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Create Alert Results - 5 Licensed & Leisure properties for auction .

New
Features
Ideal development opportunity
Potential to convert to holiday studios (STP)
Potential for conversion to 7 bedroom hotel plus restaurant (STP)
Drawings available for 7 bedroom hotel plus restaurant conversion
Close to Snowdonia National Park
Close to other local amenities
Excellent transport links
Freehold

Location
The highly desirable small town of Blaenau Ffestiniog Blaenau Ffestiniog, North Wales is located on the edge of the Snowdonia National Park boundary. The property occupies a prominent position on the high street, with nearby amenities including; a good range of independent local shops along with a Coop store and various eating outlets.
Due to its location and close proximity to Snowdonia National Park, Blaenau Ffestiniog is particularly attractive to a range of tourists including walkers, cyclists and bikers. In addition, the Blaenau Ffestiniog railway that provides stunning views of the best of Snowdonias scenery is within a five minute walk from the property.
The famous town of Betws-y-coed is just a short drive from the property and the larger town of Porthmadog is easily reached with 20 minutes.

Description
This large detached property is of traditional stone construction with a Welsh slate roof. The property is laid out over four floors including a good sized basement, a ground floor bar area and bedrooms to the first and second floor.
The current owner has highlighted that subject to planning and following a program of improvements and refurbishment the property could easily be utilised as a hotel / restaurant with the kitchen being cited in the basement, the ground floor being utilised for seating and the upper floors being seven bedrooms.
Alternatively, given the size of the property, subject to the necessary planning consents, and following a program of refurbishment, 10 self contained, self catering, holiday studios could be achieved.

Investment Analysis
Should the property be utilised as a hotel / restaurant the income achievable will be dependant on the quality of the food and finish of the rooms. Should the property be converted to holiday studios the around £40-£50 per night can be expected to be achieved per room.

Accommodation
325m2 (3,500ft2) – Measurements taken from Promap.

Services
The property is connected to mains gas, electricity, water and drainage. Services have not been tested, so interested parties are advised to carry out their own investigations.

Business Rates
The premises currently have a rateable vale of £8,000 pa

Viewing
To arrange to view the property please contact a member of the John Pye Property team on 0115 970 6060

Guide Price
£45,000+

Buyers Premium
2% (min. £2,500) plus VAT
The Commercial, Commercial Square, Blaenau Ffestiniog, LL41 3HP
Substantial Former Public House In Sought After Tourist Location - Ideal development opportunity
Type: Hotel, Pubs/Bars/Clubs, Licensed & Leisure
Location: The Commercial Commercial Square, Blaenau Ffestiniog, LL41 3HP
Images: 11
Brochures: 1
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Landmark Sheffield property
Grade II Listed former Coaching Inn dating from 1752
Approximately 398 square metres of accommodation (4,282 square feet) on three levels
Prominent freehold site of approximately 490 square metres
Requires complete restoration following floor damage
Close to the proposed new ski site development
Accommodation

Ground Floor
173 square metres gross internal floor area comprising open plan former trading area

First Floor
118 square metres gross internal floor area comprising seven main rooms

Second Floor
118 square metres gross internal floor area comprising seven room

The Site
The property stands in a site of approximately 490 square metres (0.12 acres) with vehicular parking and two storey former Victorian stables. Bottle shed kitchen extension

Tenure
Freehold

Planning
Interested parties are advised to make their own enquiries in respect of possible schemes

Viewing:
By appointment with Jake Bond
jake@markjenkinson.co.uk
07715 214 572

Note: The property is in a very poor state of repair and interested parties are advised to exercise caution whilst viewing
There are a number of loose floor boards to the second floor in particular
There is no power - a torch will be required
Farfield Inn, 376, Neepsend Lane, Sheffield, S3 8AW
PUB - DEVELOPMENT OPPORTINITY
Type: Pubs/Bars/Clubs, Licensed & Leisure
Location: Farfield Inn, 376 Neepsend Lane, Sheffield, S3 8AW
Size: 398 Sq M
Images: 10
Brochures: 1
View Property
*THIS PROPERTY IS STILL AVAILABLE AT £225,000 - PLEASE CONTACT THE AUCTIONEER FOR MORE DETAILS*

Location
The property is located in a prominent commercial position close to the centre of Wigan, adjacent to a Tesco supermarket and filling station, a large multi storey car park and approximately 1/3 of a mile from the Grand Arcade shopping centre. The building lies at the intersection of Powell Street and Hilton Street.

Description
Two storey premises currently trading as a sports bar and snooker hall. At ground floor the premises are arranged as bar area to the front, with snooker hall areas at the rear and also at first floor level. The property is let at £25,000 per annum for a term of 10 years from 1st January 2016.

Accommodation
The following approximate floor areas have been taken from the VOA website:

Ground Floor: 375 sq m (4,038 sq ft)
First Floor: 187 sq m (2,012 sq ft)
Site Area
Approximately 242 sq m (290 sq yds).

Tenure
The property is Leasehold for a term of 999 years from 9th May 1924.

Planning
Interested parties should consult direct with the Local Planning Office, Wigan Council, Planning & Transport, Places Directorate, PO Box 100, Wigan WN1 3DS. planningrepresentations@wigan.gov.uk.

