4 bedroom pub for sale

Tenure: Freehold

SUPERB FREE OF TIE PUBLIC HOUSE WITH 3 LETTING ROOMS
Advised annual turnover of £321,584 without letting rooms
Main road location in the village of Albrighton, Shropshire
Early interest and viewing is highly recommended
Sale includes all fixtures and fittings
Recently re-fitted letting rooms
1 bed owners’ accommodation
Jazz music venue
Real ales
FREEHOLD

Location

This character, public house stands on a prominent main through road location in the desirable village of Albrighton. It’s accessed by the A41 and A464 with close links to the M54 & M6. Albrighton is a large village (population 4,157 in the 2001 census) and civil parish in Shropshire, England. It is located to the northwest of Wolverhampton and is best described as a dormitory village for the city. It is 11.3 miles from Bridgnorth and used to be within the now defunct Bridgnorth district; it is now part of the Shropshire Council Unitary Authority. The village has a railway station, which is on the Shrewsbury to Wolverhampton line. Very close by is DCAE Cosford and the M54 motorway. The village is the most easterly settlement in Shropshire. Immediately to the north is the hamlet and parish of Donington.

Business History

Meridian Business Sales are privileged to offer to the market this superb detached public house. The business dates back to circa 1825 and has been in the careful hands of our client for the last 4 years but has been in the family for 26 years. The only reason this opportunity is being offered to the market is due to our clients desire to concentrate on family life. Our clients have gone to considerable expense and effort on the presentation of the property and are very generously including fixtures and fittings within the sale price which is a huge plus for a new owner as additional funds will not need to be spent for some time. The public house is free of any brewery tie and has an advised annual turnover is £321,584 based on just wet sales (scope for food) with the pub being well known for jazz music and real ales. The letting rooms have only just been refurbished and have not been used for some years so there is huge potential for further income. This is a superb opportunity and as such Meridian Business Sales recommends early viewing.


Financial Profile
Turnover: £321,584
Gross profit: £178,743

Tenure

We are advised freehold


Opening Hours

Monday: 12:00pm - 12:00am
Tuesday: 12:00pm - 12:00am
Wednesday: 12:00pm - 12:00am
Thursday: 12:00pm - 12:00am
Friday: 12:00pm - 1:00am
Saturday: 12:00pm - 1:00am
Sunday: 12:00pm - 12:00am

Accommodation
Detached public house with 3 letting rooms, briefly comprising:

GROUND FLOOR
Public bar with server, pool table, darts board, gaming machine, projector screen TV plus air conditioned unit.

Lounge with bar servery, seating area, stage plus air conditioned unit.
Glass wash room with sink drainer

Ladies toilets

Gents toilets

Chemical store

Cellar
Below ground, one main cellar room with beer drop

FIRST FLOOR
Letting rooms
Double bedroom with en-suite shower, toilet & wash basin

2 x double bedrooms

Bathroom with bath, separate shower and wash basin

Toilet and wash basin

Lounge/Diner/Kitchen

Bottle stores

SECOND FLOOR

Owners’ accommodation
Lounge with kitchenette
Shower, toilet and wash basin
Double bedroom

EXTERNAL
Rear beer garden with marquee, smoking shelter, 2 store rooms and parking for 5 vehicles.

The pub has recently been rewired, re-plastered and benefits from gas central heating plus CCTV system and alarm.