9 bedroom pub for saleSHROPSHIRE
1 sq. ft. | £399,950
- Business for sale
- Traditional Inn in a lovely historic market town close to Wales / England border.
- Traditional Bar (25+) with feature fireplace and games machines.
- Pool Bar (26+) with projector TV.
- Owners flat with 1-2 double bedrooms.
- 7 Letting Rooms (1 en-suite).
- Large covered smoking area with 'real fire'; Drinking/patio area.
- Advised turnover circa £262,775 (incl. VAT) year end March 2009 - 100% wet.
The business is located in the historic and picturesque borderland town of Oswestry in Northwest Shropshire, close to the border with Wales. The town is close to Offa's Dyke Path National Trail and the Welsh Berwyn Mountains. A beautiful medieval market town, Oswestry town centre contains a heritage centre offering themed history tours, castle ruins and the Cambrian Railways Museum. Now a vibrant town, it has been voted one of the ‘coolest places to live in England’. Most of the town centre has been designated a Conservation Area conveying a mixture of architectural styles. Oswestry now has two markets - one in town at the Horse Market & Bailey Head. The other, outside town, is the Oswestry Smithfield livestock auctions.
The area attracts walkers, day-trippers and holidaymakers with a superb range of local and national attractions which reflect the history, geography and heritage of the area including: St. Oswald’s Church; Castle Bank; Iron Age Fort; Racecourse Common; Offa's Dyke footpath; Whittington Castle; Ellesmere Nature Reserve; Chirk Castle; Lake Vyrnwy; Pistyll Rhaeadr waterfall (one of the Seven wonders of Wales); Nescliffe Country Park; Oswestry Transport Museum; Llangollen and Montgomery Canals; Pontcysyllte Aqueduct; Park Hall Country Experience; The Qube Arts Centre; and Bangor-on-Dee Racecourse.
Oswestry has good road links and lies at the junction of the A5, A483, and A495 roads.
This substantial inn is a 3 storey ‘cream and black’ building, occupying an excellent prominent position. The inn is thought to date back to the 1840’s and features etched windows.
The Bar (circa 25 + standing) is a traditional room and is carpeted with a wooden bar servery, games machines juke box, flat screen T.V. and a feature ‘open’ fireplace.
The Pool Bar (circa 26 + standing) has a warm and relaxing atmosphere. The room is carpeted and features a projector T.V., pool table, 2 games machines, juke box, wooden tables, chairs, stools and upholstered perimeter seating.
Ladies and Gents W.C.s.
There is a Kitchen which is not currently used (appliances not tested) and a store area.
There is a lower-ground floor Cellar and an external store/utility area.
The owner’s accommodation is situated on the 2nd floor and briefly comprises: dining room (could be 2nd bedroom) through to lounge area; double bedroom; family bathroom; store cupboard; and fitted kitchen.
The letting accommodation is not utilised to its full potential – it includes; 4 twin rooms; 2 single rooms; 1 double with en-suite; 2 shower rooms/W.C.s.
To the rear of the building is a small patio garden with picnic benches and patio furniture for circa 24. There is a private parking area for circa 3 cars. There is also a large covered smoking area with picnic benches, chairs and a ‘real fire’.
TRADING & LICENSING
We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:
Sun- Sat 9am to 1am
Current opening hours are:
Mon – Fri 9am to 11pm
Saturday 9am to 1am
Sunday 9am to 11pm
NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.
The property and business is being offered for sale freehold (although we have not had sight of the title deeds). We are advised that the inn benefits from all main services (no services tested). Business rates payable are advised as being circa £6,000 per annum.
The current owners have been running the business since 2000 and purchased it in 2008. They have established a solid trading foundation with a loyal and desirable ‘wet’ sales local clientele. The business is at the centre of the local community and benefits from being opposite the bus station and 2 supermarkets. Our vendor clients currently have a leisurely lifestyle choosing only to work weekends which consequently necessitates employing excessive staff. We are advised that the current annual turnover is circa £262,775 (incl of VAT) year ending March 2009 – 100% wet sales. In our opinion there is huge potential to increase the turnover and profits by fully utilising the letting rooms and offering food.
New owners could continue to operate the business using the same successful formula or they may wish to take the business to the next level by exploiting the obvious food and accommodation potential. In our opinion, new enthusiastic hands-on partnership/family operators would expect to dramatically reduce the present staff costs and increase the turnover substantially.
Accounting information will be made available to interested parties after viewing.
This business was viewed by Helen Russell who would be delighted to discuss further details and can be contacted on 07968 376590.
Viewing appointments must be made via Guy Simmonds.
VIEWING: All appointments must be made through Guy Simmonds. Please note that these Sales Particulars are issued on the strict basis that all negotiations, viewings and contacts in connection with this business are conducted through Guy Simmonds who are appointed by the vendor to act under a Sole Selling Rights agreement with total confidentiality. Any breach of these terms may make you liable in law to litigation and damages. Under no circumstances must you approach the owner direct without a formal appointment or disclose to other customers and staff that the Premises are for sale.
FINANCE FOR PURCHASING A LICENSED PROPERTY: We are in constant touch with a leading finance broker who specialises in arranging Business Finance for Licensed Properties. Whether you are purchasing a Licensed Property through ourselves, or another agent, we will be pleased to contact on your behalf our specialist who can arrange the necessary Finance Package for you at preferential rates. Please telephone for free and no obligation advice with regards to financing a Business.
Guy Simmonds for themselves and for the vendors or lessors of this property and/or business whose agents they are give notice that:-
(I) These particulars are a general outline for the guidance of intending purchasers (or lessees) and do not constitute an offer or contract, nor any part of an offer or contract.
(II) All descriptions, dimensions, distances, maps/plans, references to condition, trading figures and other items in these particulars are given as a guide and no responsibility is assumed by Guy Simmonds for the accuracy of individual items. Intending purchasers (or lessees) should not rely on them as statements of representations of fact and should satisfy themselves as to the correctness of each item by making independent enquiries.
(III) Intending purchasers (or lessees) should make their own independent enquiries regarding the use of the property, necessary permissions for use and occupations, potential uses and any other matters affecting the property prior to purchase.
(IV) Guy Simmonds do not make or give whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to this property. No responsibility is taken by Guy Simmonds for any error, omission or mis-statement in these particulars. Guy Simmonds do not warrant the accuracy of any accountancy information supplied and purchasers are advised to take independent advice in order to satisfy themselves.
(V) Guy Simmonds are unable to give any warranty as to the working order of any apparatus, equipment, fittings or services associated with the premises and therefore, cannot verify they are in full working order. Purchasers are strongly advised to obtain specialist reports prior to exchange of contracts in order to satisfy themselves.
(VI) All statements and descriptions are made without responsibility or warranty by Guy Simmonds, the vendors or lessees. Neither do Guy Simmonds nor the vendors/lessees hold ourselves responsible for any expenses whatsoever incurred by applicants inspecting Businesses which may be sold or withdrawn, to include travelling, valuation/survey, legal fees etc.
(VII) No person in the employment of Guy Simmonds has any authority to make or give any representation or warranty whatever in relation to this property.
(VIII) It should not be assumed that the contents of any photographs are included in the sale.
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