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Public House Restaurant In Gwynedd

Bangor Gwynedd County
Community Public House Y Felinheli, North Wales T/O: £260,000 GP: 50% Huge scope Ideally located Same owner 25 years 3 bed accom
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 50136
ADVERT IMPRESSIONS : 10,445 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

FREEHOLD:

£579,950
 

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BUSINESS DETAILS:

Location
Tafarn Y Fic is situated in the heart of the village of Y Felinheli and boasts views from the rear of the property over the Menai Strait to Anglesey. Y Felinheli lies midway between Caernarfon and Bangor in North Wales. The area is popular with tourists and is renowned for sailing with moorings, a marina and many supporting businesses in the village. Y Felinheli is easily accessed being just 2 miles from the A55 North Wales Expressway, leading both to the Isle of Anglesey and Chester.

Business History
Preferred Commercial is delighted to offer for sale this popular community public house, which was established in the 1800s and has been in our client's careful hands since 1985. The business is only now being placed on the market due to our clients' wish to retire. The pub offers food on Wednesday evenings and at weekends and generates a turnover in the region of £260,000 per annum with an 80/20 wet/dry split. There is scope for a new owner to develop the food side of the business further and to target the growing number of tourists visiting the village. The premises boast superb views from the rear of the property and the development of an external terrace is sure to draw additional custom. The pub hosts numerous teams for darts, pool and football and truly is at the heart of the local community. The property benefits from 3-bedroom private accommodation making this an ideal lifestyle opportunity for a new owner. Early discussions with Preferred Commercial must come highly recommended to avoid disappointment.
Financial Details
T/O: £260,000 approx.
GP: 50%
Split: 80/20 Wet/Dry

Opening Hours
Mon - Sun: 11.00am - 11.00pm

Accommodation Details
Period public house premises in a prominent high street location and with 3-bedroom family accommodation. Briefly comprising:

Ground Floor
• Main bar with a central bar servery with lounge and dining/function area, food servery and large projector TV
• Dining area with 60-covers and views over the Menai Strait
• Ladies WC
• Gents WC
• Disabled WC
• Baby changing room
• Lounge bar with 30 covers and TV
• Pool room with pool table and access to toilet area

Lower Ground Floor
• Commercial kitchen, well fitted and equipped with oven, microwave oven, refrigerator, freezer, dumb waiter to bar servery
• Temperature controlled beer storage area
• Dry storage area

First Floor
• Lounge with excellent views over the Menai Strait
• Kitchen with a range of fitted wall and base units, ample space for a dining area
• Bathroom with bath, wash basin and WC
• Double bedroom with wardrobes
• Spacious landing area with room for a small/home office

Second Floor
• Double bedroom
• Large double bedroom
• Bathroom with bath, wash basin and WC

External
• Alley to side leading to rear of property
• Lower covered terrace area, part used by customers and with scope for development
• Upper terrace with views over the Menai Strait

Tenure
Advised freehold
Free of tie
   
  FOR SALE
   

REFERENCE:

1746 / RightBiz
   
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