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Fixed price

£275,000

(£1.00/sq. ft)

Restaurant for sale

Mansel Street, Carmarthen SA31
275,000 sq. ft

Fixed price

£275,000

(£1.00/sq. ft)

Restaurant for sale
Mansel Street, Carmarthen SA31

    • 275,000 sq. ft

About this property

    Sustainably run two section bar and restaurant (56)
    First floor restaurant/meeting room (16)
    Fully equipped catering kitchen, dry store and cellar
    Office and service rooms—potential for conversion
    Net turnover £386,000 (May 2024) 72% gross profit
    Highly regarded community asset with loyal following

    The county town of Carmarthen is a vibrant West Wales market town rich in heritage and increasingly recognized for its independent food and arts scene. With a population of over 16,000 the town is home to the Welsh Government’s regional offices, S4C’s headquarters and Trinity Saint David University all contributing to steady footfall and civic vitality.

    The Warren is a charming two-story building centrally located on bustling Mansel Street, which offers interesting and deceptively large trading areas at ground and first floor. It has been operated successfully by our client for just over 8 years and has become established as one of the most popular and best-known dining venues and bars in the town centre.

    This deceptively spacious and characterful double fronted property offers a warm and welcoming trading environment with exposed beams, antique brickwork and a stylish, rustic finish. The ground floor features an 'L' shaped, split level restaurant and bar seating 56 diners, a well planned servery area a large, professionally equipped catering kitchen with Altro nonslip flooring, fully UPVC panelled walls and stainless steel fittings. There is also a walk-in dry store.

    A set of ladies' and gentlemen's customer toilets and at basement level is the cellar providing draught dispensary as well as further storage.

    Staircase access from the main trading area to the first floor dining room which includes a 16 cover private dining or meeting room, customer toilets, bottle store, office and additional storage. There is clear potential here for conversion into a private flat or staff accommodation, subject to the necessary Planning Permission.

    The property benefits from three-phase electricity and ultrafast broadband.

    Founded in 2016 by BBC Community Food Champion Deri Reed, The Warren has grown into one of Wales’ best known ethical food destinations and is consistently listed in The Good Food Guide’s ‘Top 100 Best Local Restaurants in Britain’ since 2019 and every year up to and including 2025. It has built a reputation for sustainable sourcing, seasonal menus and community first values.

    Operating five lunchtime and two evening services per week, the business currently achieves a net annual turnover of £386,000 with exceptional margins and offers considerable scope for growth through expanded trading hours or private hire. It also benefits from a strong digital infrastructure including a professionally built website with online bookings, a robust pos system and a large, active mailing list of loyal customers.

    The Warren is more than a business, it is a beloved part of Carmarthen’s cultural and culinary identity. Known for its commitment to sustainability, connection to local producers and welcoming atmosphere, the restaurant has won numerous accolades under Deri Reed’s leadership including being named BBC Food & Farming Awards Community Food Champion 2024.

    This is a rare opportunity to take the reins of a well-respected and supported restaurant with strong values, a loyal customer base and real potential for growth.

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