Unique High Capacity Venue in University Town Comes to Market

Posted by Sidney Phillips on 30th December 2020 -

Sidney Phillips is delighted to announce that The Academy, a high capacity venue in the bustling University town of Aberystwyth has come to market on both a freehold and leasehold basis.

The Academy sits in the heart of Aberystwyth, which boasts a significant hospitality industry as well as a population of just over 18,000, which increases to 30,000 during University term time and further during the height of the tourist season.

At the most central point of the town’s nightlife is The Academy. Formerly St Pauls Church, it is an historic Grade II Listed building which has been sympathetically developed into a substantial licensed premise, with two large ground floor trading areas and a galleried seating area capable of a capacity of 750.

Until recently The Academy has been operated by a national operator however the opportunity has arisen for a new operator to take the reigns of this well-known business.

The business is available for sale off a freehold asking price of £475,000 or alternatively our clients will consider the creation of a new free-of-tie lease with favourable lease terms, off an asking price of £20,000.

For further information about this business for sale and other businesses for sale, please contact Sidney Phillips on 01981 250333, by email ([email protected]) or click here for more details.