Restaurants for sale in Montgomery

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Ian McGregor (Nov 2013)
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Leasehold Price: £300,000 Price Reduced Annual Turnover: £68,000
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Business Description
Situated in the beautiful village of Llandyssil, Montgomery, Powys
Exceptionally well presented and appointed throughout
Advised turnover £68,000 PA with good GP returns
Early interest and viewing is highly recommended
Sale price includes all fixtures and fittings
Ideal couples/husband and wife business
Sizeable private living accommodation
Superb lifestyle change opportunity
Huge scope for future growth
Genuine reason for sale

Business History
Meridian Business Sales are delighted to offer for sale this superb freehold public house and restaurant which has a proud history dating back to the early 1700s. Since 2005 it has been owned and run by our client whose family has been in this trade for over 40 years and is only now placing it onto the market due to his strong desire for a lifestyle change. Our clients currently run the business at a pace to suit themselves with huge scope to improve on trading hours. The pub which is run and managed by our client with the assistance of staff achieves a respectable advised annual turnover of £68,000 which is derived from offering an excellent range of beers, wines and spirits coupled with a popular traditional public house style food menu. The business is very well known locally and also sees visitors from across the UK who travel through the village to reach the many popular surrounding areas. Our client has gone to exceptional effort and expense on the property’s’ presentation which has resulted in a very warm and inviting facility which is a pleasure to visit. The property also offers sizeable first floor private living accommodation which is a big advantage for a new owner who doesn’t currently reside within a commutable distance. This is without question an ideal lifestyle change opportunity for an individual or couple who is looking for a very reputable and historic public house situated in one of Wales’ most desirable villages. We would like to urge very early interest in this opportunity as businesses of this calibre rarely appear onto the market.
Tenure: Leasehold

Location Details:

This superb freehold public house is located in the beautiful village of Llandyssil, Montgomery, Powys. The property stands proud on the village’s main through road in the village centre. The public house is referred to by many as one of the main landmarks and has stood since the early 1700s. Llandyssil is a small, pretty Welsh village in Powys about two miles from the historic town of Montgomery and around eight miles from the market towns of Welshpool and Newtown. Shrewsbury, on the A5, and with good road connections to the south and east, lies 22 miles across the English border in Shropshire. The village is surrounded by arable farms with sheep roaming on hills up to 1000ft. Today the parish of Llandyssil has around 420 residents about 300 of who live in Llandyssil village. The rest live in the surrounding areas of Cefn y Coed, Cwminkin and Green Lane. Llandyssil is without question a highly desirable village which offers a wonderful quality of lifestyle. The closest motorway is the M54 which is approximately 35 miles away making visiting and commuting very easy.

Leasehold Term: We are advised freehold

Listed by: Meridian Business Sales Limited
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