OUTSTANDING DEVELOPMENT OPPORTUNITY PRIME SITE IN THRIVING COASTAL TOWN CENTRE MASSIVE POTENTIAL FOR HOTEL OR RESIDENTIAL DEVELOPMENT

£ 825,000
Tenure
Freehold
Description
A substantial licensed use site in this thriving coastal town centre situated almost equidistant between Cardiff and Swansea. Prime prominent site adjacent to the seafront. Lounge bar (50), public bar (100), function room (100), restaurant (50). Potential for 20 letting bedrooms or scope for residential apartments conversion. Same ownership past 20 years. Huge scope given size and location. Current bar trade alone over £350,000 pa excluding VAT.

The Premises & Trading Facilities
Large site with extensive licensed trading areas comprising a comfortable lounge bar for 50, public bar and games room for 100, a restaurant for 50 and a functions suite for 100 on the first floor. Private owners accommodation on upper floors. Massive scope for accommodation conversion.

Owners Accommodation
Extensive private accommodation comprising a large lounge, fitted commercial kitchen, snug lounge, 3 bedrooms and a bathroom.

Address
52 New Road, Porthcawl, Glamorgan CF36
Post Code
CF36 5DN
Under Offer
No
Reference Number
19628
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