THE GREEN INN, LLANGEDWYN FOR SALE OSWESTRY, POWYS SY10 9JW
Public House - Free of Tie (viewing highly recommended)
• Prominently located extensively refurbished public house • Outstanding rural location in designated Area of Outstanding Natural Beauty • Large car park and beer garden • Suitable for a variety of alternative uses (subject to consents) • Large three bedroom private owner's accommodation
Price: Offers in the region of £400,000 (exclusive) - plus stock at valuation
hallsgb.com 01743 450 700 FOR SALE The Green Inn, Llangedwyn, Oswestry, Powys SY10 9JW
LOCATION / DESCRIPTION BUSINESS Formerly a chapel attached to the village of Llanrhaeadr-ym- The business was acquired by the vendors in March 2014. It is only Mochnant, Llangedwyn sits proudly on the northern slopes of the reluctantly offered for sale due to the vendors having other business picturesque Welsh Tanat Valley in an Area of Outstanding Natural interests and the fact that they cannot now enhance the current Beauty. business further as they do not have the time to devote to its further development. It is situated on the B4396, which runs between Oswestry and Bala one of the main tourist routes to the Welsh coast. The Tanat The property was extensively refurbished by the vendors shortly after Valley is on the Wales/England border and the Berwyn mountain its purchase, and the works have been ongoing. The business has developed an enviable trading reputation. range is close by. Please look at the business website: http://www.greeninn.co.uk/ The property is just 10 miles from the Shropshire market town of Oswestry and 15 miles from Lake Vyrnwy. The property benefits Financial information, including audited accounts, is available on request to genuinely interested parties. from fishing rights on the River Tanat. The turnover for the financial year ending 2016 was £223,421, with a The characterful public house, located just on the edge of gross profit margin of 52.5%. Llangedwyn Village boasts high quality refurbished licensed accommodation at ground and first floor levels, in addition to The fully licenced free of tie business together with the fully refurbished private living accommodation over the upper floors. property and large car park and beer garden offers an exciting business opportunity. It is set back slightly from the main road offering a large car park in front of the property, with an attractive landscaped beer garden to the front of the property. PLANNING Whilst benefitting from consent for a licenced premises it also benefits The property also benefits from a building at the rear which from planning permission in 2014 for conversion of the entire property provides three rooms on the ground floor and a bedroom and into a residential dwelling. shower room at first floor which are in need of refurbishment. We are informed by the vendors that this permission remains current. A viewing of the property is required to fully understand the Two further planning applications have been obtained to extend quality of the property and its business potential. There is further the upstairs flat, but both of these applications have now lapsed. land held in the property ownership on the other side of the road. Applicants will need to make their own assessment as to whether such permissions could be re-granted. ACCOMMODATION The property has been the subject of an extensive scheme of (All measurements are approximate) refurbishment works.
Ground Floor RATEABLE VALUE A quaint entranceway, leading into a traditional country house bar with stone floor and open fireplace with a wood burner. We made verbal enquiries to the local authority and have been advised as follows: There is an open plan restaurant to seat 34 covers and access to the bar Rateable Value: £7,250 servery. There is a games room to the rear, in addition to a utility room and customer WCs. Rates Payable: £3,383 First Floor However interested parties should make their own enquiries to the A large restaurant/function room to seat up to 38 covers, a small local authority. cocktail style bar office and catering kitchen with additional preparation room and store. EPC This floor also provides the lounge for the living accommodation. To Order.
Second Floor SERVICES Three double bedrooms, bathrooms and additional WC. Mains water and electricity are connected to the property. PRICE There is septic tank drainage, and a Calor tank for both gas cooking and Offers in the region of £400,000 (four hundred thousand pounds) central heating. (exclusive). Plus stock at valuation. FIXTURES AND FITTINGS A detailed inventory of fixtures and fittings included in the sale can be TENURE made available upon request. The property is offered for sale freehold to include fixtures, fittings and goodwill. VAT The property is understood not to be elected for VAT.
hallsgb.com 01743 450 700 FOR SALE The Green Inn, Llangedwyn, Oswestry, Powys SY10 9JW
LEGAL COSTS VIEWING Each party to be responsible for their own legal costs incurred in Strictly by prior arrangement with the Selling Agents. For more connection with the sale of the property. information or to arrange a viewing, please contact: James Evans FINANCIAL ACT 1989 E: [email protected] Unless otherwise stated, all prices and rents quoted are exclusive Rebecca Welch of Value Added Tax (VAT). Any intending purchaser should satisfy E: [email protected] themselves independently as to VAT in respect of any transaction. 01743 450 700
hallsgb.com 01743 450 700 FOR SALE The Green Inn, Llangedwyn, Oswestry, Powys SY10 9JW
James Evans E: [email protected] Rebecca Welch E: [email protected] 01743 450 700
IMPORTANT NOTICE Halls have advised their clients on the Code of Practice for Commercial Leases in England and water contamination. The purchaser is responsible for making his or her own enquiries in this regard. iii) Neither Halls Wales. Halls, for themselves and for the vendor of this property, or as the case may be, lessor whose agent they are, nor any of their employees has any authority to make or give any representation or warranty whatsoever in relation to the given notice that: i) These particulars are intended for guidance only. They are prepared and issued in good faith and are property. iv) The images show only certain parts and aspects of the property at the time they were taken/created. Any areas, intended to give a fair description but do not constitute part of an offer or contract. Any information given should not be measurements or distances given are approximate only. Any plans are for identification purposes only. v) Any reference relied on as a statement or representation of fact or that the property or its services are in good condition. ii) Halls have to alterations to, or use of, any part of the property is not a statement that any necessary planning, building regulations or not made any investigations into the existence or otherwise of any issues concerning pollution and potential land, air and other consent has been obtained. An intending purchaser must verify these matters. An occupier should not rely upon the
hallsgb.com 01743 450 700