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SY10

£35,000

Business rates & charges may apply

Sidney Phillips Limited, The Midlands
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SECTOR

Pub for sale

Description

NEW FREE OF TIE LEASE

The pleasant village of Llangynog nestles in the picturesque Tanat Valley, astride the B4391 Bala Road close to the eastern border of the Snowdonia National Park as well as the coast. Despite its remote location it is only 15 miles west of Oswestry and the main A5 trunk route. It is a popular tourist location with easy access to the Snowdonia National Park, Lake Vrnwy, and is home to a large number of caravan and camping parks in the close vicinity. Also in the village are two very busy bike parks which operate all year round which bring in additional income to the business.

The New Inn is reputed to date from circa 1751 with the original building being extended many times over the years. The New Inn is an attractive property of stone and block construction with partially colourwashed elevations under predominantly pitched slate tiled roofs. It provides a character three section lounge bar with separate restaurant and breakfast room. It also benefits from ten letting bedrooms that can easily be reconfigured to provide a two bedroom flat and eight letting rooms. Outside seating to the front and rear and its own car park with the added benefit of direct access to the adjacent public car park.

Our clients have operated the business for a number of years and it is currently trading very successfully with turnover slightly below £500,000, including VAT. However, they are nearing retirement and would like to offer an opportunity to enthusiastic operators to continue with this successful business
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SY10

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Welshpool Station16.1 miles

About Sidney Phillips Limited, The Midlands

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

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