A sports bar in Prestatyn has gone on the market, with estate agents viewing it as a “fantastic opportunity” for prospective buyers.
Bar 236, situated at 236 High Street, Prestatyn is on sale for just £625,000, and is one of two bars/pubs currently up for grabs along with fellow High Street business The William Morgan.
236 is on the market with Rhuddlan-based estate agent LL Estates, who have been advised that the business has had a turnover of between £380,000 and £415,000 (without VAT) per year in the five years up to 2020.
The premises was converted in 2010 and has been fully refurbished twice since then.
The ground floor currently operates as a popular, contemporary bar with an office, store room and spacious one bedroom apartment above, which can be used as accommodation at the owner’s discretion (and with a potential rental income of £550pcm).
The bar remains popular, particularly for its sports coverage and full selection of beers and real ales, even featuring in the recent good beer guide.
With a ‘quirky and industrial’ feel and appearance, the pub enjoys a strong reputation for hospitality in the area, and a friendly and jovial atmosphere and clientele.
MORE: Pub in the heart of Prestatyn goes up for sale
Despite being in the heart of the town, it is close to both public transport links via train and bus, and main roads such as the A55.
The property will be sold with the benefit of a premises licence, with the property licensed to trade between the hours of 12pm and 12am from Monday to Sunday.
For more information on the property, click here.
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