Intelligent Business Transfer are pleased to bring to the market this stunning Georgian grade 2 listed hotel and restaurant in Shropshire. The hotel has been in the same hands for 27 years.
With such a wonderful location in the Midlands and being convenient to several large urban areas plus having various popular tourist attractions within a short distance, places this hotel in a very desirable position.
It is beautifully presented and features the hotel, the restaurant and bar/function rooms for weddings etc. There is parking and gardens with glorious views. The business benefits from strong conference, group, wedding and commercial trade due to the hotels proximity to key locations including Ironbridge, Telford, Shrewsbury, the Shropshire Marches, Wolverhampton, Birmingham and the West Midlands.
It has been established over several decades and grown in stature over the years yet still has the space for further growth and therefore could increase turnover for the new buyer. It will be of interest to buyers who have experience in running hotels and who wish to add to their portfolio, especially as it is running profitably. The current forecast for 2015 is £1.5m+ turnover and £307,000 adjusted net profit.
It is in a desirable location and has the advantage of a busy register with occupancy running high and bookings already taken for weddings and other functions.
The restaurant offers high quality cuisine for both guests and locals and is recognised in the area for its outstanding services.
As the owners are now looking to retire it is now available for purchase and the buyer will benefit from all the hard work over the years that has put into making this one of the finest hotels in the region.
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