DENBIGHSHIRE - WELL PRESENTED TOWN CENTRE PUB

Rhyl, Denbighshire

Ref: 94828

Freehold £460,000

Key Features

  • Popular town centre destination inn
  • Prominent three storey building
  • Four interconnecting trade areas (130)
  • Two self-contained owners’ apartments
  • Two well presented trade gardens (220)
  • Net T/O approximately £460,000 per annum
  • Location

    The Cob & Pen is located on High Street in Rhyl town centre. The property is surrounded by other retail outlets and hospitality venues and is just a 5-minute walk from Rhyl Beach, Marine Lake and Kinmel Bay. The town is popular with tourists during the summer months with its seaquarium, seaside attractions, holiday parks and walking routes.

    The property sits just off the A525 which links the town to the North Wales Expressway (A55) which, in turn, gives access to Chester and the North West of England northbound and Snowdonia National Park southbound. Rhyl train station and bus station are both just 2 minutes from the Cob & Pen. The town is served by trains running on the North Wales Coast Railway Line which provides links to Holyhead, London, Cardiff and Crewe.

    This substantial property is a three-storey building of brick construction with black and cream painted elevations. It has one flat roof and a pitched tile roof to the main. The internal trade areas have been subject to much investment over the past 12 months and now offer modern décor and furnishings throughout.

    Property

    TRADE AREAS
    From the entrance is the MAIN BAR with carpeted floors and laminate to bar area, L-shaped wood fronted bar servery with laminate top, multiple large TV screens and loose and fixed seating for 30. STORAGE SPACE behind the bar. The ‘Dining Room’ benefits from carpet flooring, loose dining and booth seating for 48 covers and darts throw. Off the main bar are two SNUG AREAS: the ‘SPORTS ROOM’ providing seating for 30 with pool table, darts throw and jukebox, and the ‘Old Rhyl Snug’ consisting of seating for 24, exposed ceiling timbers and TVs. Well-equipped TRADE KITCHEN with quarry tile floors, washing areas and ample storage. On level CELLAR with KEG STORE behind bar with access to the yard.

    OWNERS ACCOMMODATION
    FIRST FLOOR
    Appointed to very good standard, featuring a spacious LOUNGE, TWO DOUBLE BEDROOMS, BATHROOM and fitted KITCHEN with access to a well-presented PRIVATE ROOF TERRACE. OFFICE WORKSHOP/STORE ROOM.
    SECOND FLOOR
    SELF-CONTAINED FLAT which consists of LOUNGE, KITCHENETTE, BATHROOM, three DOUBLE BEDROOMS and LOFT SPACE.

    EXTERNAL
    Well-presented TRADE PATIO with upper decking area, TV screens, heated enclosed seating area (60) and artwork to walls. Second TRADE YARD, formally the car park, offers a sheltered seating area which can be used as a STAGE/BAND AREA with 160 covers and the option of parking for 5 vehicles.

    The Business

    The Cob & Pen is one of Rhyl’s leading public houses due to its friendly and welcoming atmosphere, live music events, pool and darts teams and showing of live sporting events. Recent investment in the trade spaces and a new bar menu have attracted a new clientele from the local and surrounding areas. The pub is wet-led, hence there is potential to increase sales further by taking advantage of the well-equipped trade kitchen and introducing a food menu. In addition, letting the two owners’ apartments could achieve in the region of £1,200.00 per calendar month for both.

    Tenure

    FREEHOLD £460,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full premises licence is held.

    Current opening hours:
    7 days a week 12:00 - 00:00

    Services

    All mains services are connected.

    Local Authority: Denbighshire County Council, PO BOX 62, Ruthin, LL13 9AZ
    Telephone: 01824 706000

    Rateable Value: £24,900 as at 01 April 2023

    Enquire about this listing

    Dean McVay
    North West

    Ref: 94828