FREE OF TIE PUBLIC HOUSE, RESTAURANT & HOTEL
Price:
Leasehold - £220,000
Business Type:
Food Service Businesses, Hotels, Pubs
FREE OF TIE PUBLIC HOUSE, RESTAURANT & HOTEL
Situated in the beautiful village of Coedway, Nr Shrewsbury
Exceptionally well presented and well appointed throughout
7 en-suite letting rooms with owners accommodation flat
Advised turnover £629,429 PA with high GP returns
Ideal lifestyle change opportunity business
Early viewing essential to fully appreciate
Scope for further development
LEASEHOLD
Business History
Meridian Business Sales are privileged to offer for sale this very rare opportunity which has a proud history dating back to the 1700’s. Since 2003 the business has been owned by our client who is only now placing it onto the market due to his other business interests and commitments. The public house achieves a very respectable annual advised turnover of £629,429 PA offering a fine selection of free of tie beers, wines and spirits, a very popular carvery and Al-A-Carte style food menu along with beautiful guest accommodation from its 7 en-suite bedrooms. The property can only be described as beautifully presented throughout with a wealth of original features and charming character including original fireplaces, naked brickwork, large wall and ceiling wooden beams. Our client has gone to considerable expense and effort on the business’ presentation and fixtures which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. The business is extremely well run and fully staffed which leaves our client the freedom to explore additional business interests. This is a very favourable position for a new owner as they can be as involved or uninvolved as they wish, ensuring the opportunity will fit into most new owner’s lifestyles. This is a truly exceptional opportunity to acquire a very stable and well run business located in one of the UK’s most desirable areas. We urge early interest and viewing as we feel this opportunity will not be available for long.
This truly exceptional free of tie public house and hotel is located in the beautiful village of Coedway, Nr Shrewsbury in Shropshire. The property stands proud on a main through road which links Shrewsbury to several Welsh villages and towns. The location can only be described as truly picturesque with open countryside views at every angle with rolling greenery and views spanning far into the distance. The local area has a fine selection of upmarket residential homes which supplies the business with a consistent local trade throughout the year. The business is in a very unique position as it facilitates several local attractions supplying a guaranteed trade year on year. A nearby wedding venue has an average of 300 weddings a year and refers the Inn as an overspill accommodation facility to all who wish to stay locally. There is also a large selection of race courses, golfing and fishing attractions which are all within a short travelling distance.
Leasehold
Open to negotiation
Rent: £45,000pa
Exceptional well presented property offering large off road parking facilities, 80 cover dining restaurant, large commercial stainless steel kitchen, top and bottom bars with naked brickwork, original fireplaces and large wooden beams, 7 en-suite guest bedrooms and self contained owner’s living accommodation with living room and fitted kitchenette, outside dining space with beer garden and children’s climbing frame.
GROUND FLOOR - Entrance from car park leading to reception/welcoming corridor with male, female and disabled toilets.
Top Bar - Beautifully presented open plan bar area with roof beams, original feature fireplace, naked brickwork, fixed seating plus additional tables and chairs. Fitted bar with pumps, rear spirit displays, wine displays, chillers and glass storage. Connecting walkway to bottom bar.
(Approximately 30 covers)
Bottom bar - Very well presented area with grand original wood burner fireplace, beams and naked brickwork.
North Yorkshire
£ 750,000
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