A freehold detached established Town Centre fully licensed Restaurant located close to the heart of Llanelli Town Centre. The current owner has been trading for over 20 years. We have been informed that the average gross turnover is £300,000 over the last 3 years. The property has been significantly refurbished and fitted recently and includes a seated restaurant offering around 120 covers with well presented booths and seating areas, fully licensed bar and serving area, fully fitted and equipped commercial kitchen and large stores, male/female/disabled toilet facilities.
Externally the property occupies a large site of around 2018sqm. The site has a large car park and has excellent scope for extending or re-development subject to planning.
Recently refurbished and well presented with covers for approximately 120, includes fully licensed bar area and seating/waiting area.
Modern finish, well maintained, mens/ladies/disabled separate toilet facilities.
Fully equipped commercial kitchen.
Store Room/ Office
Large store room with office attached. Access to front yard and carpark.
Large car park to front with side and rear garden areas.
The total site is approx 2018sqm Gross.
The total gross area of the building is 362sqm.
The total gross area of the car park is 1281sqm.
The area is well positioned for trade and customers within the Llanelli Town Centre as well as the satellite villages surrounding Llanelli into Loughor/Gorseinon Swansea.
The property is popular with customers due to the ease of parking and large internal space for parties.
The building is located with good access to the millennium coastal path, local retail shopping centre in Park Pemberton as well as the centre of Llanelli which is under a mile away.
The property is located on a road which has good bus links and the train station is under a mile away.
There are plans to improve the area further with a new office space/cafe facilities being developed locally and the new health and well being village being located close by.
Within the asking price the vendor is offering £100,000 for the 18 years of goodwill of the established business and fully equipped and trading.
The site is considered to be large and has future scope for re-development subject to planning to residential or other commercial uses.