Summary - 8, CWRT Y CASTELL, CASTLE STREET LL20 8NY
1 bed 1 bath Restaurant
**Standout Features:**
- Established restaurant with strong reputation (top-rated on TripAdvisor)
- Prime location on a busy commercial high street in Llangollen
- Current net sales approximately £500,000 per annum
- Additional business potential with adjoining children's play area for private events
- Leasehold property with 5 years remaining on the lease
- Full Premises Licence in place
**Concerns:**
- Short lease may hinder mortgage options for buyers
- Property situated in an area with above-average crime rate
- Local area described as "very deprived"
Nestled in the picturesque market town of Llangollen, Denbighshire, this mid-terrace Victorian commercial property presents a unique investment opportunity for aspiring restaurateurs or buyers looking to capitalize on a bustling trade location. Currently operating as S&G Bistro, a highly-rated restaurant known for its expansive all-day menu, the property boasts impressive net sales of approximately £500,000 per year, indicating strong financial performance and robust customer engagement.
This property benefits from a prominent high street presence with high foot traffic, amplified by a neighboring bookstore and a soft play area, ideal for hosting private functions or expanded services. The commercial space features large, tall-ceilinged rooms with a modern bar setup, maintaining a comfortable atmosphere for diners.
While the property offers substantial potential for growth, it is important to note that prospective buyers may face challenges with financing due to the limited remaining lease duration. Additionally, the local area's elevated crime rate and classification as very deprived require potential owners to be vigilant about community considerations.
Priced attractively at £225,000 for the leasehold including goodwill, this property offers an enticing opportunity for those willing to embrace its unique advantages and navigate its challenges in a desirable tourist town.
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