Well-established Idyllic Country Pub in Mid-Wales.

Llanidloes, Powys
REF: R06596

Asking Price:
£89,950
Annual Turnover:
£217,000
Annual Net Profit:
TBC
REF: R06596

Overview

Tenure:
Leasehold
Established:
1790
  • Picturesque yet accessible location
  • Self Contained one bedroom apartment
  • Fantastic reputation for its food and service
  • Sizeable premises with guest accommodation (3 successfully rented rooms)
  • Impending caravan club approval
  • Excellent opportunity for growth

An exciting opportunity has arisen to purchase a very well-established pub in the heart of Wales.

Trading successful for over 70 years, the pub has become renowned for its delicious, home cooked food and outstanding customer service, leading to its well-deserved reputation spread online as well as via word of mouth.

Just yards out of the town centre, the pub offers a relaxing space and extensive menu for customers to enjoy, serving dishes such as tapas, pie and mash and a range of local ales. Mainly visited by employees of surrounding businesses, local residents and travellers passing through the area, the pub not only provides delicious, home cooked food but also a charming retreat, with three rooms for a comfortable overnight stay.

A new owner would acquire its sizeable premises and loyal customer base to develop the business further.

Trading from a large, traditional premises, the pub boasts a monochrome Tudor style frontage and exposed stone walls inside. The main bar area leads through to a dining area lined with dark wood table and chair seating. Beyond this is a kitchen equipped with a variety of appliances, whilst behind the well-stocked bar is a small store with access to the cellar.

Stairs lead to the guest accommodation above, comprising of 3 rooms; (2 double, with 1 being en-suite) and 1 twin room. A 2-bed apartment can also be found on this floor, complete with kitchen, bathroom with bath and shower and a living room. Outside is a fantastic seating area with an outside bar. A huge car park provides ample parking and is due to gain caravan club approval to advertise as a location to stay and camp.

Alongside its informative website, the pub’s accommodation is also advertised on Airbnb; through which it receives numerous reviews from guests delighted with their stay and promising to return.

This proposition would make a fantastic opportunity for a pub owner looking to expand or a first time operator entering the industry.

A new owner could choose to develop the business further through increased marketing on social media, as well as longer opening hours. Expanding the menu to cater to more tastes would also be a great way to attract new customers.

The existing owner would be willing to discuss a transitional period in which they hand the business over to its new proprietor.

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  • Picturesque yet accessible location
  • High footfall area
  • Town location
  • Complementary businesses nearby
  • Brilliant exposure
Rent
£19,200
Rates
£3,000
Lease Term
10
Lease Expiry
###
Square Footage
TBC
Accommodation Included
1
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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