£545,000

Restaurant for sale

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Just added
Business

£545,000

(£545,000.00/sq. ft)

Restaurant for sale

High Street, Telford TF8

1 sq. ft

Local area information

Property location

Nearby amenities

  • Coalbrookdale and Ironbridge CofE Primary School 0.5 miles
  • William Reynolds Primary School 0.8 miles
  • Telford Central 4.1 miles
  • Oakengates 4.8 miles

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

Features and description

The riverside village of Ironbridge sits on the banks of the River Severn at the heart of Ironbridge Gorge, which in 1986 became one of the first UK sites to be awarded World Heritage status by unesco. Recognised for the areas unique and unrivalled contribution to the birth of the Industrial Revolution in the 18th century, the impact of which is still felt across the world today. Its unesco status, along with the large number of local tourist attractions and special events staged in the area ensure a huge number of visitors throughout the year with Grays positioned at its heart and within 50 metres of the famous Iron Bridge.

Grays of Shropshire is a traditional Victorian Grade II listed terraced property constructed of brick under a pitch tile roof, offering accommodation over five floors. It enjoys a number of period features throughout which contribute to its charming ambience. The multi-award winning business has been developed by the current owner since 2016 and has proved exceptionally popular, carving a unique niche in the hospitality market. It enjoys an enviable reputation for its customer service and outstanding food which have been the foundations of this well established and very profitable business. The business and premises are being offered for sale due to the owners wish to retire and provide an excellent opportunity for like minded or other commercially minded parties looking for a business and premises with real potential in this prime location.
Trade areas

Front entrance from the high street leading into shop and delicatessen having a wealth of charm and character, original Victorian bread oven, stripped wood effect flooring, cheese counter, service counter, barista counter, shelving and refrigeration.

The basement level serves as both extra dining space for 20 or separate function room with heavily beamed ceiling, partially wood panelled walls, tiled floor. Catering kitchen quarry tiled floor, tiled walls, extraction, selection of commercial and domestic catering effects and equipment. External door. Gas central heating & radiators throughout.

First Floor
landing, having original boarded floor and wood panelled walls, seating for two. Private dining room seating 6 with private cloakroom. Tea room seating 20, again with delightful French inspired character. Main cloakroom, service cupboard, office.
Letting accommodation

Private ground floor entrance from side cobbled walkway with stairs to first floor landing with bathroom having large walk in shower, W/C and basin.

At second floor is a fitted kitchen/diner, dining table with views at the rear of the river. Double bedroom. Lounge which doubles as a second bedroom, having two sofa beds. Again, having fantastic views. Gas central heating & radiators throughout.
External

To the side of the property is an enclosed cobbled walkway with access to the apartment and kitchen and small patio at the rear with outstanding views of the bridge and river Severn.
Access to commercial kitchen.

Freehold £545,000 to include goodwill, trade furniture, fixtures, fittings and effects. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.

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Property descriptions and related information displayed on this page are marketing materials provided by - Sidney Phillips. 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 Sidney Phillips for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Shropshire
  4. Telford
  5. Ironbridge
  6. High Street