Pub/bar for sale in Holyhead Road, Shropshire: Telford TF1

£29,950 (£2,782.45/sq. ft)
Pub/bar for sale 1 sq. m*
Interested in this property? Call +44 1332 494756 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ref: 8330 Leasehold

Traditional and deceivingly spacious 17th Century wet led Inn with detached Function Room, large Car Park and Gardens located within the Shropshire Market Town of Wellington

• Main road location surrounded by housing and businesses within Wellington, Shropshire.
• Three nicely presented trading areas including a Lounge Bar (circa 35), Restaurant (circa 35) & Snug Bar (circa 20) with bar serveries, fireplaces and traditional furnishings.
• Detached & self-contained Function Room (circa 100) with bar servery, w.c’s, dance floor & kitchen.
• Spacious 6 Bedroom Living Accommodation.
• Lawned Beer Garden (circa 50), Smoking Shelter and Large Car Park (circa 68 spaces).
• Advised turnover for y/e 12/18 circa £349,376 (incl. Vat) on a trade split of 85% wet and 15% food.
• 12 years remaining of an EI Group partially tied lease.

A traditional wet led business offering scope to increase the food and function trade


Location


This traditional wet led Inn with Function Facilities is prominently located on Holyhead Road, within Wellington.
Wellington is a market town within the county of Shropshire and now forms part of the new town of Telford, with which it has gradually become contiguous.
Wellington’s population in 2011 was recorded as 25,544 making it one of the largest towns in Shropshire.
The transport links within the town are excellent with the M54 motorway only a short drive away and the town being served by its own Railway Station.


The property


This 17th Century Inn is of brick construction, with partial rendering, under a pitched, tiled roof, occupying a prominent position on Holyhead Road, Wellington.

The Snug Bar (circa 20) is a cosy room offering carpeted flooring and a bar servery area.

The Lounge Bar (circa 35) benefits from carpeted flooring, bar servery, beamed ceilings and a lovely log burning fireplace.

The Restaurant (circa 35) has a nice feel and offers carpeted flooring, feature fireplace, beamed ceilings and wood panelling.

The Detached Function Room (circa 100) is an excellent self-contained building that is under-used at present and offers potential for many uses. It has a bar servery area, catering kitchen, stage area, w.c’s and separate entrance. An Auction House currently use the room on occasions.

Ladies and Gents W.C.’s.

There is a Commercial Catering Kitchen with stainless steel appliances (not tested) and work surfaces.

The Lower Ground Floor Cellar benefits from a cellar cooling and python system.

Owner’s accommodation
The owner’s accommodation is situated on the 1st floor and briefly comprises: 6 Double Bedrooms, Lounge, Fully Fitted Kitchen, Bathroom, W.C and Private Garden.


External


To the rear of the property are extensive and Mature Beer Gardens offering seating for 40 the side of the property is a Smoking the side of the property is a Large Car Park for 68 cars. The property also has a garage.


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 – Thursday 11am – 11pm
Fri – Sat 11am – Midnight

Current opening hours are:

Sun – Thursday Midday – 11pm
Fri – Sat Midday - Midnight

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.


General remarks


The business is offered for sale as a lease assignment with approximately 12 years remaining of the EI Group full repairing and insuring, renewable agreement. We are advised that the inn is free of tie for wines, spirits and soft drinks. We are informed that the rent is currently £30,000 per annum to be reviewed in 2021. We are advised that at the end of the term, the Lease (not seen by Guy Simmonds) should be renewable with no further premium – subject to the provision of the Landlord & Tenant Act 1954. We are advised that the inn benefits from all mains services (no services seen or tested) and is heated by oil central; heating. Business rates payable are advised as currently being circa £14,000 per annum.


The business


The current owners purchased the business 16 years ago and have established a solid trading foundation with a loyal and desirable clientele. The business and property is presented to a good standard and offers considerable potential with further catering options along with exploiting the excellent function facility.
The business also offers very extensive living accommodation.
We are advised turnover for year ending 12/18 was circa £349,376 (incl. Vat) on a trade split of 85% wet and 15% food.
Accounting information will be made available to interested parties after viewing.

This business was viewed by Marc Blackford.

Viewing appointments must be made by contacting Guy Simmonds.

Details Prepared: Oct 2019

Note: Size quoted is usually the Total Useful Floor Area taken from the EPC and is for guidance purposes only and no responsibility is assumed by Guy Simmonds for the accuracy.
If size stated =1m2, this is because no measurements are available at this time.

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.
(IX) All prices quoted are excluding stock at valuation.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Guy Simmonds, DE73 on +44 1332 494756 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Guy Simmonds, and do not constitute property particulars. Please contact Guy Simmonds for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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