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Retail property (high street) to rent

Exciting Restaurant Opportunity at The Laleston Inn, Wind Street, Laleston, Bridgend, CF32 0HS
Retail property (high street)
Added > 14 days

Features and description

•Immediately available “To Let” restaurant space within the historic Laleston Inn, a 16th century Grade 2 Listed Building long established as a public house and restaurant premises.

•Available within the Laleston Inn is restaurant space briefly comprises of 35 cover restaurant, professional kitchen and separate prep/storage space being essentially self-contained but located within the Laleston Inn.

•Laleston village is a popular and highly sought-after residential location lying just 3 miles West of Bridgend and 5 miles East of Porthcawl. Junctions 35 and 37 of the M4 Motorway lie within 5 miles of so.

•Immediately available “To Let” under terms of a new Lease on Tenant Internal Repairing and Insuring Only terms at a rental of £12,000 per annum exclusive.

Location - The Laleston Inn fronts Wind Street within the village of Laleston located just off High Street the main vehicular thoroughfare running through the village.

Laleston lies 3 miles West of Bridgend and 5 miles East of Porthcawl. The village is a popular and highly sought-after residential location.

Accomodation - Immediately available is restaurant accommodation located within the Laleston Inn.

The Laleston Inn is a 16th century Grade 2 Listed Building long established for use as a public house and restaurant. The property oozes charm and character and has the significant benefit of a large car park.

Available within the Laleston Inn is the self-contained restaurant accommodation which briefly comprises of a 35 cover dining room together with professional kitchen and separate food prep/storage area.

The available accommodation provides approximately 75sq.m (810 sq.ft) Net Internal Area of accommodation.

The dining room offers up character accommodation with exposed stonework, timber roof beams and feature fireplace.

The professional kitchen is fitted out together with a range of professional catering equipment which can be left situ as a landlords fixture and fitting. Further details on application

Buisness Opportunity - An opportunity to open up a restaurant business that is complementary to the existing Laleston Inn public house business which will run separately and independently of the restaurant business. The restaurant occupier will benefit from 100% of restaurant sales but with wet sales being acquired through the Laleston Inn and with profit arrangements to be agreed.

Tenure - The property is immediately available “To Let’ for a term of years to be agreed on a Tenant Internal and Repairing and Insuring Only basis.

Rental - Asking rental of £12,000 per annum exclusive.

Business Rates - The Valuation Office Agency Website advises a ratable of £9.500 for the property as a whole. Tenants to make a contribution to Business Rates. Details on application.

Vat - All figures quoted are exclusive of VAT if applicable.

Epc - Exempt

Legal Costs - Each party to be responsible for their own legal costs incurred in the transaction.

Anti Money Laundering - In order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

Viewing - Strictly by appointment only through
sole letting agents:

Messrs Watts & Morgan LLP
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Please ask for
Dyfed Miles or Matthew Ashman

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About this agent

Watts & Morgan - Commercial
Watts & Morgan - Commercial
1 Nolton Street Bridgend CF31 1BX
01656 376758
Full profileProperty listings
Watts and Morgan’s Commercial and Professional department is based in Bridgend and offers a wide range of property services covering the South Wales area. Our areas of expertise include:- Commercial agency advice including disposals, acquisition and development appraisal across all property sectors Professional advice including valuation, rent review, lease renewal and rating advice Property Management Development advice for residential, commercial, industrial and leisure schemes RICS Registered Valuers reports and valuations Compulsory Purchase Compensation Strategic Asset Advice For more information or advice please call Watts and Morgan now.
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