Bar / Nightclub for sale
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Tenure: FreeholdEXCELLENT FREEHOLD PUBLIC HOUSE - SHROPSHIRE
Sizable property with 3 bed private living accommodation
Advised turnover £3,000 PW with good profit returns
Early interest and viewing is highly recommended
Situated in the beautiful town of Oakengates
Ideal lifestyle change opportunity
Scope for further development
This fantastic business opportunity is situated in the beautiful town of Oakengates, Shropshire. The property sits on the town's main High Street with ample neighbouring free communal parking facilities. The business benefits from having a wide variety of neighbouring commercial businesses and retailers which draws shoppers and visitors to the town throughout the year. There is also a good amount of residential properties in the town which supplies the business with a consistent local trade within a short travelling distance. Oakengates is a very desirable business and residential town due to its fine housing, good schools, NHS services, excellent central shopping facilities and welcoming local community. Oakengate also benefits from being very easily accessed via the M54 which connects to the M6 motorway making visiting and commuting very easy.
Meridian Business Sales are delighted to offer for sale this excellent traditional public house which has a very proud history dating back as far as 1849. Since 2001 the business has been owned by our client who is only now placing it onto the market due to their desire for semi-retirement. The business which is run and managed by our client achieves a very respectful annual advised turnover of £240,000 which is derived from selling a wide range of beers, wines, sprits and associated hot and cold drinks. The business has always enjoyed excellent levels of repeat trade with many of the regular customers visiting for several years. The property also has first floor, 3 bedroom private living accommodation which is a big plus for a new owner who is looking to save on living expenses and would benefit from the ease of living on site. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early interest in this charming business.
We are advised freehold
Mon - Sat
10AM - 11PM
10AM - 4PM // 7PM - 11PM
Well presented property offering bar, TV and lounging areas, management office facilities, basement cellar, beer garden with large double garage and first floor 3 bedroom private living accommodation.
GROUND FLOOR - Main front entrance from High Street, partially wooden panelled walls with open plan bar area, fitted bar with pumps, spirit displays and glass storage, feature fireplace with solid fuel burner and fixed seating with additional tables and chairs.
TV lounge with comfy seating and lounge style décor, tub style leather chairs seating approximately 10, partially wooden panelled walls and feature fireplace with solid fuel burner.
Seating lounge connecting from TV lounge with open plan seating area with tables and chairs, beautiful decor with the properties history (very unique), 20 + covers plus ladies and gents toilet facilities. Management office facilities.
FIRST FLOOR - Private living accommodation comprising of: Kitchen with fitted cupboards, worktops and wash basin, lounge, bathroom with toilet, bath and wash basin and 3 bedrooms.
ADDITIONAL FLOOR - Basement cellar with storage space.
EXTERNAL - Large double garage, currently used for additional storage, rear beer garden with smoking area and BBQ space, 2 x picnic benches with large umbrellas and side access to property via walkway.