The property is currently being run as the Coach and Horses public house and restaurant with the ground floor consisting of 2 bar areas, a good sized restaurant providing seating for 50 covers with toilets and offices on the first and second floor levels. The property also benefits from a roof terrace.
There is also a generous sized 2 bed residential apartment at first floor level which is currently rented out. The flat has a good sized kitchen, living room, bathroom and 2 bedrooms along with a roof terrace.
The extensive nature of the property and its accommodations means there is significant potential, subject to statutory consents.
The Coach and Horses is reported to have stated trading as a public house is 1861.The public house and restaurant occupies a prime position within Shrewsbury historic town centre and is favoured as a traditional option for visitors.
The business is currently run by the proprietors with assistance from staff and offers the opportunity to acquire a profitable business. Further information including trading accounts are available from the selling agents upon request.
The business is licenced and has an enviable reputation in the town as a restaurant and traditional pub and benefits from additional income generation from the 2 bedroom flat. The residential flat provides multi functional accommodation that can be used in association with the business or as an alternative income stream.
Shrewsbury is a growing tourist centre and county town and is the birthplace of Charles Darwin and boasts over 600 listed buildings, including the Castle and the Abbey. There is vibrant entertainment all year round, with a wide range of events throughout the year, including the International Cartoon Festival in April, Shrewsbury Food Festival in June, the Flower Show in the middle of August and the Shrewsbury Folk Festival at the end of August, as well as various family activities throughout the year.
The town is a university town, and has recently been voted the eighth 'Happiest Place to Live in the UK' from more than 200 towns and cities throughout the country. Shrewsbury is also proud of its prestigious Purple Flag status for its evening and night-time economy.
Shrewsbury is the county town of Shropshire with a borough population in excess of 90,000 people and an estimated retail catchment in excess of 250,000 people within 30 minutes drive time. The Shropshire Tourism Economic Impact Assessment estimates that in excess of 2.5 million people visit the town annually with an estimated tourism spend of £130,000,000. The town is the gateway to mid-Wales and via the A5 offers easy access to the M54 Motorway and National Road Network.
A rare opportunity to acquire a well known town centre public house/restaurant in a prominent location
Currently operating as a licensed pub and restaurant with a residential tenant above
Prominently located on Swan Hill in Shrewsbury Town Centre
Generously sized accommodation providing bar and restaurant seating for 50 covers know
Gross Internal Floor Area of 332 sq m (3,573 sq ft)
Suitable for a variety of uses subject to statutory consents
( Agency Pilot Software ref: 49090 )