from rates until April 2022.

Availability
Immediately upon completion of legal formalities.

Viewing Arrangements
Please contact David Cochlin in our Commercial Department on 01834 861810 or via email to dc@johnfrancis.co.uk

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