Lot 45 - Club Yoko, 2 Pier Street, Aberystwyth, Dyfed, SY23 2LJ
Guide Price* : £258,000+
- Unconditional Online Auction Sale
Lot 45 - Commercial Investment Opportunity (Let at £70,000 P/A)
Description
ONLINE AUCTION from 11th NOVEMBER - 13th NOVEMBER 2025
An opportunity to acquire a freehold nightclub venue in the heart of Aberystwyth which is a busy town with bustling town centre with bars restaurants and a wealth of shops. The town benefits from a substantial student population with 8 – 10,000 students in the town attending the university and a increased numbers of visitors during the summer months. There are excellent transport links with Train Station and Bus Services.
NOTE:
Please note that Paul Fosh Auctions have not inspected this property prior to the Auction.
Accommodation
Ground Floor:main entrance, Men’s w/c Female w/c Disabled w/c, cellar, utility area, kitchen area with fixtures prep area (former bar), DJ booth and dancefloor with removable staging, main bar seating areas, glass wash area, managers office and inner hall with doors leading to delivery/fire escape area
Outside:Spacious covered seating area with heaters
Tenancies
The club is currently let at £70,000 per annum with £67,600 being received. The lease is for a term of 15 years from 09/10/23.
Tenure
Advised Freehold - to be verified by solicitor
Auction Fees And Additional Costs
Auction fees: The sale of each lot is subject to a buyer’s premium/admin fee of 1.5% of the purchase price (subject to a minimum of £1,500 for sale prices between £1 and £50,000 or subject to a minimum of £2,400 for sale prices of £50,001 upwards) including VAT unless otherwise stated.
Additional costs: The purchase of the property may be subject to (but are not limited to), VAT (if applicable), reimbursement of the seller’s search fees, reimbursement of seller’s legal and/or sales costs, stamp duty/land transaction tax (LTT). Please check accompanying legal pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Guide Price* : £258,000+
- Unconditional Online Auction Sale
Lot 45 - Commercial Investment Opportunity (Let at £70,000 P/A)
Viewing
Paul Fosh Auctions
Joint Agent
Hiwse
Office Contact
Sean Roper
Documents
Auction Finance
As a trusted partner of Paul Fosh Auctions, Together could offer the auction finance you need, when you need it. Visit togethermoney.com for more information.
If considering a mortgage, we advise that you inspect and consider the property carefully with your lender before bidding.
By setting a proxy bid, the system will automatically bid on your behalf to maintain your position as the highest bidder, up to your proxy bid amount. If you are outbid, you will be notified via email so you can opt to increase your bid if you so choose.
If two of more users place identical bids, the bid that was placed first takes precedence, and this includes proxy bids.
Another bidder placed an automatic proxy bid greater or equal to the bid you have just placed. You will need to bid again to stand a chance of winning.