EXCEPTIONAL HOTEL, RESTAURANT AND PUBLIC HOUSE
Price:
Leasehold - £65,000
Business Type:
Food Service Businesses, Pubs
EXCEPTIONAL HOTEL, RESTAURANT AND PUBLIC HOUSE - SHROPSHIRE
Hugely popular guest accommodation, 12 guest rooms all en-suite
Situated in the beautiful town of Craven Arms, Shropshire
Well presented and well appointed throughout
Turnover £7,000pw with high profit returns
Early interest is highly recommended
Scope for further development
LEASEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this truly exceptional hotel, restaurant and public house which has a proud history dating back to 1876. Since 2001, the business has been owned by our clients who are only now placing it onto the market due to their strong desire for semi-retirement. The business which is run and managed by our clients with the assistance of staff achieves a very respectful weekly turnover of £7,000 derived from offering very high class accommodation over 12 guest bedrooms which are all en-suite. There is also a very popular restaurant with a public house style menu which offers a fine selection of beers wines and spirits. The business has always enjoyed excellent levels of repeat trade and new customers appear regularly provided from good word of mouth recommendations. The property also has additional owners’ accommodation which is a huge plus for any new owner operator. This is an exceptionally well presented business situated in one of UK’s most desirable semi-rural towns and trading at a good rate of gain for many years. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing of this charming business.
The business is situated in the truly beautiful town of Craven Arms, Shropshire. It is located just off the towns’ main through road which is very easy to find and has good visibility to all who pass by. The business benefits hugely from being situated in a densely populated area and many of the local customers are within a short walking distance. Craven Arms also sees a healthy amount of visitors throughout the year making the accommodation and function room facilities ideal for private or corporate use. Craven Arms is a very desirable business and residential area due to its beautiful countryside views, fine housing, good school, NHS Services and site seeing attractions. The business neighbours the Shropshire Hills Discovery Centre, a centre featuring exhibits about the county's geography; and Stella Mitchell's Land of Lost Content Museum, a collection of 20th century memorabilia, which has recently opened.
Leasehold
Original length: 10 years
Remaining: 5 years
Rent: £30,500pa
Very well presented 3 storey brick constructed building briefly comprising of, large private car park, beer garden, 2 x large garage outbuildings, well presented open plan lounge with fitted bar, games room with fitted bar and pool table, restaurant with 30+ covers with additional lounge with 55 covers, fully fitted commercial kitchen, 12 onsite guest bedrooms all being en-suite, owners accommodation with 2 en-suite bedrooms, fitted kitchen and sizable living area.
LOWER GROUND FLOOR
Basement cellar, sizable (can easily be stood up in) with additional beer, wine and spirit storage.
GROUND FLOOR
Access via the car park
Reception corridor
Ladies and gents toilets
Reception, stairs access to first floor access to kitchen, games room and lounge
Lounge, with fixed seating plus tables and chairs 55 covers, fitted bar with 14 pumps, rear spirit displays, drinks chillers and glass storage, restaurant and accommodation reception desk, double doors leading to restaurant.
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