Summary - SY23 SY23 Pier Street, Aberystwyth, Ceredigion, Mid Wales, SY23 SY23 2LJ
2 bed 1 bath Restaurant
**Standout Features:**
- Award-winning fine dining restaurant and nightclub in the heart of Aberystwyth.
- Exclusive outdoor courtyard area for additional dining and socializing.
- Proven revenue potential with historic takings of £1.3 million net of VAT prior to partial closure.
- Owner's flat with two double bedrooms and en-suite bathrooms above the restaurant.
- Prominent location in a vibrant, cosmopolitan student neighborhood.
**Notable Concerns:**
- Historic building may require ongoing maintenance; high crime rate in the area.
- Average broadband speeds and proximity to various amenities may present additional traffic and noise.
Situated in the bustling university town of Aberystwyth, this award-winning property combines a fine dining restaurant that earned a Michelin star in 2022, with an established nightclub that has been a nightlife staple for nearly three decades. The ground floor features a chic cocktail bar, leading to a stylish restaurant accommodating 28 diners and a well-equipped kitchen. Above, the owner's flat offers a spacious kitchen/diner and two comfortable bedrooms with en-suites, providing both functionality and comfort.
The exterior showcases a charming covered courtyard that seats 32 guests, ideal for al fresco dining, enhancing its appeal for both locals and tourists. This unique property holds a strong rental potential, catering to a diverse clientele of students and holidaymakers, ensuring vibrancy throughout the year. While the area has a high crime rate, its exceptional location in the heart of a thriving hospitality hub offers potential for growth and investment. Don’t miss this unique opportunity to own a piece of Aberystwyth’s vibrant culture with multiple revenue avenues!
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