Established tapas business with strong growth potential for hands-on operators.
Seating for 60 in main restaurant area
Riverside tiered garden with seating for about 36
Freehold Victorian building with stone and brick facade
Owners' accommodation over multiple floors with separate access
Operates below VAT threshold—significant income upside
Currently limited trading hours; needs extended opening to grow
Located in a very deprived area which may affect local spend
Large plot with potential for further development or use
Set on Clydach High Street, this freehold riverside restaurant and tapas bar occupies an attractive Victorian former bank with accommodation across four floors. The main dining room seats 60, supported by a galley kitchen, service counter with pizza oven and a tiered riverside garden seating for about 36. A substantial owners’ flat with separate ground-floor access provides flexible living or staff accommodation.
The business has traded since 2018 and currently operates as a Mediterranean tapas bar with scope to expand trading hours, menus or event catering. It deliberately trades below the VAT threshold, presenting clear upside for a new operator aiming to increase turnover and profitability. The location benefits from excellent mobile signal and fast broadband, and is within easy reach of the M4 and Swansea.
Buyers should note the site sits within a very deprived local area, which can affect day-to-day footfall and spending patterns. Trading has been limited by current opening hours and the owner’s choices, so immediate marketing and extended hours would be required to realise revenue potential. The property has retained period features but will suit an owner-operator prepared to invest in fit-out and commercial promotion to grow trade.
This offering will interest investors or hands-on operators seeking a freehold hospitality business with riverside appeal, established fixtures, and clear development prospects. The combination of separate accommodation, large plot and versatile internal space makes it adaptable for a variety of food and beverage concepts.
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