Business for Sale Overview:
Advent Business Sales have been instructed to offer for sale this long established and popular public house and bed and breakfast with excellent further potential.
Built in the late 17th century and converted into a public house in 1834, the pub has been a focal meeting point for the local community over the years.
Since acquiring in 2004, the vendors have spent a great deal of time and effort in re-establishing the pub’s standing with careful preserving of the traditional features.
The vendors, a husband and wife team, have reluctantly decided to sell to spend more time with their young family.
This popular stone-built premise boasts a quaint bar area with a 22-seating restaurant. To further complement, 3 en-suite rooms have been carefully transformed to add benefit to the business.
This traditional pub has won accolades and was formerly Camra pub of the year and features regularly in both the good beer and good pub guides.
The landlord prides himself on providing excellent beer and ale with 6 hand pulls, which feature guest beers.
The pub is tied only on keg beer, enabling virtually free of tie, 65% wet sales, with the further 35% through the restaurant.
The restaurant boasts an extensive fresh home cooked menu consisting of 18 different starters and 35 different variations of mains, with a mind boggling dessert menu.
The bed and breakfast facilities for residents occupying the 3 en-suite rooms, add further regular income.
The pub has amassed an enviable reputation and this is truly credited to the vendors hand on approach.
The vendor has created a web site, which attracts regular customers and is ranked highly on late rooms.com and bookings.com for the Shropshire area.
The high level of tourism to the area virtually guarantees customers all year round, making this a popular and highly desirable location.
Staff Details:
The business is staffed by a husband and wife team, with a further 9 part time employees covering the 7 day trading pattern, including front of house and housekeeping.
Trading Hours:
Mon-Thurs: 12.30pm – 3.00pm & 5.00pm – 11.00pm Fri-Sun.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Business Premises:
This well-appointed premise is situated in a fabulous scenic location and consisting of the following:
Ground Floor:
Single entrance leading directly into bar area with capacity of 25 people with seating arrangements and an open coal fire.
Fully stocked bar with 6 traditional hand pulls.
Leading to restaurant with capacity for 22 people.
Fully equipped commercial kitchen.
Ladies and gents toilets.
Door to enclosed yard.
Doorway to cellar area.
Access to upper floor.
First Floor:
3 recently refurbished en-suite rooms.
Laundry room.
Storage areas.
External:
Parking for 6 vehicles to the side of the premises.
Tenure: Leasehold.
Original lease: 15 years.
Remaining lease: 12 years.
Review every: 5 years.
Rent: £41,000.
We are advised that the annual business rates are currently: £8,900.
The pub is tied to Punch Taverns.
Market Competition and Expansion:
Although the business has been trading successfully, there is still further scope for expansion. This could include extending the opening hours.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.