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Cambrian Hotel, Aberystwyth

Commercial property for sale

£625,000 9,846 sq ft

Halls Holdings Limited
Highlights
  • Prominent position in town
  • Licensed public house and restaurant
  • Licenced bar
  • Large function room
  • Significant potential for alternative uses, subject to statutory consents
  • Two three - bedroomed residential flats
Property type

Commercial property for sale

Full address
Alexandra Rd, Aberystwyth SY23 1LG – Aberystwyth
Asking price
£625,000
Available space range
There is 1 space available. This measures 9,846 sq ft.
Features
Energy Performance Rating - D, Storage space
Brochure
Download the brochure
Contact name

Lucy Wilde - Halls Holdings Limited

Sale details

Sale unit 4014432 Available

9,846 sq ft, £63.48 per sq ft

Unit Sale unit 4014432
Address Alexandra Rd, Aberystwyth, Dyfed, SY23 1LG, GB
Size 9,846 sq ft
Price £625,000
Price per unit £63.48 per sq ft
  • A rare opportunity to acquire a prominent and substantial licensed public house and restaurant with letting rooms and residential accommodation in the town centre of aberystwyth.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for Cambrian Hotel, Aberystwyth

The property has remained in the current ownership for approximately 37 years and is only reluctantly offered for sale due to the retirement of the vendor. The property comprises of a substantial imposing property sitting on a total site area of approximately 0.11 acres. The Cambrian Hotel is a combination of two substantial Victorian properties with a modern rear extension. The property trades as a licensed bar/restaurant with letting rooms and a managers flat and residential accommodation that is currently in use as student flats. The largest element of the original Cambrian Hotel benefits from return frontage onto Alexandra Road and Union Street. This comprises of the main public bar area and restaurant on the ground floor. The bar has a capacity of 120 and the restaurant has capacity for 70 covers. The upper floors provide the 12 letting rooms,a function room, offices and the managers flat. This part of the property is four storey and is of brick construction under a slate roof cover. At the rear of the property there is a three storey later extension which was built approximately 15 years ago. This provides on the ground floor a rear extension of the bar(pool/games room), public toilets and part of the kitchen. On the upper floors there are two three bedroom flats which benefit from a separate access off Union Street. The vendors maybe willing to consider retaining these as part of any sale, further details available from the selling agents upon request. The property is of traditional cavity construction and a part tiled and part flat roof cover. The ground floor of the main part of the property trades as a licensed bar accessed directly from Alexandra Road along with the adjoining Le Figaro restaurant. Le Figaro offers a split level restaurant with its own kitchen and separate bar servery. The property would lend itself to a variety of uses including continued use as a licensed premises and restaurant and conversion of the uppers to residential or student accommodation and its potential can only be fully appreciated after undertaking an inspection of the same.

Building subtype
Hotel
Number of storeys
3
Rentable building area
9,846 sq ft
Year built
1960

Attachments

PDF #1 Marketing brochure/flyer Download

This commercial property for sale is located in Aberystwyth.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Halls Holdings Limited. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Halls Holdings Limited for full details and further information.