Pub Commercial to rent in Castle Square, Caernarfon, Gwynedd, LL55

Pub Commercial - £60,000 Annual

Castle Square, Caernarfon, Gwynedd, LL55



Tenancy info

First listed on: 09th August 2020

Nearest stations: Llanfairpwll (6.3 mi)Bodorgan (7.4 mi)Bangor (Gwynedd) (8.1 mi)

Interested in this property? Call See phone number 01286 67 67 60

Property Features

  • Opportunity to Lease a Restaurant, Bar & Night Club
  • Substantial Attractive Grade II Listed Building in the Prime Location of Caernarfon Town Centre
  • 2 Storey Night Club With Separate Access, Reputedly the Largest in North Wales
  • Established Bar/Diner With Beer Garden & Direct Access to Castle Square
  • Approximately 23000 sq ft over 4 Storeys

Property Description

Opportunity to Lease a Grade II Listed Restaurant, Bar & Nightclub

Opportunity to Lease a Grade II Listed Restaurant, Bar & Nightclub

CAPACITY    Bar/Diner 696 (approx.)
Night Club 595 (approx.)

INGOING PAYMENT    £50,000 plus fixtures and fittings to be valued by an independent valuer SAV.

TENURE    Leasehold. The property is available by way of assignment of the current 15 year lease dates 25th May 2016. Subject to Status

PRICE    The current passing rent is £60,000 Per Annum. The assignee may consider assigning the lower floors lease only at an annual rental of £20,000 (subject to status and conditions).

ACCOUNTS    The accounts will only be available to bona fide applicants.

LEGAL COSTS    Each party will be responsible for their own legal costs incurred in this transaction.

VAT    Prices, outgoings, ingoing payment and rentals are exclusive of, but may be liable to, VAT

MONEY LAUNDERING REGULATIONS    We are obliged to verify the identity of any proposed purchasers/tenants once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering. This is a legal requirement.


Opportunity to Lease a Grade II Listed Restaurant, Bar & Nightclub

Opportunity to Lease a Grade II Listed Restaurant, Bar & Nightclub

CAPACITY    Bar/Diner 696 (approx.)
Night Club 595 (approx.)

INGOING PAYMENT    £50,000 plus fixtures and fittings to be valued by an independent valuer SAV.

TENURE    Leasehold. The property is available by way of assignment of the current 15 year lease dates 25th May 2016. Subject to Status

PRICE    The current passing rent is £60,000 Per Annum. The assignee may consider assigning the lower floors lease only at an annual rental of £20,000 (subject to status and conditions).

ACCOUNTS    The accounts will only be available to bona fide applicants.

LEGAL COSTS    Each party will be responsible for their own legal costs incurred in this transaction.

VAT    Prices, outgoings, ingoing payment and rentals are exclusive of, but may be liable to, VAT

MONEY LAUNDERING REGULATIONS    We are obliged to verify the identity of any proposed purchasers/tenants once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering. This is a legal requirement.


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Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
10/08/2020 Property listed at £60,000

Disclaimer

Disclaimer Property reference A5EDF513310815_COM170077_L. Details are provided and maintained by Dafydd Hardy Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

156 High Street

Bangor

Gwynedd

LL57 1NU

Telephone: See phone number 01286 67 67 60

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

Disclaimer

Disclaimer Property reference A5EDF513310815_COM170077_L. Details are provided and maintained by Dafydd Hardy Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

156 High Street

Bangor

Gwynedd

LL57 1NU

Telephone: See phone number 01286 67 67 60

Arrange Viewing Arrange Viewing with Agent Check Affordability Check Affordability

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