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Cefn Mably Penarth

Pubs & Bars • 1 Lavernock Road, Dinas Powys, Vale of Glamorgan CF64 3NW Management opportunity
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Summary

The Cefn Mably sits on the busy main road out of Penarth on the way to Sully. There is parking for 12 cars to the rear.

Description

The Cefn Mably sits on the busy main road out of Penarth on the way to Sully. There is parking for 12 cars to the rear. The ground floor consist of a one bar operation,dining area along with a trade kitchen and ladies and gents toilets There is a disused skittle alley at the rear which could double up as a function room. The first floor has 6 letting bedrooms which can be set up as doubles, twins and family rooms, ideal for visitors to the area.  Key Features • 6 letting rooms • Car park  • External area • Trade kitchen • One bar operation, live entertainment and can split diners from drinkers. Business & Financial Information • Estimated ingoings (upfront): £7,795 • Full deposit: £7,000 • Agreement fee: £795 • Guide rent (weekly): £538 • Guide rent (annual): £28,000 • Forecast turnover (weekly): £480,899 • Forecast turnover (annual): £480,898 Ideal Operator Looking for an experienced operator in food, drink and accommodation. Must have a proven track record in building sales and be able to integrate within the local community. Private Accommodation Spacious 2 bedroomed, kitchen , lounge and bathroom.  Regional Manager's Thoughts At the Cefn Mably, I am looking for a hospitality professional with a good understanding of current catering trends to maximise the opportunity at this pub. I believe that the right publican will continue to build on an already existing business and take the pub to new heights. Surrounding Area Based in Penarth, there is a population of over 20,000 within a mile radius of the pub. The demographic report over indexes on ‘Affluent Achievers’ and ‘Comfortable Communities’ with ‘Financially Stretched’ being the third most populous group. The pub itself is situated within a residential housing area and directly opposite the playing fields of the local school, generating a large amount of local trade and being a hotspot to the community.

Upfront cost

£7,795
Cost type: Upfront

Key facts

Upfront cost
£7,795
Turnover (annual)
£480,898
Rent
£28,000 (annual)

Location

1 Lavernock Road, Dinas Powys, Vale of Glamorgan CF64 3NW
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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