Hole In The Wall Street, Caernarfon, North Wales
£25,000

Commercial, North Wales: 01286 67 67 60

Full description

BUSINESS FOR SALE. LEASEHOLD PREMISES Thriving Ground Floor Bistro Restaurant Pedestrianised location within the castle walls Ancillary Accommodation to upper floors - would suit owners accommodation subject to planning consent. Established and successful business available due to owners retirement Lunchtime and Evening Trade With Potential for Extended Opening Hours Viewing is considered essential to fully appreciate the potential and location

LOCATION
Hole in the Wall Street is located within the historic 13th century castle walls in a part of the town which has some very interesting architecture and narrow side streets featuring a fascinating range of independent retailers, cafés, bistro bars and restaurants. Just a short walk is the main town square and a good range of high street shops too, not the mention the main focal point of the castle. Situated on the banks of the Menai Strait, there’s much to see and do regarding ‘messing about in boats’ with maritime and marina facilities readily to hand, fishing and crabbing opportunities for youngsters and even pleasure rides along the tidal waters of the Strait. Caernarfon boast a number of schools and leisure facilities which include gymnasium facilities, swimming pool, a thriving theatre, indoor karting and climbing. The town is also a main hub for public transport - the excellent road network allows for easy travel into the university city of Bangor and the area's beauty spots such as the mountains of Snowdonia and the nearby coastline with its numerous coves and fine sandy beaches.

DESCRIPTION
BUSINESS FOR SALE. LEASEHOLD PREMISES
Thriving Ground Floor Bistro Restaurant
Pedestrianised location within the castle walls
Ancillary Accommodation to upper floors - would suit owners’ accommodation subject to planning consent.
Established and successful business available due to owners retirement
Lunchtime and Evening Trade With Potential for Extended Opening Hours
Viewing is considered essential to fully appreciate the potential and location

ACCOMMODATION
Restaurant 24.92 m2 268 ft2
Kitchen 12.6 m2 135 ft2
First Floor
Room 1 13.33 m2 143 ft2
Room 2 14.04 m2 151 ft2
Second Floor
Room 3 8.81 m2 94 ft2
Room 4 9.68 m2 104 ft2
Kitchenette 2.79 m2 30 ft2
Overall 86.17 m2 925 ft2

OUTGOINGS
We understand from our enquiries of the VOA website that the premises are assessed for Rates as follows:-
Rateable Value £2,950
Dafydd Hardy gives no warranty that the values supplied or the sums of money expressed as being payable are accurate and the assignee should make their own enquires with the Local Rating Authority to confirm the figures quoted are correct.

VAT
Prices, outgoings and rentals are exclusive of, but may be liable to, VAT.

LEGAL COSTS
Each party will be responsible for their own legal costs incurred in this transaction.

OTHER
MONEY LAUNDERING REGULATIONS
We are obliged to verify the identity of any proposed purchasers/tenants once a sale/let has been agreed and prior to instructing solicitors. This is to help combat fraud and money laundering. This is a legal requirement.

EPC
EPC Rating TBC. A full copy of the report is available from the selling agents or:
https://www.ndepcregister.com/