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Public House With Letting Rooms In Oswestry Shropshire

Oswestry Shropshire
Public house Oswestry, Shropshire T/O: £286,000 GP: 54% Scope to increase turnover Well-equipped 7-letting rooms 1-bedroom owners' accommodation
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67644
ADVERT IMPRESSIONS : 8,061 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Public Houses
SALE: Agent Sale

FREEHOLD:

£380,950
 

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BUSINESS DETAILS:

Location
The Railway Inn occupies 19th century 3-storey premises, ideally located in the historic market town of Oswestry, Shropshire. The premises benefit from ample off-street parking close by and are surrounded by a wealth of complementary shops and businesses. The business enjoys a prominent trading position adjacent to the town's bus station, ensuring a high daily footfall. The Railway Inn is situated on a main road in the town centre and enjoys much passing trade. Oswestry is a rural town surrounded by picturesque countryside close to the Wales/England border. The town has excellent road links with the A5 and the A495 close by and is a desirable place in which to live and work. Shrewsbury lies 18 miles away, while Telford and the M54 is approximately 33 miles away.

Business History
Preferred Commercial is delighted to offer for sale this busy public house with letting rooms, which was established in 1900 and which has been in our clients' careful hands since 2000. The pub is only now offered to the market due to our clients' wish to retire. The business trades 7 days a week and generates a turnover in the region of £286,000 per annum with a gross profit of 54%. The Railway Inn is a traditional public house with 7 letting rooms and is also free of tie. We feel the turnover could be further increased by embarking on a modest marketing campaign and perhaps introduce a website advertising accommodation provided. The business has a loyal customer base and enjoys much repeat trade and word of mouth recommendations. There is the opportunity to establish community sports teams to generate more trade, such as a pool team. The premises are well-equipped to suit the trade with a large bar area. There is a commercial kitchen and a spacious lounge area, which we feel could be utilised to serve a lunch and evening menu. To the second floor is spacious 1-bedroom owners' accommodation with lounge, kitchen and bathroom. We feel this is an ideal lifestyle change opportunity to acquire an already busy pub in a prominent trading position. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £286,000 approx.
GP: 54%

Opening Hours
Mon - Fri: 9:00am to 11:00pm
Sat: 9:00am to 1:00am
Sun: 9:00am to 11:00pm

Accommodation Details
Substantial 3-storey semi-detached 19th century public house premises with 7-letting rooms and 1-bedroom owners' accommodation. Briefly comprising:

Ground Floor
• Large bar area with wooden bar servery with 4 points of dispense, chiller, electronic cash register, optics display, TV projector, pool table, dart board, 2 electronic games machines and jukebox
• Ladies and gents WCs with wash hand basins
• Traditional lounge with exposed feature beams and fireplace, large TV, electronic games machine, bar servery with 8 points of dispense, optics display and electronic cash register
• Office
• Commercial kitchen with 4-burner oven, double fryer, ice machine, double sink unit, 2 x fridge/freezers and store room

Lower Ground Floor
• Beer cellar fitted to suit the trade

First Floor
• Room 1: single bedroom
• Room 2: twin bedroom
• Room 3: twin bedroom
• Room 4: twin bedroom
• Room 5: twin bedroom
• Room 6: single bedroom
• Room 7: double bedroom with en-suite shower, WC and wash hand basin
• 2 x bathrooms with shower, WC and wash hand basin

Second Floor
• Lounge
• Kitchen
• Double bedroom
• Bathroom

External
• Covered smoking area with log burner
• Rear patio
• Parking facilities

Tenure
Advised freehold
   
  FOR SALE
   

REFERENCE:

2703 / RightBiz
   
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