The Midlands office of specialist property agents Sidney Phillips, is offering a long established premier country inn come hotel for sale.
The Down Inn is located on the B4364 Bridgnorth/Ludlow road, approximately three miles south west of the A458 and the town of Bridgnorth, enjoying significant volume of passing traffic travelling between Bridgnorth and Ludlow. The premises are set in an elevated position in attractive rolling countryside with excellent rural views.
This detached purpose-built Country Inn is arranged on two floors and boasts a bar and lounge area (40), dining room (60), function suite (100), 8 quality letting tooms and a sizeable car park (100).
The Down is particularly well known as a destination for functions and Sunday lunch which is offered by way of a carvery. The business trades well throughout the week but is particularly busy at weekends being a noted destination ‘wining and dining’ venue. The Down Inn enjoys an excellent long established trade with sterling net sales, gross profit and a significant net profit.
John Williams of Sidney Phillips, who is handling the sale, commented: “This business has been in the present ownership for some fifteen years and this sale presents a rare opportunity to acquire a highly successful and profitable business ideal for owner/occupation or to be run under management. The property has been the subject of significant investment and is presented in good order throughout. It also benefits from planning permission is held for a further three letting bedrooms.”
The freehold interest of the Down Inn is being marketed off an asking price of £1,500,000.
For further information about this business for sale, please contact Sidney Phillips’ Midlands office on 01981 250333 or Click here for more detail.