Tenancy
The property is subject to an FRI lease commencing from the 01/01/2016 at a current rent reserved at £25,000 pa with 5 yearly reviews and a tenant break on the 5th anniversary subject to a 12 month notice.

General
Energy Performance Certificate = G.

VAT
VAT is payable in addition to the purchase price unless the sale can be treated as the transfer of a going concern.

Solicitors
BTMK Solicitors Limited, Madison House, 100 Alexandra Road, Southend-on-Sea, Essex, SS1 1HQ.
Tel: 01702 339222. E-mail: ian.powell@btmk.co.uk.
Contact: Mr Ian Powell.

Addendum
The property lies adjacent to Lot 15. The property is Leasehold for a term of 999 years from 9th May 1924. VAT is payable in addition to the purchase price unless the sale can be treated as the transfer of a going concern. The property is occupied by way of a lease commencing on 14th July 2015 and ending on and including 13th July 2025 at an annual rent of £25,000. The lease refers to a break date of 14th July 2020.
21, Powell Street, Wigan, WN1 1XD
two storey premises currently trading as a sports bar and snooker hall let at £25,000 per annum
Type: Leisure Property, Pubs/Bars/Clubs, Licensed & Leisure
Location: 21 Powell Street, WN1 1XD
Size: 562 Sq M
Images: 7
View Property
*THIS PROPERTY IS STILL AVAILABLE - THE LAST BID WAS £175,000 AND IS AVAILABLE AT £180,000 - PLEASE CONTACT THE AUCTIONEER FOR MORE DETAILS*

Freehold
RFC ground rent investment
61 years to reversion
Review in 5 years
Producing £8,250 per annum
Development potential

Upon the instruction of
Merthyr Tydfil County Borough Council

Addendum
Merthyr Rugby Club, Dynevor Street, Merthyr Tydfil
It is stated in the catalogue that the Council is selling the freehold, they are selling the both the freehold and leasehold titles.

LOCATION
Merthyr Tydfil is a busy commercial town located a the southern edge of the Brecon Beacons National Park, and within the junction of the A465 Heads of the Valleys dual carriage way link to the A40 and M50 to the east, with the A470 dual carriage way link to the M4 and Cardiff 20 miles to the south. Merthyr Tydfil has a population of some 52,000 with a busy town centre as well as an edge of town retail park anchored by Marks & Spencer and a large new development by the Trago Mills Group. The property occupies a prominent corner location in the town centre with long road frontages to Penry Street and the Aberdare Road.

TENURE
Freehold

VAT
Refer to the legal documentation

ENERGY PERFORMANCE CERTIFICATE
See website

DESCRIPTION
Merthyr RFC is well established having been one of the original 12 clubs who founded the Welsh RFU. The property comprises a large club house and entertainment venue arranged mainly on the ground floor beneath a high sloping tiled roof. On the first floor is a two bedroom flat. There is good hard standing around the building with an overall site area of 38,000 sq ft (3,530.20 sq m). The club house is some distance from the main playing pitches.
Merthyr Rugby Club,, Dynevor Street, Merthyr Tydfil, CF48 1BA
Freehold RFC ground rent investment producing £8,250 per annum
Type: Flat, Leisure Property, Pubs/Bars/Clubs, Residential, Licensed & Leisure
Location: Merthyr Rugby Club, Dynevor Street, Merthyr Tydfil, CF48 1BA
Size: 8200 Sq Ft
Images: 4
Brochures: 1
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New
*THIS PROPERTY IS STILL AVAILABLE - PLEASE CONTACT THE AUCTIONEER FOR MORE DETAILS*

Features
20 Bedroom Guest House - Freehold
Busy location
Current Income £200,000+ pa
Current running costs approx. £52,500 pa
Profit £147,500 pa
Net yield of 18.55% - before purchase costs
Rooms mainly let to contract workers and daily lets
Freehold

Location
The property is located on the eastern side of Ledgers Road in the popular town of Slough in Berkshire.

Slough town centre is located just an 8 minute walk from the property and hosts a good range of amenities including a well-stocked high street, banks, a health centre.

The M4 motorway is located close to the property and as such provides easy access into central London and the west. As a result, Slough is popular with commutors and contract workers and Crossrail is due to open in 2019.

Heathrow airport is also located just 10 miles to the west of the property, making it an ideal location for airport staff and passengers alike.

Description
The property is spread over two floor and consists of 20 lettable rooms, a reception and a storage area, there is adequate car parking onsite. There is also potential to add a further 8 studios to the property.

All rooms are fully furnished and comes complete with all fixtures and fittings.

Investment analysis
We are informed by the vendor that currently the property is generating an income of £200,000+ pa, operating costs including wages, water, electricity and business rates are £52,500 pa. This allows for a profit of £147,500 representing a yield of 18.55%

Tenure
Freehold

Business Rates
£5,500 pa

Guide Price
£795,000+

Buyers Premium – 2% + VAT (minimum £2,500 plus vat)
45, Ledgers Road, Slough, SL1 2RQ
20 Bedroom Detached Guest House - Currently Producing Approx. £200,000+ pa – Good Occupancy Levels
Type: House, Hotels, Residential, Licensed & Leisure
Location: 45 Ledgers Road, SL1 2RQ
Images: 1
View Property
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