Bangor, Gwynedd, LL57

If you were seeking a prime investment opportunity in the license trade, we would highly recommend that you view this outstanding Irish themed public house that is prominently located in the heart of the student district of the university city of Bangor, and is very popular among the student population. Patrick's Bar is well-established premises which generates a very respectable turnover. The two commercial kitchens offer plenty of scope for developing the business further. The building offers potential as Air B&B, subject to consents.

In 1998, the present owner purchased this Grade II listed building, and has since carried out a complete program of modernisation, making updates as necessary from year to year.

Patrick's Bar is licensed to hold 100 adult persons and open Sunday, Monday & Tuesday 8am - 2am Wednesday & Thursday 8am - 2.30am Friday & Saturday 8am - 3am

The well-proportioned accommodation, which is laid out over 4 floors, offers good potential for Air B7B (subject to consents), and includes at the basement level a large cellar with a Storage Area, Tap Room and Delivery Space with an Electric Lift, while the ground floor provides the Bar Area, along with Male & Female Toilets and various Storage Rooms. The first and second floors include separate accommodation for Live in Staff and the Manager. On the first floor, the live in staff have a Shower Room with a separate WC, while the manager has an Office, a Sizeable Lounge, a Fitted Kitchen, a Commercial Kitchen and Preparation Room. 2 Double Bedrooms for Live in Staff, in addition to 4 Double Bedrooms and a Family Bathroom for the Managers Accommodation can be found on the second floor.

The owners now feels that after 20 years, he would like to relax and spend more time with his family and friends, and has therefore decided to pass the business on to a new generation of entrepreneurs in order to bring fresh ideas and realise the huge untapped potential that this business still offers.

Accommodation
The premises provide the following approximate areas/dimensions:-

Accommodation
Cellar 13.09 / 141Ground Floor Bar 41.75 / 449Mens Toilet 8.44 / 91Ladies Toilet 5.10 / 55Hall Store 8.45 / 91Store 2.06 / 22Store 15.7 / 169First Floor Office 13.26 / 143Lounge 23.01 / 248Kitchen 10.7 / 115Kitchen 19.02 / 205Commercial Kitchen 6.62 / 71Prep Room 6.68 / 72Second Floor Bedroom 14.00 / 151Bedroom 10.97 / 118Bedroom 9.17 / 99Bedroom 6.80 / 73Bedroom 12.7 / 136Bathroom 6.19 / 67Overall 233.7m2 / 2516ft2

Rates
We understand from our enquiries of the VOA website that the premises are assessed for Rates as follows:-Rateable Value (2017) £10,000Rates Payable £4,990Interested parties to make their own enquiries as to any rate relief that may be applicable.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.

Legal Costs
Each party will be responsible for their own legal costs incurred in this transaction.

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

Disclaimer
Dafydd Hardy Estate Agents Limited for themselves and for the vendor of this property whose agents they are give notice that: (1) These particulars do not constitute any part of an offer or a contract. (2) All statements contained in these particulars are made without responsibility on the part of Dafydd Hardy Estate Agents Limited. (3) None of the statements contained in these particulars are to be relied upon as a statement or representation of fact. (4) Any intending purchaser must satisfy himself/herself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (5) The vendor does not make or give and neither do Dafydd Hardy Estate Agents Limited nor any person in their employment has any authority to make or give any representation or warranty whatever in relation to this property. (6) Where every attempt has been made to ensure the accuracy of the floorplan contained here, measurements of doors, windows, rooms and any other items are approximate and no responsibility is taken for any error, omission, or mis-statement. This plan is for illustrative purposes only and should be used as such by any prospective purchaser. The services, systems and appliances shown have not been tested and no guarantee as to their operability or efficiency can be given. Floorplans made with Metropix 2007.

Directions
From our Bangor office, proceed along the high street, bearing right at the traffic lights, passing the railway station on your left and Morrison's Supermarket on the right Carry on for about 300 yards, where you will find the property on your left hand side adjoining the Post Office and The Ty Pizza Takeaway.