For Sale By Auction | 17:00, 11 September 2019 | Lot 22

Streets Brasserie, 4 Broad Street, Barry, The Vale Of Glamorgan, CF62 7AA

*Guide | £165,000 + (plus fees)

  • Restaurant
  • Tenure: See Legal Pack

Call the team on 02920 475 184 for more information

Auction Date

Wed 11/09/2019

Auction Time

17:00

Auction Venue

Village Hotel 29 Pendwyallt Road, Coryton, Cardiff, CF14 7EF

Mixed Use Premises in Good Trading Location

A well maintained and presented three storey mixed use property comprising of a ground floor split level 60 cover restaurant with bar area, to the lower ground floor are customer toilets, cellar and store. To the first and second floor is extensive three bedroom self contained managers accommodation. The business has successfully traded as Streets Brasserie for the last 29 years and along with the building is only being sold due to retirement. The property is located in a busy trading location in the popular west end of the town close to the local train station and the beaches of Barry Island and the Knapp. The town itself has a good shopping area, schools, amenities and has increased in popularity with the continuing waterfront development and good transport links to Cardiff.

Tenure

See Legal Pack

Ground Floor

Bar/Servery, 60 cover split level dining area with open kitchen, preparation area and store room. (Please note that all stainless steel kitchen equipment is to remain).

Lower Ground Floor

Male toilets, female toilets, beer cellar and store room.

First Floor

Entrance hallway accessed from the rear of the building, large bedroom, utility/laundry/w.c.cloak, kitchen/dining room with sitting area and full width bay fronted lounge.

Second Floor

Landing, two bedrooms, large family bathroom (potential to subdivide which could provide an additional good size bedroom).

Outside

Attractive seating area, double garage (partitioned for bin store and walkway to the rear lane).

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Vale of Glamorgan Council

Solicitors

Cranes Solicitors, 8 Broad Street, Barry, Vale of Glammorgan, CF62 7AA, Ref: Tim Crane, Tel: 01446 720444

Additional Fees

Buyer's Premium - 0.7% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 0.25% inc VAT of the purchase price, subject to a minimum of £840 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.