SHROPSHIRE - MARKET TOWN CENTRE COACHING INN

A Grade II Listed Georgian former coaching inn which occupies a prime position in the centre of the town. It has a wealth of period charm and character and the former carriageway access leads to a courtyard garden beyond. In addition to the public house there is spacious owners accommodation, letting accommodation and a separate Shop Unit.

The riverside town of Bridgnorth stands astride the River Severn and is one of the West Midlands most popular and sought after residential locations, commanding some of the highest property values in the UK. The town is located at the junction of three major “A” routes and is well known for being the terminal for the Severn Valley Steam Railway. It is also the home of a funicular railway, the Castle Hill Railway, which is not only the steepest but the only inland railway of its type in England.

The White Lion is a Grade II Listed Georgian former coaching inn which occupies a prime position in the centre of the town. It has a wealth of period charm and character and the former carriageway access leads to a courtyard garden beyond. In addition to the public house there is spacious owners accommodation, letting accommodation and a separate Shop Unit. The property is briefly described as follows:-

LEASEHOLD £28,500 to include the inventory of trade furniture, fixtures, fittings and effects. Stock at valuation in addition.

TERM: For a term of six years
LANDLORD & TENANT ACT: This agreement will be protected by Part II of Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable, subject to Landlord’s consent
DEPOSIT: The successful applicant will be required to lodge with the freeholder a security deposit equivalent to one quarter’s rent in advance
RENT: Annual rent £38,000 paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Full repairing and insuring lease agreement
TIE: Free of all trade
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: Please note that VAT will not be payable on the Premium and rental payments

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

Viewing strictly by appointment only.

Under the terms of the Premises Licence the business is permitted to retail alcohol on and off the premises between 10am to 11.30 pm Sunday to Thursday, and 10am to 1.30am on Fridays and Saturdays.

All mains services are connected
Gas fired central heating