Property Description

•Opportunity to acquire a long established and highly profitable mediterranean restaurant business.

•Situated in a highly prominent and convenient location within the seaside resort town of Porthcawl.

•Immediately available by way of either Lease Assignment or the granting of a new Lease direct from the property Freeholder.

•Premium offers invited for the business as a fully fitted out and trading going concern.

LocationIsabella’s is situated in a highly prominent location on the corner of Well Street and Mary Street within Porthcawl Town Centre.

The property lies just off John Street Porthcawl’s prime retail thoroughfare and just off the promenade and seafront.

The seaside resort town of Porthcawl has the benefit of a large resident population and is a popular destination for day trippers and holiday makers.

Porthcawl lies approximately 3 miles from Junction 37 (Pyle Interchange) of the M4 Motorway.

DescriptionThe property briefly comprises of a well presented ground floor restaurant and premises prominently positioned within Porthcawl Town Centre.

Isabella’s is a brasserie styled restaurant with rustic fitout and with the circa 50 cover dining room incorporating a feature bar and open
plan kitchen area.

The property is marketed for sale fully fitted out with a range of trade fixtures and fittings to be included.

AccomodationDining Area – Providing approximately 142sq.m (1528sq.ft) GIA incorporating open-plan kitchen and bar/servery area.
Prep/kitchen/storage - 30.3sq.m (326sq.ft).
Male and Female WCs.
Cellar/storage area.
Rear yard with rear lane access.

The BusinessThe brasserie is a long established and profitable business offered up for sale as a going concern. The property is fully licenced and has the benefit of an open A3 planning permission.

Financial statements are available for inspection to seriously interested parties after inspection of the property.

A full inventory of fixtures and fittings is to be provided.

The business has a Food Hygiene Rating of 5 and features at the top of both Trip Advisor and Google Reviews. The business is award winning and won on a number of occasions the Food Award Wales, Best World Cuisine Award Winner 2018, 2022 and 2024.

TenureThe property is currently held under terms of a secure Lease expiring 15/12/2031. The existing Lease is drafted on a tenant effective Full Repairing and Insuring basis at a current rental of £26,400 per annum exclusive increasing to £27,720 per annum exclusive from the 16/12/2026.

The property is available by way of assignment of the existing Lease albeit a new Lease direct from the property landlord may be made available by separate negotiation. Details on application.

PremiumPremium offers in excess of £85,000 are sought for the business as a going concern including goodwill and trade fixtures and fittings. Stock at valuation.

Business RatesThe Valuation Office Agency website advises a rateable value of £23,000.

Legal CostsEach party to be responsible for their own legal costs incurred in the transaction.

EpcPending

VatAll figures quoted are exclusive of VAT if applicable.

Anti Money LaunderingIn order to discharge its legal obligations, including under applicable anti-money laundering regulations, the successful applicant will agree to provide certain information when Heads of Terms are agreed.

ViewingStrictly by appointment only through
sole letting/selling agents:

Messrs Watts & Morgan LLP
Tel: (01656) 644288
Email: [email protected]

Please ask for
Dyfed Miles or Matthew Ashman