£1,150,000

Hotel for sale

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Freehold

Offers in region of

£1,150,000

(£81.30/sq. ft)

Hotel for sale

Ellesmere Hotel, High Street, Ellesmere SY12

14,145 sq. ft

Local area information

Property location

Nearby amenities

  • Lakelands Academy 0.4 miles
  • Ellesmere Primary School 0.7 miles
  • Gobowen 6 miles
  • Ruabon 7.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Substantial prominently located Hotel with the benefit of a large bar and restaurant on the ground floor with 20 letting rooms with proprietors’ accommodation
  • Long established profitable business
  • Outside seating area and car parking
  • Free of tie and significant future potential
  • Estimated Rates Payable: £13240.5
Description

The property comprises of a large prominently located part three, part two and part single storey part Grade 2 listed property with two basement areas. The property is arranged on the ground floor to provide a large public bar area with cellarage, a restaurant that provides the potential for over 80 covers, commercial kitchen and toilets and ancillary stores and accommodation. The upper floors are arranged to provide twenty letting rooms including currently a proprietor flat.
The size and potential of the property can only be appreciated by undertaking an internal inspection of the property. The property benefits from a large external seating area to the rear of the property and approximately 8 car parking spaces. The property is located at the rear immediately adjacent to the public car park that serves the town centre of Wem.
The property provides extensive accommodation with a Total Gross Internal Floor Area of approximately 1,314 m sq (14,145 ft sq).
The property is free of tie and has been subject to an ongoing scheme of improvement and refurbishment works and is well presented.

Location

The property is prominently located fronting onto High Street in the lovely town of Ellesmere, where all local amenities are available. High Street serves as one of the main retail streets in the lovely town of Ellesmere with the surrounding occupiers including Ismays, adt, Ellesmere Dental Practice, Shropshire Fish Bar and Halls.
Ellesmere is an established tourist town that is in Shropshire near to the Welsh border.
The town is located approximately 15 miles northwest of the county town of Shrewsbury, approximately 8.5 miles northeast of the town of Oswestry and approximately 12 miles southeast of the city of Wrexham. The town is in proximity of several prominent meres. The town is located by the side of The Mere, one of the largest natural meres in England outside of the Lake District. There are eight other meres close by and the town benefits from being surrounded by lovely countryside and walks.
The town had a population of 3,835 at the 2011 census. The A495 and A528 roads cross in the town of Ellesmere. The town lies beside the Llangollen Canal, the canal terminates just outside Llangollen after passing through the 18km World Heritage site. The nearest railway to the town is at Gobowen.

Business

The business is long established and has been run by the existing proprietors for over 17 years and is only reluctantly offered for sale due to retirement. The business trades offering a spread income base from wet sales, dry sales and letting accommodation.
Please see below the link to the website of the business.
Ellesmere Hotel - Ellesmere Hotel, Ellesmere, Shropshire.
The business is run by the proprietors with two full time staff and a variety of casual staff- further details are available from the selling agents upon request.
The business trades on the following hours currently:
Monday- Thursday 4pm to 11pm
Friday 4pm to 1pm
Saturday 12am to 12.30pm
Sunday 2pm to 11pm
The business has a licence that allows it to trade from 10am to 2am, there is therefore significant potential to increase the hours of trading.
The business is free of tie.
The business for the financial year ending April 2024 had a turnover of approximately £425,000. There is significant potential to increase the turnover of the business through extended opening hours and intensified use of the letting rooms. Further financial information including audited trading accounts are available from the selling agents upon request.

Fixtures & Fittings

An inventory of fixtures and fittings that are included in the business sale can be made available from the selling agents upon request.

Planning

The property is understood to benefit from its planning consent as a hotel/letting rooms with licenced premises that falls within Use Class C1 and Use Class Sui Generis of the Town and Country Use Classes Order 1987. The property is understood to be Grade 2 listed.

Services

All mains services are understood to be connected to the property. The property is understood to benefit from gas fired central heating. The property has the benefit of three phase electricity.

Tenure

The property is offered for sale freehold with vacant possesion.

Anti-Money Laundering (Aml) Checks

We are legally obligated to undertake anti-money laundering checks on all property purchasers. Whilst we are responsible for ensuring that these checks, and any ongoing monitoring, are conducted properly; the initial checks will be handled on our behalf by a specialist company, Movebutler, who will reach out to you once your offer has been accepted.

The charge for these checks is £30 (including VAT) per purchaser, which covers the necessary data collection and any manual checks or monitoring that may be required. This cost must be paid in advance, directly to Movebutler, before a memorandum of sale can be issued, and is non-refundable. We thank you for your cooperation.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Halls Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Halls Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Ellesmere
  5. High Street