Population (and density): 3,125,000 (148 per km square)
Largest towns and cities: Cardiff, Swansea, Newport, Wrexham, Barry, Neath, Cwmbran, Bridgend, Llanelli, Merthyr Tydfil, Caerphilly, Port Talbot, Pontypridd, Aberdare, Colwyn Bay
What the experts say: "Wales continues to offer a fantastically diverse range of opportunities for potential licensees and is rapidly throwing off all the clichés surrounding its industrial past.
“As a nation rather than just another region it has its own character and offers a number of strong trading opportunities such as international rugby events and St David’s Day.
“Cardiff is a bustling modern cosmopolitan city with booming contact-centre and financial-services sectors employing thousands of young people many of whom will have been students in the city.
“Outside the capital the more traditional communities of the South Wales Valleys still generate returns for classic wet-led locals with a value-led offering.
“Further afield the beautiful rural and coastal areas and national parks deliver fantastic seasonal opportunities.
“The on-trade in Wales is performing roughly in line with nationwide market trends but, perhaps reflecting the strength of its traditional communities, it still out-indexes the UK for the importance of draught beer.
“There are usually a variety of pub opportunities available throughout the country and as the National Brewer of Wales; we at Brains always have a range of urban and rural, food-led and community pubs available for both the experienced and first time licensee." - Kirkland Davies, head of partnerships, SA Brain & Co.
On the market elsewhere
The Brasenose Arms, Cropredy, Oxfordshire
Asking Price: £125,000
Tenure: Free Of Tie Leasehold
Rent: £68,000 per annum
Landlord: EI Group
Turnover: circa £505,000 (incl.) per annum
Wet:dry:accomodation split: 55:29:16
Agent: Guy Simmonds 01332 865112
This Inn lies in the Cherwell Valley, in a village most famous for its annual music festival and being at the end of the Oxford Canal.
The business includes a lounge bar (circa 40 covers), a restaurant (c40c), huge beer gardens, a car park, six en-suite letting bedrooms, a paddock with stable and five bed owners’ accommodation.
The Star Inn, North Dalton, Driffield, East Yorkshire
Price: Guide Price £550,000 Freehold
Turnover (annual): £250,000 per annum
Wet:dry split: 70:30
Agent name and phone number: Davey Co 0333 200 8788
The inn, freehouse and restaurant in this former mill conversion contains characterful trading areas with 60-plus covers in two lounge bars and a restaurant.
There are eight former en-suite letting bedrooms capable of reinstatement as well as an owners fl at, and potential for holiday cottage accommodation.
Currently trading weekday evenings and weekends only, it offers a fantastic opportunity to grow the business.
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