Blacks Business Brokers is pleased to announce the successful sale of a thriving restaurant and bar in the sought-after coastal village of Mumbles, South Wales. The business, known as 1st Info, has been trading since 2023 following a full renovation and conversion from its previous use as a bar. In a short space of time, it built a strong reputation for its stylish interiors, welcoming atmosphere and high-quality menu, attracting both local residents and the steady stream of tourists who visit the area year round.
The business offered a modern dining and drinking experience in one of the most desirable locations on the Welsh coastline. Mumbles is widely regarded as the “Hamptons of Wales”, combining local affluence with a vibrant hospitality scene and consistent visitor numbers. The village’s independent shops, scenic seafront and historic pier make it a popular destination, providing reliable footfall and an excellent trading environment for quality restaurants and bars.
The premises were a key factor in the success of the business. The ground floor provided seating for 45 covers, complemented by a first-floor dining room with an additional 18 covers. A covered outside decking area offered space for a further 10 customers, allowing the business to maximise trade during the warmer months and create a relaxed al fresco dining atmosphere. The operation was supported by a fully equipped professional kitchen, designed for efficiency and capable of servicing the restaurant at full capacity.
Above the business was a one-bedroom maisonette, generating additional rental income of £5,500 per annum. This feature made the opportunity particularly attractive to prospective buyers, as it provided a supplementary revenue stream alongside the restaurant’s core trading.
The lease on the property commenced in 2023 for a five-year term, with no rent reviews or break clauses, providing stability and certainty for the new owner. The rent was set at £2,300 per month, equating to £27,600 per annum, or approximately £530 per week.
investment had been made by the previous owner, with between £40,000 and £50,000 spent on improvements. These included refurbishment of the flat, upgrades to the dining room, new decking, a new cellar installation and premium furniture and fittings throughout. As a result, the business presented in excellent condition and was ready for a new operator to take over without the need for major capital expenditure.
At the time of sale, the business was trading evenings from Tuesday to Thursday, and from midday through the evenings on Fridays, Saturdays and Sundays. This offered clear potential for the new owner to extend opening hours and increase revenue in line with local demand.
The owner chose to work with Blacks Business Brokers in order to secure a professional, discreet and efficient sale. With extensive experience in the hospitality sector and a large database of active buyers, Blacks was able to generate strong interest and manage the transaction from marketing through to completion. The sale was completed smoothly, allowing the outgoing owner to focus on other commitments while ensuring the business passed into capable hands.
Hayden Williams, Sales Negotiator at Blacks Business Brokers, commented: “This was a fantastic business in a truly desirable coastal location, and it attracted a great deal of interest from buyers across the hospitality sector. The stylish refurbishment, strong financials and additional rental income made it a very appealing opportunity. We’re delighted to have secured a successful sale and to have supported our client through the entire process.”
The successful sale of this Mumbles restaurant and bar demonstrates the continued demand for well-presented, profitable hospitality businesses in prime locations. It also highlights the importance of working with experienced brokers who understand the market and can connect serious buyers with quality opportunities.
