SUPERB FREE OF TIE PUBLIC HOUSE WITH 3 LETTING ROOMS

Price:

Freehold - £499,950

Seller Ref:

2670

Location:

West Midlands , Wolverhampton

Business Type:

Hotels, Pubs

See Other:

Public houses for sale in West Midlands
Pubs for sale in West Midlands
Bed & breakfasts for sale in West Midlands
Pubs for sale in West Midlands
Hotels for sale in West Midlands

Description:

THE BUSINESS:

SUPERB FREE OF TIE PUBLIC HOUSE WITH 3 LETTING ROOMS
Advised annual turnover of £340,392 without letting rooms
Early interest and viewing is highly recommended
Located in a beautiful village in Shropshire
Sale includes all fixtures and fittings
Recently re-fitted letting rooms
1 bed owners’ accommodation
Jazz music venue
Real ales
FREEHOLD

Business History

Meridian Business Sales are privileged to offer to the market this superb detached public house. The business dates back to circa 1825 and has been in the careful hands of our client for the last 4 years but has been in the family for 26 years. The only reason this opportunity is being offered to the market is due to our clients desire to concentrate on family life. Our clients have gone to considerable expense and effort on the presentation of the property and are very generously including fixtures and fittings within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The public house is free of any brewery tie and has an advised annual turnover is £340,392 based on just wet sales (scope for food) with the pub being well known for jazz music and real ales. The letting rooms have only just been refurbished and have not been used for some years so there is huge potential for further income. This is a superb opportunity and as such Meridian Business Sales recommends early viewing.

Location Details:

This character, public house stands on a prominent main through road location in the desirable village of Albrighton. It’s accessed by the A41 and A464 with close links to the M54 & M6. Albrighton is a large village (population 4,157 in the 2001 census) and civil parish in Shropshire, England. It is located to the northwest of Wolverhampton and is best described as a dormitory village for the city. It is 11.3 miles from Bridgnorth and used to be within the now defunct Bridgnorth district; it is now part of the Shropshire Council Unitary Authority. The village has a railway station, which is on the Shrewsbury to Wolverhampton line. Very close by is DCAE Cosford and the M54 motorway. The village is the most easterly settlement in Shropshire. Immediately to the north is the hamlet and parish of Donington.

Trading Hours:

Monday: 12:00pm - 12:00am Tuesday: 12:00pm - 12:00am Wednesday: 12:00pm - 12:00am Thursday: 12:00

Accommodation:

Detached public house with 3 letting rooms, briefly comprising: GROUND FLOOR Public bar with server, pool table, darts board, gaming machine, projector screen TV plus air conditioned unit. Lounge with bar servery, seating area, stage plus air conditioned unit. Glass wash room with sink drainer Ladies toilets Gents toilets Chemical store Cellar Below ground, one main cellar room with beer drop FIRST FLOOR Letting rooms Double bedroom with en-suite shower, toilet & wash basin 2 x double bedrooms Bathroom with bath, separate shower and wash basin Toilet and wash basin Lounge/Diner/Kitchen Bottle stores SECOND FLOOR Owners’ accommodation Lounge with kitchenette Shower, toilet and wash basin Double bedroom EXTERNAL Rear beer garden with marquee, smoking shelter, 2 store rooms and parking for 5 vehicles. The pub has recently been rewired, re-plastered and benefits from gas central heating plus CCTV system and alarm.