Guide price
£500,000
Property for saleMain Street, Pembroke, Pembrokeshire SA71
- Auction
- Freehold
John Francis - Pembroke
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About this property
Established hotel, restaurant, and nightclub
9 Bedroom hotel
Self-contained flat, ideal for owner accommodation or rental income
Scope for further development at the rear of the property
Car park and gardens to the rear
Short stroll from the picturesque Mill Pond and the historic Pembroke Castle
An exceptional opportunity to acquire an established hotel, restaurant, and nightclub situated in the heart of Pembroke. This versatile property offers a fully operational hospitality business with significant development potential.
Located just a short stroll from the picturesque Mill Pond and the historic Pembroke Castle, this property offers an excellent lifestyle and business opportunity in a prime setting. The local attractions, combined with the property’s proximity to key amenities, make it an outstanding investment prospect.
The hotel features a selection of guest rooms, each equipped with en-suite facilities. It benefits from a fully licensed bar, a nightclub/function room, and a café, all operating under a current residents’ license. A fully equipped commercial kitchen is included, providing all necessary appliances and tools to support the hotel and café operations.
In addition to the hospitality premises, the sale includes a self-contained two-bedroom flat, ideal for owner accommodation or rental income. There is also scope for further development at the rear of the property, where retrospective planning has been looking into for multiple residential flats with parking.
Financial accounts will be made available to seriously interested parties following an initial viewing.
Viewings are strictly by appointment only. Please contact our office for further information or to arrange a viewing.
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. These services are optional.
Business Rates
Current rateable value (1 April 2023 to present)
£11,750
Services
Mains electric, water, gas and drainage.
Tenure
Freehold
Directions
For Sat Nav please use - SA71 4JS
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Please Note
Some photos have been taken using a wide angle lens
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