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Riverbank Restaurant, High Street, Clydach, Swansea, West Glamorgan, SA6 5LG

£245,000

Business rates & charges may apply

Sidney Phillips Limited, Wales
SIZE

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SECTOR

Restaurant for sale

USE CLASSUse class orders: A3 Restaurants and Cafes

A3

Key features

  • Riverside restaurant & tapas bar
  • Busy High Street location
  • Well appointed restaurant (60)
  • Riverside garden (36)
  • Spacious three bedroom flat
  • Established business with scope for development

Description

Restaurant & Tapas Bar which has been developed from a former Lloyds Bank building, offering accommodation over four floors and with the benefit of a riverside garden.

Clydach is a sought after residential village in the Swansea Valley, approximately one mile north of the M4 motorway and six miles Swansea City Centre. The village is also within 30 minutes' drive of the heart of Brecon Beacons National Park.

The Riverbank Restaurant & Tapas Bar has been developed from the former Lloyds Bank building, an impressive riverside property of stone and brick construction under a pitched slate roof. It offers accommodation over four floors and has the benefit of a riverside garden. The current business was developed by the owner in 2018 and has been successful, despite the Covid-19 Pandemic. The business currently offers a Mediterranean restaurant, but would suit all styles of food and beverage operation.

TRADE AREAS
MAIN RESTAURANT, a comfortably furnished room with part stripped wood, tiled and carpeted floor. Seating for 60. SERVICE COUNTER with Pizza Oven to the rear. Galley style CATERING KITCHEN leading directly from the service counter. LADIES, GENTLEMENS & DISABLED TOILETS.

LOWER GROUND FLOOR : Old Chubb "bank vault" utilised as a STORE ROOM. Second CELLAR with storage.

OWNERS ACCOMMODATION
FIRST FLOOR : KITCHEN having fitted units and tiled floor. Access to rear balcony. Spacious LOUNGE/DINING ROOM with double aspect and French doors to roof patio garden. BEDROOM 1 (double), BEDROOM 2 (double-currently utilised as an office). BATHROOM. Separate ground floor access from the front of the property leading directly to the flat, allowing it to be operated independently.

SECOND FLOOR : Large ROOM (SECONDARY LOUNGE or BEDROOM).

EXTERNAL
To the rear is a RIVERSIDE GARDEN with steps down from the man building to a tiered garden area having seating for about 36. Small disused garden area beyond.

The business currently operates as a Mediterranean restaurant and tapas bar to the local community and further afield into Swansea and the surrounding area. It was developed by the current freeholder and is operated to suit his needs. The business currently closed Sunday to Tuesday and opens Wednesday to Friday 6pm to 9pm, Saturday 12 noon to 9pm. Through personal choice the business trades below the VAT threshold and offers huge potential to new owner/operators to increase both trading times and income/profitability.

Riverbank Restaurant, High Street, Clydach, Swansea, West Glamorgan, SA6 5LG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Llansamlet Station2.4 miles
  • Skewen Station3.2 miles
  • Neath Station4.5 miles

About Sidney Phillips Limited, Wales

Shepherds Meadow, Eaton Bishop, HR2 9UA

Sidney Phillips Limited, Wales

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehol

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Notes

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Disclaimer - Property reference 94932. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sidney Phillips Limited, Wales. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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