BRIDGEND – SUBSTANTIAL EDGE OF TOWN CENTRE COMMUNITY STYLE PUBLIC HOUSE WITH EXCELLENT LEVEL OF TURNOVER AND PROFITABILITY

Bridgend, Glamorgan

Ref: 95726

Freehold £0

Key Features

  • Substantial Public House in Residential Area
  • Public Bar & large 'L' shaped Restaurant
  • First Floor Function Suite
  • Four bedrooms at second floor
  • Large car park and excellent outside seating area
  • Current sales approx. £800,000 per annum exclusive of VAT
  • Highly profitable
  • Location

    The Caeffatri is a landmark public house on the edge or Bridgend Town Centre within a densely populated residential area. It is a substantial and proud stone constructed property over three floors under a pitched clay tiled roof to the main building with some flat roofs over ground floor extensions to the rear and side of the property. The property itself has a rich history but has traded as a public house for a number of years and very successfully for the majority of those. Under the current owners it is currently achieving annual sales of approximately £800,000 exclusive of VAT and is very profitable.

    The town of Bridgend has a population of some 40,000 and acts as the administrative centre for the surrounding area including the Ogwr and Ogmore Valleys, Porthcawl and the western section of the Vale of Glamorgan. The town has very good road communication links being just off junctions 35 and 36 of the M4 motorway.

    Property

    GROUND FLOOR
    FRONT ENTRANCE into CONSERVATORY with stone flagged floor, exposed stone walls and seating for 20.

    LOUNGE BAR with carpeted floor and the ability to seat up to 30 customers with bar counter from central servery and open arch access through to RESTAURANT being a spacious room decorated to a very good standard throughout with carpeted floor and a mixture of tables and chairs for approximately 80 customers, DJ BOOTH. Large wooden screen offering SERVICE AREA for staff from KITCHEN. Wood panel fronted bar counter from central servery.

    PUBLIC BAR being self-contained having carpeted floor and the ability to seat up to 30 customers and having GAMES AREA with pool table, dartboards etc. Bar counter from central servery.

    Ladies and two separate GENTLEMEN'S TOILETS.

    CATERING KITCHEN of good size with non slip floor, UPVC clad walls and some commercial catering effects and equipment. Large STORE off.

    BASEMENT
    Keg Cellar and Bottle Store.

    FIRST FLOOR
    Self contained Function Room of character having carpeted floor, part wood panelled walls with feature fireplace and can comfortably seat 40. Wood panel fronted bar counter with mirror back display.

    Ladies and Gentlemen's Toilets

    Former second kitchen currently used for storage.

    ACCOMMODATION
    Private accommodation on the second floor providing four DOUBLE BEDROOMS, one having EN SUITE BATHROOM. Former KITCHEN, BATHROOM. This area could be used for either or letting accommodation.

    EXTERNAL
    To the front of the property is a concrete slab and patio TRADE GARDEN with timber constructed SMOKING SOLUTION and retractable roof. SEATING AREA in total can accommodate up to 100 customers. Large CAR PARK to the front and side of the property with lined tarmacadem spaces for approximately 30 vehicles.

    The Business

    The premises were purchased by the current owners in 2019 when the business was open for trade but there was no accredited trading information available due to the pub previously being let. Under their tenure, the business has built an excellent level of trade as a traditional community pub, offering wet and dry sales 7 day per week. For the last financial year, our clients account will show sales exclusive of vat of approximately £800,000, working on a gross profit of some 63% with an excellent adjusted net profit in excess of £100,000.

    Tenure

    Freehold £XXX,XXX

    Licence

    Premises licence is held

    Services

    All mains services are connected

    Enquire about this listing

    Ceiron Griffiths
    Wales

    Ref: 95726