Commercial Properties On the Market: One of Penarth's Oldest Pubs and More

By The Editor

27th Feb 2020 | Local News

Three commercial properties are currently on the market in Penarth and they include the Clive Arms Pub, Yarn n Yarns and Martin's convenience store.

These local investments provide different kinds of opportunities but are all well placed in the busy town.

The Clive Arms in Penarth is a long established pub situated on John Street and oddly wedged between a row of residential properties.

It has been owned by local residents since 2009, but it is now up for sale.

The pub is renowned as being one of the oldest pubs in Penarth, dating back to at least 1866.

The property comprises a long established mid terrace public house with a one bedroom flat above capable of self-containment.

The property is used as a public house but may offer the opportunity for alternative uses, subject to the necessary permissions.

There is a bar area with seating which leads to a back room with more seating and a pool table at the end.

Downstairs you can find the skittle alley which is known for being the smallest lane in the local league.

Most importantly, what is the price for owning this established local pub? £279,950.

The property is being marketed by NP Linnells and you can find out more information on their website.

Yarn and Yarns, situated on Cornerswell Road, has been occupying the commercial section of the building an are currently using it as an arts and crafts shop.

The shop unit is being let and providing an income

of £530 until August 2020.

This is an investment opportunity for the potential buyer.

The whole property compromises of a maisonette with its own entrance plus a commercial shop unit.

The property is set amidst local shops including a Post Office, the Dingle Road train station and the main town centre of Penarth is a short walk away.

The maisonette is complete with its own entrance comprises of a lounge, kitchen and a conservatory with a ground floor cloakroom.

On the first floor there are 3 bedrooms, utility lobby and a modern bathroom.

There is also access into an enclosed garden through the conservatory.

The property is on the market £279,000 Freehold and is being marketed by Peter Alan.

The final property Martin's Convenience store has been a staple part of the Station Approach shopping scene, situated directly outside of Penarth's train station.

The store, which takes approximately £5,000 per week is in a very busy area for footfall.

The business benefits from free car parking facilities to the front and is surrounded by a densely populated residential area.

The premises consists of a well fitted and equipped Retail Area, rear Storeroom/Office and a first floor Stockroom, w/c facilities etc.

The price for this Property? It is on the market as a Leasehold for £20,000 and is being advertised by Everett Masson and Furby.

Check out more properties in Penarth on our quick and easy property search by clicking the red button below.

     

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