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Adam & Eve, Swansea

Adam and Eve Letting image

LOCATION: Adam and Eve is situated in a very popular part of Swansea city centre. Near the railway station and close to the Grand Hotel.

DESCRIPTION: The property is situated over 3 storeys and is part of a terrace.

TRADING AREA: There is a large J shaped bar area that is very well presented with space for 75 seats and plenty of additional standing space. There is also a separate lounge bar and function room. There is also a fully equipped catering kitchen.

PRIVATE ACCOMMODATION: To the first floor, there are 3 double bedrooms, lounge, kitchen, dining room and a bathroom. To the 3rd floor, there are a further 4 rooms, currently unused and in need of a full refurbishment.

OUTSIDE AREA: There is a large beer garden for 50 and smoking solution seating 25 to the back of the pub.

BUSINESS AND TRADE INFORMATION: To let on an SA Brain traditional 3 year assignable tenancy agreement or a 20 year positive partnership lease. The business is currently closed and ready for redevelopment. We're looking for a suitable business partner to develop the business jointly.

THE FINANCIALS:

GUIDE RENT- £17,000 - NEGOTIABLE / STEPPED RENT IN FIRST YEAR

RATEABLE VALUE- £15,000

WORKING CAPITAL- £3,000

SECURITY DEPOSIT- £6,000

STOCK & GLASSWARE- £2,000

FIXTURES & FITTINGS- TBC on valuation

MINIMUM TOTAL CAPITAL REQUIREMENT- £11,000

Energy Performance Certificate

NOTE: S A Brain & Company Limited have supplied the above information, but give no assurance or warranty, either expressed or implied, so far as previous trade is concerned and prospective lessees must rely on their own investigation, inspection, advice and opinion as to the trading potential of the property, and (save in respect of fraud) any liability on behalf of S A Brain & Company Limited for the accuracy of such figures is excluded.

APPLICATION: To make a general enquiry, please call Glenda Harding on 02920 334766. If you would like to apply for this particular vacancy, please complete the interactive application form below, save it to your computer and email it to glenda.harding@sabrain.com or upload it via the button below. Alternatively, print it off and send it to: Glenda Harding, SA Brain & Co Ltd, Cardiff Brewery, Crawshay Street, Cardiff, CF10 5DS. We will endeavour to contact you within 48 hours of receiving the application to go through the next stages.

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