Railway Inn Draft details

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For sale Railway Inn Penclawdd Gower Swansea SA4 3YE

08449 02 03 04 gva.co.uk

Railway Inn

Highlights 

Gower Peninsula opportunity

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Unobstructed estuary views

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Restaurant (62)

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Five en suite guest bedrooms

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Lounge/bar (20)

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Front and rear beer gardens

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Recently rebuilt to a high standard

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Superb opportunity

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Energy rating - C

Overview The Railway Inn is an attractive detached property situated in a prominent roadside position in a sought after village in the Gower. The premises have recently been rebuilt and refurbished to a high standard and is presented in excellent condition and ready to trade.

Location The Railway Inn is located in a prominent position overlooking the Lougher Estuary in the sought after village of Penclawdd on the Gower Peninsula. The pub occupies an enviable position adjacent to a large, free public car park and a children's play area The Gower is designated as an Area of Outstanding Natural Beauty.and is one the most popular tourist destinations in Wales. The area attracts visitors all year round with excellent Blue Flag beaches (including Rhossili Bay, recently named Europe’s best beach), woodlands, stunning countryside and sites of historic interest. The village of Penclawdd is situated in the North of the Gower Peninsula and is a sought after residential area being

approximately 8 miles from Swansea, the second largest city in Wales.

Internal details The Railway Inn offers a number of attractive public and trade areas across the ground and first floor. To the ground floor there is a stylishly presented lounge bar (20) with feature bar servery and log burner, an open plan restaurant with bar servery and access to front and rear beer gardens (62). In addition to the trade space there are customer toilet facilities, reception area for the guest rooms and a range of ancillary accommodation including a well equipped commercial kitchen, office, staff toilet and cellar with rear access to the service yard. The guest accommodation is located on the first floor.

Guest accommodation There are five well proportioned double en-suite guest bedrooms. All of the rooms are presented to a good standard with three of the rooms benefitting from balconies overlooking the estuary.

Owners accommodation There is a small single room that can be utilised for owners accommodation. There is also potential to create more spacious owners accommodation by reconfiguring the guest bedrooms or potentially converting the outbuilding to a stand alone studio apartment.

External details The pub is situated in a generous well proportioned plot with a large enclosed tarmacadam frontage that could be used to provide external customer seating or used for additional retail space (ice

creams, cream teas etc) or potentially for parking if required. To the rear of the premises there is an attractive beer garden with lawned area and patio. There is also a stand alone outbuilding currently used for storage that could potentially be converted to owners or guest accommodation (subject to any necessary planning consents) and an enclosed service yard.

Business opportunity The Railway Inn has been traded by a tenant under an informal tenancy agreement between May 2016 and August 2017 during which time it enjoyed excellent levels of trade. The premises are located next to the site used by the local community to host the ever popular “Festival of the Tides” which attracts excellent levels of visitors as well as an annual funfair. Although currently closed the pub is ready to trade immediately with all trade fixtures and fittings included in the sale. The Railway Inn represents a rarely available opportunity for an experienced operator or commercially minded individual to take advantage of the superbly appointed trade space and excellent location.

Trading information We have been informed by our client that EPOS information for the 15 month period May 16 to August 17 shows that the pub enjoyed gross sales of approximately £585,000.

Although any prospective purchaser should make their own assessment of the likely achievable turnover and profitability.

Fixtures & Fittings We have been advised that trade fixtures and fittings are owned by our clients and are included in the sale.

Premises Licence A premises licence is held for the supply and sale of alcohol .

Staff The premises are currently closed.

Fire Risk Assessment We have assumed that a suitable and sufficient fire risk assessment has been carried out under the Regulatory Reform (Fire Safety Order 2005).

Business Rates The rateable value is £22,000 from April 2017.

Asking Price We are inviting offers in the region of £395,000 plus VAT for the freehold interest incorporating trade fixtures & fittings and any inherent goodwill. A schedule of fixtures & fittings will be made available to interested parties after a formal viewing of the premises.

Viewings Viewing arrangements are strictly by appointment through the Vendor’s sole agent GVA.

Railway Inn

For further information please contact: John Coggins LL.B (Hons) AssocRICS 02920 248902 [email protected]

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GVA One Kingsway, Cardiff CF10 3AN GVA is the trading name of GVA Grimley Limited an Apleona company. ©2017 GVA

GVA hereby gives notice that the information provided (either for itself, for any joint agents or for the vendors lessors of this property whose agent GVA is in this brochure is provided on the following conditions: (1) The particulars are set out as a general outline only, for the guidance of intending purchasers and/or lessees and do not constitute an offer or contract, or part of an offer or contract. (2) All descriptions, dimensions and references to this property’s condition and any necessary permission for use and occupation, and any other relevant details, are given in good faith and are believed to be correct. However, any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves of their correctness by inspection or otherwise.

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