Thriving Free House in Market Town Centre, Abergavenny Monmouthshire, with Gastro Hub & Trade Garden
Abergavenny, Monmouthshire
- Status
FOR SALE
- Date Submitted:
05/04/24
- Advert ID
609285
- Reference
94776 / Rightbiz
- Call Agent:
- Leasehold: £25,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Trade Gardens Available
- Fully Fitted
- Adjacent to Multiple Retailers
- Free of Tie Leasehold
- Town Centre location
- Close to Local Amenities
- Prime Location
Business Details
MONMOUTHSHIRE MARKET TOWN CENTRE FREE HOUSE
Centrally located free house
Attractive lounge bar/restaurant
Large catering kitchen
Excellent walled trade garden
Lock-up premises
Private free-of-tie lease
The Monmouthshire market town of Abergavenny has a population of 12,500 and stands at the confluence of the renowned River Usk and the lesser known River Fenni. It is self-titled as the ‘Gateway to Wales’ being approximately 6 miles from the English border with Herefordshire. As well as being set in the rich agricultural countryside of the Usk Valley, it stands in the lea of the Black Mountains, with the Brecon Beacons beyond.
Over recent years the town has become well known as a ‘gastro’ centre, famed for its food festival, as well as being the location of many noted Hotels and Restaurants. At the very heart of this bustling and medieval market town is the subject property, the Greyhound Vaults. It is an historic building being an end of terrace property of stone construction, which surprisingly is not listed. The property offers two section bar and restaurant facilities which operate as a traditional bar, lounge and restaurant depending on the time of day and day of the week. It is also well positioned to attract all style of lunchtime and evening trade, conveniently located for the town market. It is let on favourable free-of-tie terms from a private landlord.
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Listing Statistics
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
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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.
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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.'.
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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.
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