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TOWN CENTRE SITE

Meirion Vaults

High Street, Blaenau Ffestiniog, Gwynedd, LL41 3AE

Ingoing Cost: £10,416
Annual Rent: £22,997

Features
Trading style
Key financials

Property details

The Meirion Vaults is located in the town of Blaenau Ffestiniog, close to Snowdonia National Park. The pub is located on the high street and is surrounded by shops, hotels and restaurants. The pub benefits from being one of three pubs found in an area of around 1,400 adults. The area is mainly made up of middle-aged to mature adults.

Trading Area & Facilities:

Main trading area with bar
Separate snug area with fireplace
Approx 26 internal covers
Catering kitchen

The private accommodation consists of three bedrooms a living room a kitchen and a bathroom.

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Catering Kitchen

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Team Games

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Live Sports

Trading style

The pub has the ability to drive trade through live sports, entertainment, and a solid rhythm of the week activity to bring the local community together and provide something for all the locals to enjoy. It offers a selection of popular beers, ciders, wines and spirits, and coffees.

Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you.

Understanding of the local community
You know what it takes to build a successful business
You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.

Key financials

Reference Number: 8M9JTW / 2301957101
Agreement Type: Tenancy

Min Ingoing Cost: £10,416.00
Annual Rent: £22,997.00

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 £22,997
Estimated Annual Turnover £383,050
Deposit £5,749
Estimated Fixtures & Fittings Value £3,895
Estimated Stock Valuation £5,000
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £18,144
Estimated Minimum Ingoing Costs £10,416

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.

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