Letting Rooms
Property details
The Eagles is a large imposing pub occupying a corner plot on the main road around Caernarfon town centre. It is located just off the town centre and as such has a more community local feel but also benefits from being just off the main circuit. Caernarfon is a small town in Gwynedd; North Wales situated on the southern bank of the Menai Straits with the Isle of Anglesey being the opposite bank. The city of Bangor, with its famous university, lies 8 miles to the North West and the beautiful mountains and landscapes of Snowdonia border Caernarfon to the south.
The area is a popular tourist location and has an abundance of hotels, restaurants, and pubs, it also has numerous camping/caravan sites busy throughout the year but more so from June to September.
The pub is operated as one room, split-level operation serviced by one central bar servery. A pool table is available as is a darts throw (two darts teams and one pool team are based at the pub). The pub has a significant internal/external refurbishment planned.
The private accommodation consists of seven bedrooms located on the first and second floors with a family bathroom also available. There are also separate showers and WCs on the top floor.
Free of Tie
Pool Area
Live Entertainment
Live Sports
Trading style
The site operates as a community local with circuit trade experienced predominantly at the weekend. Live entertainment/bands are an integral part of the retail offer as is a live sports offering, predominantly football, racing, and rugby. There is also an opportunity to enhance the business by utilising the bedrooms on the first and second floors on a holiday let, or long-term basis due to the tourist trade and the number of contractors working in the area due to the new road build currently underway.
Experience is preferred but not necessary as the enthusiasm, drive, and personality of any tenant(s) are what will make the business a success. The business needs to be developed to ensure that the profitability of the operation is improved via a sales-driven approach maintained by a tightly controlled cost base.
Key financials
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Reference Number:
6M23WN / ROT-LL55
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£5,000.00
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Annual Rent:
£18,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Rent: £ 18,000
Ingoings: £5,000
FREE OF TIE OPTION AVAILABLE ON THIS SITE.
STEPPED RENT SUPPORT IS AVAILABLE FOR THE RIGHT OPERATOR.