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CHESHIRE FREEHOLD INN AND HOTEL WITH 6 LETTING ROOMS AND HMO LICENSE CENTRALLY LOCATED IN THE HISTORIC AND PICTURESQUE VILLAGE OF MALPAS CLOSE TO THE SHROPSHIRE & WELSH BORDERS

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  • Traditional inn in the centre of the lovely historic and affluent village of Malpas in South Cheshire close to England/Wales border.
  • Lounge Bar (40+) with raised Stage Area for live music and darts.
  • Snug Area with Table Football and TV; Pool Bar with Darts Throw.
  • Owners flat with 3 double bedrooms.
  • 6 Letting Rooms with HMO Licence and separate entrance.
  • Catering kitchen (not currently used).
  • Advised weekly turnover circa £2,600.
  • Approx. trade split is approx 77% wet; 23% accom.
AN EXCELLENT OPPORTUNITY TO ACQUIRE A FREEHOLD BUSINESS IN A LOVELY HISTORIC LARGE VILLAGE WITH FURTHER POTENTIAL


ASKING PRICE £335,000 FREEHOLD TO INCLUDE FIXTURES & FITTINGS, GOODWILL, EXCLUDING S.A.V.

Location

This substantial and traditional inn is situated in the beautiful unspoilt county of Cheshire, in the large village of Malpas (formally a market town). Malpas is an historic and affluent village located in South Cheshire, close to the borders of Shrewsbury and Wales. The building is located on Church Street across the road from the Grade I listed St Oswald's Church which stands on the highest point in Malpas on or near the site of a Norman motte and bailey castle.

Malpas has a bustling High Street and has a regular farmers’ market. The village has plenty of character with black and white half-timbered cottages and handsome Georgian houses. It has excellent schools including the outstanding Bishop Heber High School.

The village is located approximately 5 miles from the market Town of Whitchurch and 14 miles from the old Roman city of Chester. The area attracts walkers, day-trippers and holidaymakers with a superb range of local and national attractions which reflect the history, geography and heritage of the area including: St. Oswald’s Church; The gardens of Cholmondeley Castle and Erdigg Hall; Chirk Castle; Stretton Watermill; Hawkstone Park and Follies; Beeston Castle; Cheshire Ice Cream Farm; and for those who like walking both the North Wales border and the Sandstone Trail are close at hand. Chester and Bangor races are within easy reach, as is the motor racing circuit at Oulton Park.

THE PROPERTY

This substantial inn is a ‘black and white’ building, occupying an excellent prominent position in the centre of the village, close to The Cross.

The Lounge Bar (circa 40 + standing) is a traditional room and is carpeted with a brick-built bar servery, games machines, flat screen T.V. and a feature ‘open’ fireplace. There is a raised stage area for live music and a darts throw.

The Pool Bar has a warm and relaxing atmosphere. The room is carpeted and features a pool table, games machine, juke box, darts throw and upholstered perimeter seating. There is access to the bar servery. This room leads into the Snug Area which is carpeted with sofas, flatscreen TV and Table Football Game.

Ladies and Gents W.C.s.

There is a Commercial Catering Kitchen that is not currently used (appliances not tested).

There is a large lower-ground floor Cellar.

OWNERS ACCOMMODATION

The owner’s accommodation is situated on the 1st floor and briefly comprises: lounge; galley kitchen; family bathroom; and 3 double bedrooms (the smaller one is currently used for storage).

LETTING ACCOMMODATION

The letting accommodation is situated on the 1st and 2nd floors and briefly comprises: 2 single rooms; 3 double rooms; and 1 self-contained bedsitting room with its own kitchen, WC and bathroom. There is a shared galley kitchen and 2 shared shower/bathrooms. There is a separate entrance for the residents. The property holds an HMO licence for 6 rooms.

EXTERNAL

To the rear is a store-room, staff toilet and fire escape. There is a small alleyway to the side.

There is on-road parking close by and 2 car parks.

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- Sat 10am to 11pm

Current opening hours are:

Sun – Sat 1pm to 11pm

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). All mains services are connected with gas central heating (no services tested). Business rates payable are advised as being circa TBC.

THE BUSINESS

The current owner purchased the business approximately 38 years ago and now wishes to retire. The business has a loyal ‘wet sales’ local clientele. It is at the centre of the local community with darts and pool teams, as well as being a live music venue. The business also screens Sky sports.

The business benefits from having long-term residents in the letting rooms which require very little effort to run them. New owners could continue to operate the business using the same successful formula or they may wish to take the business to the next level with the potential to increase revenue by refurbishing/remodelling the rooms and utilising them as short-term letting rooms (at higher prices) for the many visitors to the area. The business lies in the centre of the village across the road from St Oswald’s Church and in our opinion, there is further scope to increase the turnover and profits by utilising the catering kitchen and exploiting the obvious food potential.

We are advised current weekly takings are in the region of £2,600 (including VAT) split 77% wet and 23% accommodation.

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

The property was viewed by Helen Russell who would be delighted to discuss further details and can be contacted on 07968 376590.

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

Details Prepared: February 2020

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