Town Centre Public House In Historic Whitchurch Shropshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this popular town centre public house, which was established in 1900 and which is only now being placed on the market due to our client's other business interests. At present the business is run by managers and is free of tie. The property was completely refurbished in by our clients in 2011, offering a true walk-in-and-trade opportunity. The business benefits from a 3-bedroom flat to the first floor, which is ideal as owners' accommodation. The business generates a healthy turnover derived from a wet/dry split of 80/20, which could be increased by embarking on a modest marketing campaign and extending the opening hours. We feel this is an ideal opportunity to acquire a town centre public house in such a delightful location and with scope for future growth. Early discussions with Preferred Commercial are highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold:
New 10/15 year lease to be negotiated
Rent: £36,000 per annum

Leasehold rent:

£36,000 per annum

Location:

The Red Lyon is ideally located in the heart of the town centre of Whitchurch in Shropshire. The pub is surrounded by complementary shops and business and benefits from a high footfall. There is a car park to the rear of the pub and the local bus station is just a short walk away. Whitchurch is a historic market town, which dates back to Roman times. The town lies close to the border with Wales and is 14 miles north of Shrewsbury. Crewe lies 16 miles northeast, Wrexham 15 miles to the west, while Chester lies 19 miles to the north.

Premises details:

Recently refurbished 3-storey premises situated on a busy town centre high street. Briefly comprising:

Ground Floor
• Open-plan bar/lounge area with carpeted floor, free standing wooden tables and chairs, large flat screen TVs, 2 x electronic games machines, wooden bar servery with 11 points of dispense, 2 EPOS cash registers, bottle chillers and optics display
• Ladies WCs
• Gents WCs
• Games room with exposed beams and pool table
• Beer cellar with cooling system and ice machine
• Commercial kitchen with 6-burner hob and ovens, deep fat fryer, stainless steel preparation surfaces, stainless steel extraction system, grill, griddle, refrigerators and freezers

First Floor
3-bedroom flat, briefly comprising:
• Lounge
• Kitchen
• Bathroom
• 3 x bedrooms

External
• Patio style seating to rear
• Car park

Other information

Trading hours:

Mon: Closed
Tues - Thurs: 11.00am - 11.00pm
Fri - Sat: 11.00am - 1.30am
Sun: 11.00am - 8.00pm