External Drinking Area
Function Room
Letting Rooms
Car Park
Restaurant/Dining
Property details
The Fairy Falls is a popular community pub located in the village of Trefriw, on the edge of Snowdonia National Park. The village is well known for its woollen mills and spring water spa as well as being a popular starting point for walks in Snowdonia. It is located close to popular tourist attractions: Surf Snowdonia and Zipworld.
The pub is a large two-room operation. The entrance is into the main trading area, with the bar on the left-hand side. This space is very well-zoned into clear drinking, dining, and sports areas with a variety of fixed and loose seating. To the back of the bar is a slightly raised level which houses the pool table and darts throw. Downstairs is a large function room, with its own bar, which is often used for weddings, birthdays, and other celebrations. The well-equipped catering kitchen is also located downstairs.
The Fairy Falls benefits from six letting bedrooms which are detached from the pub. Whilst they provide a good amount of income currently they would benefit from some upgrading which would help maximise their potential.
Externally there is a reasonably sized car park and extra space that is regularly used to house a marquee which further extends the trading area.
The private accommodation consists of three bedrooms, a bathroom, a kitchen, and a lounge.
Cask Ale
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Trading style
The Fairy Falls is popular with visitors to the area during the warmer months, but also well supported by a core of locals year round and is the heart of the community. Trade is made up of both drinks and food sales and it should cater to various clientele across a number of different occasions, especially with the introduction of an enhanced drinks offer including craft beer and premium spirits.
The pub benefits from a good location on the main road through the village and is surrounded by houses which provides a large potential customer base. A well-thought-out ‘rhythm of the week’ entertainment programme including quiz nights, live music, and charity events, and the introduction of pool and darts teams would help boost mid-week trade. The landlords are always open to new ideas, what would you do to drive trade?
Key financials
-
Reference Number:
8M9JTW / 2303078101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£13,853.00
-
Annual Rent:
£28,235.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £28,235
Estimated Annual Turnover £464,489
Deposit £7,059
Estimated Fixtures & Fittings Value £12,390
Estimated Stock Valuation £8,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £30,949
Estimated Minimum Ingoing Costs £13,853
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.