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The Navigation Inn, Maesbury Marsh, Oswestry, SY10 8JB

£360,000

Description

The Navigation Inn, Maesbury Marsh, Oswestry, SY10 8JB FOR SALE £360,000

  • Picturesque Public House/Restaurant
  • Traditional Lounge Bar and Dining Room
  • Extensive (100) Restaurant overlooking the canal
  • Canal side Beer Garden
  • Low rateable value – exempt from paying business rates
  • Listed building, no EPC required

PROPERTY DESCRIPTION                                                                                           

The popular border town of Oswestry is located close to the A5 and within easy access of the M54. The town lies within 20 minutes’ drive of many market towns including Shrewsbury, Llangollen, Welshpool and Wrexham and this allows the Navigation Inn to provide a hub for local residents and attract visitors to the area from far afield.

The Navigation Inn enjoys a picturesque waterside setting adjacent to the Montgomery canal, and overlook open countryside from its prominent position elevated from the road bridge. In addition to the attraction of the canal side location the property is only a short drive from Maesbury Industrial Estate making it the ideal watering hole and food stop for employees at the Estate.

The property is detached, being brick built under a pitched roof with tile covering. The Navigation Inn dates from 1795 and as a Grade ll listed building the property is exempt from an energy performance certificate. The property retains its period charm with many of the original features remaining to both the interior and along the canal side.

 Accommodation

GROUND FLOOR

The ENTRANCE LOBBY provides access to the two bars on either side of the lobby. The LOUNGE BAR has a corner bar servery with inglenook fireplace opposite. Seating is a mixture of traditional and rustic split over two levels. A SNUG offshoot of the Lounge Bar acts as an overflow DINING ROOM (18), furnished with farmhouse dining style tables and chairs. To the right of the entrance lobby is the RECEPTION BAR for the MAIN RESTAURANT. The RECEPTION BAR has  a corner servery together with wooden floor and loose seating in a traditional style around a feature fireplace. Beyond the fireplace access is provided into the extensive RESTAURANT. L-shaped in design and looking out to towards the bridge at the front of the property and over the canal to the rear this room has a heavy beamed ceiling, exposed brick walls and floor to ceiling glazed windows overlooking the canal  and  bridge. The RESTAURANT can cater for up to 100.

The CATERING KITCHEN is equipped to prepare the current menu and is located to the side of the RECEPTION BAR.

LADIES and GENTLEMEN’S TOILET FACILITIES are located off the trade areas.

LOWER GROUND FLOOR

Two large spacious rooms are level to the car park retain many original features. These rooms could be developed to provide extended trading areas subject to receiving the correct permissions. These rooms are currently used for general storage and the BEER CELLAR

FIRST FLOOR

Two en suite bedrooms are currently not used but could be refurbished to provide letting accommodation for The Navigation Inn.

The PRIVATE ACCOMMODATION is also located to the first floor and briefly comprises of two double bedrooms, large kitchen/diner, living room and family bathroom.

 Outside

A car park with parking for about 15 vehicles is to the side and rear of the property. A beer garden looking onto the Montgomery canal is enclosed within a low fence. The beer garden is accessed from the trade area of the property or via the car park.

The Business

Our clients trading accounts show annual net sales in the region of £180,000 with an excellent level of gross profit (circa 65%).

Full financial information will be made available to interested parties upon agreement with the vendors and following a formal viewing of the property. In order to protect the existing level of business, viewings must be made directly with our offices and arranged at a mutually acceptable time for all parties.

 Additional information

Premises Licence: We are informed a Premises Licence is held for this property. The Premises licence allows for the sale of alcohol between the hours of 12 noon to 1.00 am seven days a week.

Services: We are informed that mains drainage, electricity and water are connected. The property benefits from LPG tank gas for cooking and has oil fired central heating.

Business Rates: The rateable value for the property as of 1st April 2018 is £9,500. This value falls below the small business threshold allowing the property full exemption from paying business rates

Energy Performance Certificate EPC: The Navigation Inn is a Grade II listed building and does not require a EPC

 Tenure & Price

FREEHOLD £360,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.

Viewing details

Viewing is strictly by appointment only. Viewings can be arranged by calling MJD HUGHES Ltd on 01904 215241 or emailing info@mjdhughes.com

Disclaimer: MJD HUGHES Limited for themselves and for the vendors or lessors of this property whose agents they have been instructed give notice that (i) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract; (ii) all descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; (iii) MJD HUGHES Limited has no authority to make or give any representation or warranty whatever in relation to this property.

Address

  • Address: Maesbury Marsh
  • State/county: Shropshire
  • Zip/Postal Code: SY10 8JB
  • Country: United Kingdom

Detail

Updated on September 26, 2019 at 1:43 pm

  • Property ID: MH811
  • Price: £360,000
  • Property Type: Licensed Property, Public House, Restaurant
  • Property Status: For Sale

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