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Substantial Indian Restaurant In Cwmbran, Gwent For Sale

Cwmbran, Gwent, UK
Freehold Price:
£290,000
Leasehold:
On request
Turnover:
Available on request
Net Profit:
Available on request

Substantial area for Restaurant, Snooker Centre, Pub, Entertainment Sports Bar etc.

Purpose-built property with multiple entrances (former pub.)

Open-plan, split level dining area.

Former bar (requires refurbishment).

Four bedroom flat upstairs with separate entrance.

Extensive parking (40.)

Currently vacant and closed

Property requires refurbishment.

Potential to be split and sub-let.

Property Information

Property:

Available as freehold and leasehold

Location:

Fairwater stands on the south-western edge of the town of Cwmbran some 6 miles north of the city of Newport and the M4 motorway. It is a densely populated residential area and the Spice Inn is located at its very heart adjacent to a shopping centre.

The Spice Inn was formerly a public house and a community centre known as the ‘Fairwater House’ and has been refurbished to create an outstanding Indian Restaurant with open plan dining areas able to cater for 200 customers. There is a comprehensively equipped catering kitchen and good owners suite.

Premises Details:

Extensive and expansive open plan trading areas on split levels, currently arranged for 200 customers. The rooms are arranged around a central bar servery which has counters on three sides and has mirror display back fitting.

There is an extremely large catering kitchen which is comprehensively equipped with full selection of stainless steel catering effects and work surfaces, altro non-slip flooring and ten section ceiling fitted galvanised extraction canopy. ‘walk in’ dry store with ‘walk in’ coldroom. There is also a staff wc.

The trading areas are approached from the main entrance off which is a inner hallway and a set of ladies, gentlemens, disabled toilets, as well as a baby changing room.

Another large trading room (former bar) 40m x 15m, not currently utilised. It is arranged on split levels being carpeted with drinking shelves to walls with some fixed seating (in need of refurbishment). It also has its own separate external entrance which leads into the main dining facilities. Off this second entrance is a further set of ladies and gentlemen’s toilets.

Private accommodation
at first floor is the private accommodation which comprises bedroom 1, double size, bedroom 2, single size, bedroom 3, double size, large domestic lounge, good sized kitchen area (unfitted) and bathroom with suite of wash hand basin, wc, bath with shower over and bidet. The living accommodation is also approached via a separate external entrance and at ground floor off this entrance is bedroom 4, double size.

Outside
adjacent to the main entrance is a large patioed area, which had previously been utilised as a beer garden, but since the property has become an indian restaurant, it is no longer used for trade purposes.

The property has extensive lined tarmacadammed car park on two sides of the building providing lined spaces for 47 vehicles.

Other Information

Leasehold asking price:
On request