Public Houses for sale in Shrewsbury

View the "HISTORIC 11TH CENTURY INN & RESTAURANT OFFERING HIGH TURNOVER AND EXCELLENT PROFITS WITHIN THE SHROPSHIRE TOWN OF SHREWSBURY" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

HISTORIC 11TH CENTURY INN & RESTAURANT OFFERING HIGH TURNOVER AND EXCELLENT PROFITS WITHIN THE SHROPSHIRE TOWN OF SHREWSBURY

Shrewsbury, Shropshire, England

  • Leasehold Price: £95,000
Seller Reference: 6954L
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Business Description
 
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Seller Reference: 6954L
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Business Description
Prominent main road location surrounded by quality private housing, shops and offices.
Traditional Lounge/Public Bar (circa 40-50) benefitting from solid wood floors, large bar server, lovely open fireplace and beamed ceilings.
The Restaurant (circa 40) is split on two levels and has wood floors, beams and feature exotic fish tank.
Secluded wooden decked Terrace Area (circa 40), front Seating Area (circa 20) and Large Car Park.
Extensive 3 Bedroom Flat.
Advised the turnover for y/e 03/12 is circa £400,000 (inc vat) on a trade split of 70% wet and 30% dry and a recon net profit of £50-60,000.
10 yrs left on a Punch Taverns/Innspired lease with a rent of £33k per annum.

A THRIVING AND PROFITABLE BUSINESS WITH CONSISTENT TURNOVER AND ESTABLISHED TRADE

ASKING PRICE £95,000 LEASEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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