Buy a Freehold Restaurant in Powys For Sale business for sale in Llansaintffraid on BusinessesForSale.com

  • Advert ID: 665522
  • (Seller ref: 10440)

Freehold Restaurant in Powys For Sale


Price Reduced

Location:
Category:

Listed by:

Asking price:
£950,000
Sales revenue:
£285,000
Net profit:
Available on request


Bag a Business is delighted to offer for sale this highly regarded freehold restaurant business in such a prime trading location within Llansaintffraid. Jugs Restaurant has been established for over 25 years and has built up an enviable reputation throughout the region. It boasts a number of high profile awards including the prestigious 'Master Chef of The Year' award, as well as being a member of the Scottish Beef Club and the Craft Guild of Chefs. The stylish dining room is exceptionally spacious and benefits from 75 covers with an attractive bar area. Currently annual turnover is £285,000 achieving a 54% gross profit. This is a particularly desirable purchase as the property has undergone a substantial refurbishment programme and benefits from an unusually high standard of fixtures and fittings throughout. There is also self-contained 2-3 bedroom private living accommodation on the first floor with the internal configuration for conversion into 'letting rooms' if desired. This is a unique opportunity to purchase such a flourishing and highly regarded local business offering infinite scope for the future. Early discussions with Bag a Business must come highly recommended.


Property:
Freehold
Living accommodation:
Substantial two storey detached property within extensive grounds. Briefly comprising: GROUND FLOOR Main entrance. Porchway. Open-plan dining area with tables and chairs for 75 covers. Bar area - 3 taps. Disabled WC, gents WC, ladies WC. Large commercial kitchen - fully equipped. Still room. Rear delivery access. FIRST FLOOR - PRIVATE ACCOM (Scope for 6 letting bedrooms if desired). Office Double bedroom with en-suite shower room, WC, basin. Double bedroom with en-suite bathroom, bath with shower above, WC, basin. Fully fitted domestic kitchen. Very large lounge and further dining room. EXTERNAL Prominent corner site, Patio area with tables and chairs, Outside smoking area, Car park for 25+ vehicles Entrance double gates.
Location:
Jugs Restaurant is located in a prominent and highly desirable corner site trading location within the picturesque village of Llansaintffraid, six miles south west of Oswestry in Powys, Mid Wales. The business occupies a substantial detached property set amidst spacious grounds with enclosed car parking facilities for 25+ vehicles. The exterior has extensive patio areas and enjoys stunning views over the local countryside. The village has a full range of amenities and is very much a destination venue for all the nearby towns and villages. The region is a particularly popular residential area being within comfortable commuting distance of Shrewsbury and only 9 miles north of Welshpool. The area is also a haven for visitors and tourists all year round with numerous award-winning attractions in close proximity, including Lake Vyrnwy and the Tanat Valley.

Trading hours:
Mon: Closed Tues - Sat:12.00pm - 2.00pm & 6.00pm to close Sun: 12.00pm - 2.00pm

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