HOTEL, BAR & RESTAURANT - SHREWSBURY

Shrewsbury, Shropshire

Ref: 121477

Leasehold £299,500 Or Nearest Offer
Status For Sale

Key Features

  • Newly Refurbished
  • Consistently impressive levels of turnover & profitability
  • A fantastic town centre trading position
  • Stunning detached converted former church premises with wealth of features
  • Local council Heritage Design Award
  • 13 en-suite letting rooms
  • Extremely spacious and superbly appointed dining/bar and function facilities
  • Valuable inventory of fixtures and fittings included
  • Long secure free-of-tie lease
  • Sensibly priced for quick genuine sale
  • Viewing absolutely essential
  • AdvertText

    My Own Business Sales are delighted to bring to market this Impressive 4-storey landmark detached character premises with wealth of stunning feature & excellent year-round trade currently offering 13 en-suite rooms with spacious & superbly fitted non-resident licensed dining/bar & function room facilities. Turnover circa £750,000 pa & projected to rise to £1 million pa. Recent £500,000 refurbishment program and viewing highly recommended.

    Location

    The subject premises occupy a fantastic trading position in the very shadow of the medieval castle visitor attraction of the prosperous and historic year-round riverside tourist market and county town of Shrewsbury, which lies with excellent access to major road and motorway links (A5, A49, A53, A458 and M54 junction 7 etc.) in the delightful Severn Valley area of Shropshire.

    Business Description

    My Own Business are delighted to present this fantastic opportunity to acquire a thriving commercial proposition of exceptional quality and uncommon further potential, which we are confident you will agree represents genuine value.

    “The St Nicholas Boutique Hotel” is also locally renowned for its full and varied menus of classic lunchtime bistro, afternoon tea and full a la carte evening cuisine, including an excellent choice of steak and grill options.

    All food is prepared freshly to order in its extensively equipped commercial catering kitchen employing the finest and freshest, locally-sourced produce and served in the very pleasant surroundings of a charming, welcoming and tastefully furnished in-house café and restaurant, which may accommodate up to sixty covers in style and comfort and includes all the superbly fitted traditional non-resident licensed bar facilities associated with an establishment of this kind.

    The hotel is also becoming a popular venue for weddings and other private parties accommodated in a spacious and versatile dedicated 100-cover function room with its own bar, kitchen and comfort facilities and would naturally furnish any enthusiastic purchaser with considerable scope for continued growth, not least with regard to further development of its non-resident licensed dining and hospitality services and to exploiting the full letting potential which will be available on completion of four additional luxury suites.

    The business would also benefit greatly by adopting a more vigorous marketing policy of its excellent existing facilities and services, both through its own informative dedicated website and to further development of its social media presence, in order to improve upon the already impressive opening levels of turnover it has achieved since being established in its present form in 2016 by the current proprietor, with the aid of an experienced and motivated team of 5 full-time and 4 part-time staff alongside a contracted cleaning company who would be an asset to any purchaser, and we would unreservedly recommend a viewing.

    Property Description

    These stunning and scrupulously maintained FOUR STOREY leasehold former ecclesiastical premises have been sympathetically converted and modernised whilst retaining many stunning original features including a wealth of exposed timberwork and stained glass windows.

    Fitted to superb industry specifications, thanks to an extensive programme of refurbishment undertaken at great expense by the current proprietor over recent years, the premises provide truly outstanding internal business accommodation with Wi-Fi internet access throughout which, to the GROUND FLOOR, briefly comprises an impressive and inviting arched and glazed public vestibule entrance with disabled access directly off Castle Street into a welcoming reception foyer area with fully fitted service desk with full complement of payment facilities.

    The reception foyer area also affords staircase access to the upper floors and easy level access through to the property’s charming and spacious dedicated café bar and restaurant (“The St Nicholas Bar & Grill”) with truly magnificent columned archways, feature spotlighting, polished timber flooring throughout for easy cleaning, stylish furnishings for approximately 60 covers and a prominent and fully fitted, timber-built free-of-tie licensed servery with range of draught pumps, bottle and glass display and storage shelving, chilled drinks display cabinets, modern coffee machine and electronic till/food ordering point etc.

    The café and restaurant is served by a large, fully fitted and extensively equipped commercial kitchen with extraction system housing ample stainless-steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of modern and well maintained, industry standard stainless-steel catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.

    Further ancillary accommodation to the ground floor consists of a general dry goods/bottle and barrel store with separate access for deliveries, together with all the usual separate male and female washroom/WC facilities for customers and a further, separate, fully disabled compliant cloakroom/WC.

    Accessed by means of a staircase from the ground-floor reception foyer area, to the FIRST FLOOR a landing area affords access to further accommodation, which consists of four luxury executive-standard suites. Further ancillary accommodation to the first floor consists of two good-sized general/linen stores, together with a fully furnished and computerised private and general administration office with full complement of telephone lines, internet links and industry specific business management and online booking systems.

    To the SECOND FLOOR a landing area affords access to further outstanding business accommodation which consists of a spacious and versatile dedicated function room which may comfortably accommodate up to 100 covers and houses its own, fully fitted free-of-tie licensed servery.

    Further ancillary accommodation to the second floor consists of an additional, fully fitted and equipped catering kitchen for the provision of buffets for functions, together with additional separate male and female washroom/WC facilities allowing the function room to operate independently from the ground-floor restaurant and bar facilities.

    There are a further 4 en-suite rooms to the second floor.

    To the THIRD FLOOR the property provides a further 3 en-suite rooms.


    To the FOURTH FLOOR there are a further 2 en-suite rooms.

    Externally:

    Occupying a stunning trading position adjacent to the historic castle visitor attraction of the vibrant and prosperous year-round riverside tourist market and county town of Shrewsbury in the Severn Valley area of Shropshire, to the exterior the premises are well signed and immaculately presented, with customer parking available in a number of nearby public car parks.

    Additional Information

    For further information, why not visit the business’ excellent dedicated website with online booking system at:-

    www.stnicholasshrewsbury.com

    Fixtures & Fittings

    The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price

    Enquire about this business

    Kelly Hill
    HeadOffice

    Ref: 121477

    We use these details only to respond to your enquiry. See our privacy policy.

    What could your business be worth?

    Free and confidential. No upfront fees, no withdrawal fees. Or call 0161 549 1492.

    Get my instant estimate
    PROFESSIONAL|TRUSTED|ESTABLISHED