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Well Established Restaurant And Bar In Staffordshire For Sale

Staffordshire, UK
Asking Price:
£1,400,000 Furniture / Fixtures included
Sales Revenue:
£507,564
Cash Flow:
Available on request

Annual Turnover £507,564 (Accounts 30 June 2019)
Gross Profit £276,313 (Accounts 30 June 2019)
AA Rosette Accredited From 2015 to 2020
Retirement Sale
Picturesque Surroundings
Excellent Online Reviews
Located In Much Sought-After Area
Includes 4 Bedroom Accommodation
Large Field Included in Sale (approx 3/4 acre) at Rear of Restaurant
Potential to Increase Business and Cater for Weddings
Large Private Car Park for 45 Cars
EPC - C

REF 6014 – Freehold Gastro Restaurant & Bar

Blacks Brokers are proud to bring to the market this freehold gastro restaurant and bar located in a much sought-after and popular area of Haughton, Staffordshire.

INTRODUCTION

The Shropshire Inn has been trading on Newport Road for many years, with our client in ownership since 2011. The business was previously a pub and restaurant with our client converting into a gastro restaurant and bar, expanding the client base and offering a diverse range of high quality food and drink choices. The business is proud to boast that the Taste of Staffordshire awards have recognised their efforts for the last five years. Also, the business is proud to have been awarded an AA Rosette Award for Culinary Excellence from 2015 up to 2020.

LOCATION

The business is located on the edge of Haughton Village on main road linking Stafford with Newport. The area is well populated with some other local businesses and shops close by. The site has a large outdoor area with parking and stunning views. The area is well linked by the M6 and A518.

REASON FOR SALE

The Shropshire Inn is only being offered for sale due to our client’s retirement.

BUILDING LAYOUT AND DESIGN

The Shropshire Inn is housed within the ground floor a large, detached property with private, off-road car park area. There is also a large field included in the sale (approx 3/4 acre) at the rear of restaurant. The business is branded very nicely with high quality signage displayed on all sides of the building. Inside, the restaurant is exceptionally well-presented with seating for 90. The area has a combination of both tiled and wooden flooring with wooden tables and chairs and neutral décor throughout.

The lounge bar offers a comfortable and relaxing area for diners, and houses two televisions, dart board and access to a large, disabled toilet along with both ladies and gents toilets. The catering kitchen is well-equipped with good quality ovens, fryers, work benches, commercial stoves and much more.
Each area is finished to a high standard with great attention to detail.

The first-floor houses part of the accommodation – this is a large living space with two bedrooms and this can be accessed both internally and externally. The accommodation is again, presented extremely well and comprises of a large lounge area, family bathroom with bath, storeroom and additional toilet.

The second floor houses a further two double bedrooms, office, shower room and storage room with boiler.
As with the business areas, the residential areas of the property are all finished to a good standard with great attention to detail. All areas are fully double glazed and have central heating in place.

Externally, the large car park also houses an outside toilet block used by staff along with a large utility block fitted with washing machine, tumble dryer and toilet.
All fixtures, fittings and equipment are of good quality.

STAFF

The Shropshire Inn is currently operating with 18 members of staff in employment including 5 chefs.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and The Shropshire Inn has traded solidly over its trading history. The business generates annual turnover of £507,564 (Accounts 30 June 2019) with a gross profits of £276,313 (Accounts 30 June 2019).

SUMMARY

This is an excellent opportunity to purchase a very well-established gastro restaurant and bar in a superb area of Haughton. The business has a most enviable reputation and a large base of regular customers, in addition to much passing trade in this area. The family accommodation is well presented and the grounds offer space for parking and events if desired.

This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Property Information

Property:

Freehold

Business Operation

Trading hours:

MON - THU: 12:00 - 14:30 / 17:00 - 21:00
FRI & SAT: 12:00 - 21:30
SUN: 12:00 - 20:00 - Closes at 9pm for food

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