Character village pub for sale in Montgomery

This property is marketed by:
Sidney Phillips

Key Features

Character stone cottage style public house in sought after village 

“Olde Worlde” trading areas, lounge bar with 3 open fires 

Catering kitchen and ancillary areas

Three bedroom owners accommodation

Trade garden with outstanding country views

Two large car parks

Available on sensible free of tie terms from private landlord

Description

This cottage style stone property resides within in a sought after residential village in Shropshire close to its border with Powys. The property offers character lounge bar with open fires and small dining room. Catering kitchen. Three bedroom owners accommodation. A feature of the property is the trade garden with outstanding country views. Two large car parks. Available on sensible free of tie lease.

Location

The village of Priest Weston resides within the beautiful Shropshire countryside in part of the Welsh Marches Region. The village is located near to the border with Powys at the foot of Corndon Hill, and home to a number of character properties along with the Miners Arms.

The Miners Arms is a character stone constructed cottage style property that sits at the edge of the village. The property offers character trading areas with “Olde Worlde” charm with a number of solid fuel burners and open fireplaces. It offers easy to operate trading areas to ground floor with accommodation above and has the benefit of a garden to the side with outstanding views across the surrounding countryside.

The business has been operated by our clients for ten years and they have decided to let the property on sensible free of tie terms to suitably qualified tenants. 

Property

TRADE AREAS 

Entrance to Inner Hallway connecting the trading areas. LOUNGE BAR with partial dividing central wall, having a mixture of carpeted and quarry tiled floor with heavily beamed ceiling. Part wood panelled and exposed stone walls. Three fireplaces, one to a large inglenook fireplace with wood burner installed, open fireplace with brick surround and slate hearth with wood burner installed. Central bar servery. A mixture of fixed bench and loose tables and chairs for approximately 40 customers with ample room for more standing. 

Separate DINING ROOM with quarry tiled floor, heavily beamed ceiling. Feature fireplace with solid fuel effect electric fire. Seating for eight.

CATERING KITCHEN with selection of commercial catering effects. 

LADIES and GENTLEMEN’S TOILETS. STORE.

OWNERS ACCOMMODATION

Consisting of LOUNGE, KITCHEN, THREE BEDROOMS and BATHROOM.

EXTERNAL 

Immediately to the side of the property is a LAWNED BEER GARDEN with seating for approximately 40 customers, timber constructed CHILDREN’S PLAY AREA and timber constructed SMOKING SOLUTION.

TWO CAR PARKS: first to the front of the property for approximately 12 and second to the rear for approximately 20.

Tenure

FREEHOLD £335,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. 

Or alternatively- 

LEASEHOLD £15,000 to include the new lease, trade furniture, fixtures, fittings, effects and goodwill.

TERM: Three years.

RENT: £22,000 per annum exclusive of VAT.

TIE: Free of tie.

DEPOSIT : The successful applicant will be required to lodge with the freeholder a security deposit of £5,000.

ASSIGNMENT: The lease is to be fully assignable.

LANDLORD & TENANT ACT: Contracted out of Part II of the 1954 Landlord & Tenant Act.

REPAIRS: This is to be a full repairing and insuring agreement.

INSURANCE: The freeholder will insure the building the sum of which is to be reimbursed by the tenant by way of an insurance rent. The tenant to insure against public and employers liability and contents loss.