No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Offers in excess of£450,000
Added > 14 days

Leisure facility for sale

Parkers B&B and Restaurant, 1 Short Bridge Street, Y Drenewydd, SY16 2LW
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Leisure facility
0 bed
0 bath
3,622 sq ft / 337 sq m

Property description & features

  • Tenure: Freehold
  • 70 cover licensed restaurant
  • 5 star local authority hygiene rating
  • Music/entertainment licence
  • All fixtures & fittings are included in the sale
  • 8 ensuite bedrooms
  • 5 star B&B award
Description
A prominent attractive three storey property that is arranged to provide a ground floor restaurant with 8 high quality letting rooms to the upper two floors, which benefit from a self contained entrance or access from the restaurant area.

The well presented ground floor licensed restaurant has a Total Net Internal Floor Area of approximately 1,091 sq ft (101.35 m sq) offering capacity for up to 70 covers. This leads to a breakfast room, used by the B&B, which provides a Total Net Internal Floor Area of approximately 302 sq ft (28.05 m sq). The property also benefits from a commercial kitchen with a Total Net Internal Floor Area of approximately 382 sq ft (35.48 m sq), ancillary facilities and WCs. The restaurant has a music/entertainments licence. There is an area that can provide 2 off street car parking spaces to the rear of the property. The property is of traditional construction with an attractive glazed shop frontage and is fully fitted out for its current use.

The business is only reluctantly offered for sale due to the retirement of the owners.

Location
The property is prominently located in the town centre of Newtown fronting onto Shortbridge Street. The property is located within proximity to all local amenities. The surrounding occupiers include Greggs, HSBC, The Lion and Costa.

The town of Newtown continues to see residential and commercial growth and is set in the backdrop of attractive countryside with numerous lovely walks assisting tourist trade.

Newtown is an established market town and administrative centre with a significant catchment area, which is located approximately 33 miles south west of Shrewsbury and approximately 13 miles west of the town of Welshpool. The town is situated on the River Severn at the junction of the A489 and the A483.

Property information from this agent

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    Halls Commercial provides a range of specialist commercial property services to clients of all sizes across the UK. We have a comprehensive knowledge of our markets developed over many years operating in this sector. Our service is forward thinking, personal and professional, designed to achieve the best results for our clients whatever their requirements. Although we operate nationwide, we retain a particular emphasis on the Midlands. Agency Services Our commercial agency team are on hand to offer friendly advice and market appraisals, helping you buy and sell commercial property throughout Shropshire, Worcestershire, Mid Wales, the West Midlands and beyond. We advise investors and developers on selling and acquiring commercial property, while also assisting with the acquisition of new premises or disposing of unwanted space. From offices and retail to industrial and leisure-based properties, we can guide you through the sale of all types of commercial property. Offering advice at every stage, we will help you find the best route to market and give you advice on how to attract the right buyers. We can also give guidance on development land, whether owner occupied or held as an investment. With strong links to buyers, our skilled and knowledgeable team are on hand to advise from start to finish. This includes guidance on any works required prior to sale, including applications for planning consent, refurbishment programmes and tenant disputes. Management Services Offering a strategic approach, we always have your future needs in mind. Whether you’re an experienced landlord or a one-off investor, we understand that your priority is to increase the value of your investment while minimising void periods and building a strong tenant profile. Working closely with our in-house marketing and PR team, we have a comprehensive tenant vetting process to help minimise your risks. If you’re looking to expand your commercial property portfolio, we will take the time needed to gain a full understanding of your needs and match you with properties suited to your business requirements within your timescales. Professional Property Services Halls Commercial is a team of RICS Registered Valuers with professional indemnity insurance cover of £10 million. As you would expect we are on the valuation panels of most of the major banks including Barclays, Lloyds, Royal Bank of Scotland, HSBC, NatWest, Handelsbanken, and Clydesdale. Our experienced team of valuers operates in accordance with RICS Valuation Standards (Red Book), International Financial Reporting Standards (IFRS) and UK GAAP and alongside the years of experience across our Commercial team, our valuations are backed by the latest valuation and appraisal software.

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    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

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    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

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    *Call rate information

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