Freehold Public House & Restaurant & Hotel located in the village of Cwm-twrch Uchaf, Swansea. Established over 100 years. Parking for (24) and external covers for (25).
Veritas Business sales are delighted to offer for sale this immaculately presented Public House/ Restaurant and Hotel which is located in the picturesque village of Cwm-twrch Uchaf. The business has been established for over 100 years and has been in the careful hands of our client for the past 31 years. The business is now reluctantly being offered for sale due to other business commitments.
Since ownership they have completely refurbished both the commercial and residential aspects of the property to a very high standard, continually investing in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price, which means that any new purchaser will not need to spend any additional funds for some time. The Quality of the refit and contents are exceptional. The New Tredegar Arms is managed owner operated with the help of 3 full time and 1 part time along with 5 casual members of staff and has a weekly turnover of £6,000 to £8,000, the split between wet and dry sales is 30% Drink, 70% Food. The turnover is walk in trade, this primarily is Local support from the village and surrounding areas, but people also travel from afar due to the reputation of the pub and food over the years. As an added bonus every two weeks on a Friday evening they cater for 42 covers from support from local businesses, Sunday Lunches are between 200 and 250 covers every week. When available they try to serve locally sourced products and the main menu ranges from Steak and Grills to homemade favourites such as Curries, Lasagne, Homemade pie of the day, fresh Fish is also on the menu, the menu caters for all food allergies and there are always Vegan and Vegetarian options, early Lunch menus also offer a varied and comprehensive choices from hot food to sandwiches and baguettes.
The business has a strong reputation within the local community and beyond and as such has a high level of regular repeat trade along with plenty of passing trade and Tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this one is not to be missed.