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BEAUTIFULLY PRESENTED AND EXTREMELY BUSY FREEHOLD INN OFFERING LOVELY COUNTRYSIDE VIEWS FOR SALE LOCATED WITHIN THE VILLAGE OF LLANSANTFFRAID, POWYS, CLOSE TO THE ENGLISH BORDER

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  • Located on a good size plot within the heart of this desirable Powys village with lovely views to the rear.
  • Excellently refurbished Trading Areas including a Lounge Bar (circa 50-60), Restaurant (circa 60), Dining Room (circa 20), Snug Dining Area (circa 20) & Private Dining Room (circa 16).
  • Beautiful Rear Gardens offering seating for 100 along with a Children’s Play Area and lovely views.
  • Separate Plot of Land with Full Planning Permission for a 4 Bed Detached House with a Garage.
  • Owners 3 Bed Living Accommodation.
  • Car Park & Commercial Catering Kitchen.
  • Advised turnover circa £914,397 (incl. VAT) year end 03/19, based on a trade split of 65% dry and 35% wet.
HIGH TURNOVER, HIGH PROFITS AND EXCELLENT REPUTATION


ASKING PRICE £695,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This successful and thriving business is located on the High St of Llansantffraid, Powys.

Llansantffraid is a village in the county of Powys, close to the border with Shropshire, England, about 7 miles south west of Oswestry and 8 miles north of Welshpool. It is located on the A495 road, a busy trunk road heavily used for holidaymakers heading for the lovely West Coast of Wales.

This quaint and picturesque village offers a primary school, a range of shops and local amenities and a church.

The area is popular with tourists and is surrounded by caravan parks, campsites and holiday homes.

THE PROPERTY

This Freehold property is built of brick construction under various pitched tiled roofs and benefits from a prominent High Street position.

The Public Bar/Lounge Bar (circa 60) is an ‘L’ shaped room benefitting from an inviting bar servery area, carpeted flooring, feature fireplace, doors to the Terrace Garden and lovely views over open countryside.

The Restaurant (circa 60) is a lovely room running along the back of the property and again benefitting from the views. The room offers carpeted floors, doors to the terrace and quality furnishings.

The Middle & Front Dining Rooms offer seating for approx. 40 customers and are intimate and cosy rooms offering carpeted floors, wood panelling and exposed stone.

The Private Dining Room (circa 16) is ideal for small parties, meetings and family meals.

Ladies & Gents W.C’s + disabled facilities.

There is a good sized Commercial Catering Kitchen equipped with stainless steel appliances (not tested) and work surfaces along with a separate prep area and wash up.

The Ground Floor Cellar has a python system and coolers.

OWNERS ACCOMMODATION

Located on the 1st Floor and comprising of Two Double Bedrooms, Single Bedroom, Fully Fitted Kitchen, Lounge and Two Bathrooms all in very good condition.

LETTING ACCOMMODATION

To the rear of the property is a lovely Patio & Composite Terrace Area offering seating for approx. 100 customers and offering lovely countryside views. There is also a Children’s Play Area.

To the front is a Large Car Park.

BUILDING PLOT

To the side of the building is an unused plot of land that has now gained planning consent for a 4 Bedroom Detached House with a Garage.

TRADING HOURS

We are advised that the business trades with the benefit of the Premises Licence (not seen) which permits the sale of alcohol during the hours of:

Sun – Thursday 10am – 1am

Fri – Sun 10am – 3am

Current opening hours are:

7 days per week Midday - Midnight

NB. Important. Prospective purchasers wishing to continue to operate the public house should ensure that they gain the APLH Qualification in readiness for their intended operation of the Public House.

GENERAL REMARKS

The property and business is being offered for sale freehold (although we have not had sight of the title deeds). The property offers LPG and all other mains services along with being heated with gas central heating (no services tested). Business rates payable are advised as being £5,520 per annum payable.

THE BUSINESS

The current owners purchased the business in Sept 2015 and following a full refurbishment reopened in Nov 2015.

This business has gone from strength to strength over the past 4 years and has gained a fantastic reputation in the area for quality food and drink. The business continues to grow year on year and offers a fantastic opportunity for new operators to reap the benefits along with continuing to grow the business.

We are advised that accounts declare takings of circa £914,397 (incl. VAT) in the year end 03/19 on a trade split of 65% dry and 35% wet and offers an excellent reconstituted net profit of £156,000.

Accounting information will be made available to interested parties after viewing.

Viewing appointments must be made by contacting Guy Simmonds at sales@guysimmonds.co.uk.

Details Prepared: Jan 2020

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