Restaurants in Pontardawe available for sale
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Restaurants for Sale near Pontardawe, Swansea

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Restaurants for Sale Within 10 miles of the Pontardawe, Swansea

More details for 55 St Helens Rd, Swansea - Retail for Sale

55 St Helens Rd

Swansea, SA1 4BD

  • Retail for Sale
  • £275,000
  • 1,004 sq ft

Swansea Retail for Sale

The Freehold interest in our client’s property is available For Sale at an asking price of £275,000. The Business, Fixtures and Fittings are all negotiable. The basement and ground floor A3 premises will be vacant possession upon purchase. The first floor is vacant but was previously tenanted on a 6-month AST at £480 Per Calendar Month. The second floor is vacant but was previously tenanted on a 6-month AST at £450 Per Calendar Month. The Business The business has been known as its current trading name for many years and is regarded as one of the cornerstones of the local community. The business premises is now being reluctantly sold due to the owners wish to enjoy a well-earned retirement. This is well-established business with a very good reputation and many existing customers. The Business Premises The property comprises a substantial mid terraced premises of traditional construction. The property is mixed use between commercial and residential. The basement and ground floor are a commercial A3 premise, with the first and second floor being residential one bedroom flats. The ground floor commercial unit has prominent frontage to St Helens Road, and benefits from a canopy at the front and is currently being used as popular Italian restaurant Topo Gigio. The ground floor restaurant has an open seating area, leading to the bar area, that leads through to a fully functioning kitchen, with ancillary storage. WC facilities for the restaurant are located at the first floor. The basement commercial premises comprises a large open room, with bar area and WC facilities, which was previously used for private functions by Topo Gigio. The first floor residential one bedroom flat comprises of a living room, kitchen, bathroom and separate bedroom. The second floor residential one bedroom flat comprises of a living room, kitchen, bathroom and separate bedroom. The premises benefits from split access to the front, the commercial basement premises has a separate staircase leading down from the front and from inside. The first floor and second floor residential also have separated access from the ground floor commercial premises. To the rear of the premises there is additional ancillary storage and a yard that has access to a rear outbuilding that is currently being used as a workshop.

Contact:

Dawsons

Property Subtype:

Restaurant

Date on Market:

11/09/2023
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FAQs About Restaurants For Sale in Pontardawe

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How many restaurants are currently available for sale in Pontardawe?
There are currently 0 restaurant properties available for sale. Sizes range from to , with an average size of.
How much does restaurant property cost in Pontardawe?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Values are influenced by factors such as location, trading potential, fit-out quality, size and local demand.
What factors influence restaurant property values?
Location, footfall, visibility, accessibility, seating capacity, kitchen facilities, extraction systems and trading history can all influence value. Properties with established fit-outs or strong trading locations may attract additional buyer interest.
What sizes of restaurant property are available?
Available properties range from to , with an average size of. Opportunities may suit independent operators, expanding hospitality businesses and larger restaurant groups.
What should I consider before buying a restaurant property?
Important considerations include location, customer footfall, visibility, kitchen specification, extraction systems, storage space, licensing requirements, accessibility and future operating costs. Buyers should also assess the property's suitability for their concept and target market.
Can I buy a fully fitted restaurant?
Some restaurant properties are sold with an existing fit-out, including kitchen equipment, extraction systems, seating areas and customer facilities. Others may require refurbishment or a complete reconfiguration before opening.
Do restaurant properties require specific licences?
Depending on the intended operation, licences may be required for alcohol sales, late-night trading or entertainment. Buyers should verify existing licences and understand any local authority requirements before completing a purchase.
Can I change the use of a restaurant property?
Many restaurant properties fall within Use Class E, which may allow flexibility between restaurant, café, retail, office and other commercial uses. However, any proposed change should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review planning permissions, licences, title documents, building condition reports, environmental matters and any existing operational infrastructure. Professional legal and surveying advice is recommended before proceeding.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance, refurbishment works and any upgrades required to meet operational or regulatory standards.
Can restaurant properties be attractive investments?
Restaurant properties can generate income through occupational leases and may benefit from strong locations with consistent customer demand. As with any investment, buyers should assess tenant quality, lease terms, local market conditions and long-term growth prospects.

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