3AM Licensed Pub/Bar with Two Trading Floors in Central Newport High Street, Monmouthshire

Description

Central Newport (High Street) pub/bar with 3am licenceGround floor barFirst floor bar/restaurantCatering kitchen (in need of refurbishment)Also available on favourable private leaseThe city of Newport is the principality of Wales’ third biggest city with a population of just over 150,000. A former industrial port, it stands at the mouth of the River Usk. It grew during the industrial revolution and steel was a particularly important commodity to this community and the Valleys, which stood directly to the north.It stands on the M4 motorway which can be accessed from three separate junctions and is just a few miles distant from the capital city of Cardiff. It is also renowned as the location of The Celtic Manor Resort with its four golf courses and conference centre, which hosted The Rhyder Cup in 2010 as well as the 2014 NATO Summit.The town has a vibrant city centre. The subject property has had a number of names over recent years, most recently ‘Bar Amber’, more historically ‘Brown Sugar’, and ‘Harvey’s’ as can be seen from its address on the main High Street, which is now pedestrianised.It offers good, easy to operate trading areas at ground and first floor and a second floor catering kitchen which is in need of refurbishment and services the trading areas via a dumbwaiter. There is an external paved seating area.The property is competitively priced on both the freehold and leasehold options to attract an early sale/letting.