Investment Opportunity - Wrexham Bar with Two-Level Trade Area and Owner's Flat For Sale
Wrexham Town, Wrexham
- Status
FOR SALE
- Date Submitted:
15/12/23
- Advert ID
603949
- Reference
94502 / Rightbiz
- Call Agent:
- Freehold: £250,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Fully Fitted
- Prime Location
- Town Centre location
- Close to Local Amenities
Business Details
WREXHAM INVESTMENT OPPORTUNITY
Wrexham city centre
Late night venue/bar
Two level trade area (470 capacity)
Trade kitchen
Two bedroom owners flat
Rental income £25,000 p.a. (9.09% yield)
The Ironworks is located in the heart of Wrexham city centre, surrounded by a wide variety of retail and hospitality outlets and on the main city centre drinking circuit. The city has a population of 61,000 and is located between the Clwydian mountain range and the Lower Dee Valley, neighbouring the County of Cheshire. Wrexham offers plenty to do and includes cultural and historic treasures such as the 16th century Gothic Church of St Giles, 1200 acres of National Trust land and Wrexham AFC. The latter has put the city on the map in recent years with its Hollywood owners. Wrexham is orbited by a ring road: the A525 links to the A483 which provides access to Chester to the north and Oswestry to the south, whilst the B5430 connects to the A494 to the west and offers routes to the northwest coastal towns and Snowdonia National Park.
The property is a double fronted building with three levels with the left hand building being Grade II listed and of brick construction with rendered elevations, sash windows and slate roofs. There is also an adjoining two storey brick building with on-street entrance.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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