Refurbished Restaurant with Rooms Plus Four Bed House For Sale - Nelson, CAERPHILLY, Gwent, United Kingdom

Asking price: £625,000

Sales revenue: £180,000

Fixtures value: £NaN

Inventory value: £10,000

Business description: Imposing Edwardian, former village police station & adjacent 4-bed Sergeant’s house. The former police station has been sympathetically converted & recently refurbished into a 4-Star (WTB-VisitWales & AA), Licensed, 50-cover Restaurant & Lounge Bar (£115,000 Annual gross income)with Self-contained, 4-Star, Ensuite Guest Accommodation (£65,500 Annual potential income).

Years established: 10

Employees: 9

Trading hours: Wed., Thurs., Fri., Sat. - 6pm to midnight and Sunday 12 - 4pm

Property : Freehold

Living accomodation: The adjoining proprietor’s residence (formerly the Sergeant’s house) consists of a large lounge, dining room, kitchen, 2 bathrooms, a fully-fitted office & 3 spacious bedrooms. The self-contained Guest Accommodation, consisting of a further 3 ensuite rooms, is accessible from the proprietor's residence and therefore this property could quite easily be converted into a hotel or care home.

Location: The premises is located in a delightful village in a large off road detached plot with secure parking facilities and enjoys close proximity to national cycle track/countryside/hills/coast. Excellently situated for trade & tourism near a main link road, only 5/10 mins from the historic town of Caerphilly – with the second biggest castle in the UK; 25 mins (approximately) from Cardiff, Capital City of Wales & 25 mins (approximately) from the Brecon Beacons National Park.

Expansion potential: The restaurant currently opens only 4 evenings per week and Sunday lunchtimes. There is therefore excellent expansion potential by increasing evening opening hours. There are a number of large office blocks in a 3 mile radius which could also offer the potential for lunch trade. The building would lend itself quite easily to conversion into a hotel, a care home or a house & 2 large self-contained flats.

Competition / Market: Our Four-Star 'Restaurant with Rooms' is one of only 13 such businesses in the whole of Wales. It is therefore relatively rare and is also unique because of the premises. We are the only premises in the locality offering four-star accommodation & fine dining.

Support & training: As necessary

Reasons for selling: Retirement.