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Powys Freehold Freehouse for Sale - Prime Location, 2-Bed Accommodation, £171K Annual Net Turnover

Brecon, Powys
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POWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSE Photo 1
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POWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSEPOWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSEPOWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSEPOWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSEPOWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSEPOWYS - CENTRALLY LOCATED FREEHOLD FREEHOUSE
  • Status

    FOR SALE

  • Date Submitted:

    17/03/23

  • Advert ID

    510170

  • Reference

    93638 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £257,000 (Stock at valuation)
  • Leasehold: £12,000
  • Turnover: On request
  • Net Profit: On request

Business Details

POWYS CENTRALLY LOCATED FREEHOLD FREEHOUSE

Centrally located freehold freehouse
Contemporary ground and first floor bars
Two bedroom owners accommodation
Turnover £171,000 per annum net of VAT

Rent £15,000 VAT

The market town of Brecon (population of 8,000) stands on the banks of the River Usk and is synonymous with hill walking, being the town from which the famed Brecon Beacons National Park takes its name.  The Brecon Beacons is one of the most popular outdoor pursuits tourist destinations in the UK with its mountains and ridges, numerous rivers including Usk, Ithon and Irfon, a canal, a mountain railway, its waterfalls and many popular towns and villages to attract visitors.

The town of Brecon is its most popular location/destination and is a Georgian market town lined with character buildings and at its very heart is the subject property, the Lounge Bar & Café.  It is of traditional Georgian/early Victorian appearance having attractive glazed frontage with bi-fold doors allowing the trading areas to flow into the street/town to its front where the property is licensed to place six tables.  The trade areas extend to 1800 square feet of licensed areas located at ground and first floors both with fully equipped bar serveries and presented in a contemporary style.  They are ‘chameleon’ style rooms able to trade as a traditional café bar or a late night venue.  At second and third floor is a spacious owners flat.  There is also a rear yard.  

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'POWYS CENTRALLY LOCATED FREEHOLD FREEHOUSE - 93638 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.