Astoria 48 Charles Street, , . SA73 2AE

• Busy town centre location • Substantial lock-up Nightclub (500) • Second possible Nightclub Room • Vacant Shop Premises • Substantial recent investment • Turnover over £150,000 per annum from one night per week trading

Freehold £195,000

87611 CG/JO 01981 250333 LOCATION The Astoria Nightclub is located on Charles Street, Milford Haven’s Town Centre and home to a number of retail and leisure outlets. The property is a former theatre/dance hall and many original features have been retained. Under our clients tenure the property has been developed to provide a Nightclub for 500, which operates on only one night per week (Saturday). Part of the property is currently being converted to provide a Childrens Soft-Play Area, but this work has not been completed and provides much scope for new owners to either continue with the current development or find another use. This area incorporates a substantial catering kitchen. There is also a small retail unit with frontage to Charles Street.

Milford Haven is situated on the northern bank of Milford Haven Waterway, an estuary forming the natural harbor which has been in use as a port since the Middle Ages. The town was founded in 1790 and has developed around the waterways, firstly a whaling centre, then a Royal Naval Dockyard to Fishing Port, and currently the home of oil refineries and LNG terminals which receive and produce much of Britains fuel. The town has a population of some 13,000 and is the second largest settlement in Pembrokeshire. It enjoys excellent road links and a main line rail link to London Paddington via Cardiff and Fishguard Ferry Terminal. Milford Haven also enjoys a busy commercial and domestic boating fraternity and its own ferry terminal link to . The port has recently obtained Outline Planning Consent for a major waterfront development which is expected to generate a massive influx of visitors and forecast to produce an additional £9m expenditure in the immediate area the coming years.

NIGHTCLUB Main entrance from the High Street into entrance foyer having reception desk and cloakroom. Steps down to LADIES & GENTLEMENS TOILETS. Double doors to large MAIN CLUB ROOM with vaulted ceiling. SERVERY having “coppered” effect front. Bench seating and loose tables and chairs for about 40. Stage and DJ Booth. Store Room. Fire Exit.

“Soft-Play” Area Side entrance and access to WC. Large area currently being developed into a CHILDRENS SOFT-PLAY AREA but which could also be licensed as a second CLUB ROOM. This room has a nautical “seaside” theme and is partially completed. From the rear of the service area is direct access to the KITCHEN, having non slip floor, stainless steel and UPVC clad walls. Hood and a good selection of commercial catering equipment and effects. Large Store Room. LADIES & GENTLEMENS TOILETS.

Shop Premises To the side of the property is a former RETAIL SHOP which has glass front and roll-down shutters. Small OFFICE.

THE BUSINESS The business trades as a nightclub operating one evening per week, Saturdays, between 1.00 am and 5.00 am for a period of approximately 46 weeks of the year. From this the business achieves annual sales in excess of £150,000 inclusive of VAT. Door entry is charged.

There is huge potential for motivated operators to either re-open the second room to provide a much larger nightclub or, as our clients have started but not yet finished, develop for alternative use. As stated above the business currently only operates one night per week and even then only between 1.00 am and 5.00 am. New owners will surely see the potential to develop the business.

TENURE & PRICE £195,000 Freehold to include the trade furniture, fixtures, fittings and effects. Stock at valuation in addition.

VIEWING Please telephone the Selling Agents on 01981 250333. No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

VENDORS SOLICITORS Messrs Price & Kelway (Mr Iestyn Scourfield), 17 Hamilton Terrace, Milford Haven, Pembrokeshire. SA73 3JA. 01646 695311. [email protected]

LICENCE SERVICES A Premises Licence is held for between 10.00 am and 12.30 am All mains services are connected Sunday to Wednesday, 10.00 am to 2.00 am Thursday and 10.00 am to 5.30 am Friday, Saturday and Bank Holiday

Pembrokeshire County Council 01437 764551

Astoria Nightclub Rateable Value £19,500 Business Rates Payable £10,257

Shop Premises Rateable Value £5,000 Business Rates Payable £840.74

EPC Ref 0920 9993 0324 9460 2060 NOT TO SCALE—FOR IDENTIFICATION PURPOSES ONLY

www.sidneyphillips.co.ukwww.sidneyphillips.co.uk