Traditional Public House In Shropshire | | Oswestry Shropshire | | Public House Oswestry, Shropshire T/O: £330,000 GP: 55% Scope to increase turnover Loyal customer Town centre location High footfall No brewery tie | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 64474
ADVERT IMPRESSIONS : 9,656 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Pubs | | SALE: | Agent Sale | LEASEHOLD: | £85000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Oak Inn occupies substantial Grade II listed 2-storey premises, ideally located on the outskirts of the town centre of Oswestry, Shropshire. The premises lie close to the town's amenities and are surrounded by a variety of complementary shops and businesses. The pub is close to a number of hotels and enjoys a high footfall from tourists, all year round. Oswestry is an affluent town renowned for its weekly market and its mix of Welsh and English heritage. The business benefits from easy access to the A5 leading to Shrewsbury, which is less than 18 miles away. Telford and the M54 lie approximately 30 miles to the east.
Business History
Preferred Commercial is delighted to offer for sale this traditional public house, which was established in 1630 and which has been in our client's careful hands since 2006. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £330,000 per annum with a gross profit of 55% and benefits from being free of tie. We feel the turnover could be further increased by embarking on a simple marketing campaign and extending the range of ales available. The business has an excellent reputation and is in the CAMRA good beer guide. The pub is renowned for showing a wide variety of sports, including football, rugby, golf, horse racing and also has Sky Sports 3D. There is 2-bedroom owners' accommodation to the first floor with kitchen, office and bathroom. We feel this is an ideal opportunity to acquire an already busy pub with 2-bedroom owners' accommodation and scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Financial Details
T/O: £330,000 approx.
GP: 55%
Opening Hours
Mon - Thurs: 12:00pm to 11:00pm
Fri - Sat: 12:00pm to 12:00am
Sun: 12:00pm to 11:00pm
Accommodation Details
Substantial Grade II 2-storey public house premises with 2-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Bar with 11 points of dispense including 3 x real ales, perimeter seating, 2 x large TVs, exposed beams, feature fireplace, chiller, optics display and electronic cash register
• Lounge area with perimeter seating, 2 x electronic games machines, feature fireplace, exposed beams, 2 x large TVs bar servery with 9 points of dispense, including 2 x real ales, optics display, chiller and shared electronic cash register with bar
• Ladies and gents WCs with wash hand basins
Lower Ground Floor
• Beer cellar
First Floor
• Kitchen with a range of fitted units, electric oven and gas hob
• Lounge with exposed beams and 2 x skylights
• 2 x double bedrooms
• Office
• Bathroom with bath, WC and wash hand basin
External
• Storeroom and bottle store to rear
• Beer garden/patio with decked area, 7 x wooden tables and large TV
Tenure
Leasehold
TBA
Rent: approximately £2,000 per month | | | | | | FOR SALE | | | | | REFERENCE: | 2512 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
