£800,000
(£400,000.00/sq. ft)
Leisure/hospitality for saleOswestry SY11
1 sq. ft
About this property
The market town of Oswestry is located in the county of Shropshire, close to the Welsh border. It is governed by the Shropshire local authority and at the time of the 2021 census, had a population of approximately 17,500. It is a busy junction, being at the meeting point of the A5483 and A495 which provide road access throughout the region. It is approximately five miles from the Welsh border, 14 miles from Wrexham, 15 from Welshpool, 20 Whitchurch, 19.5 Shrewsbury and 26 Chester.
The subject properties are located at the heart of Oswestry, just 100 metres from the town centre. The nightclub faces New Street and the two residential properties face Willow Street. In total, the site extends to approximately 0.28 acres and provides three separate rental incomes including commercial property by way of a nightclub retail unit, two residential units and a barn with potential for development.
The current owners previously operated the nightclub successfully and lived in one of the adjacent residential units. More recently, all properties are let and produce a rental income of £57,000, the breakdown of which is shown below:
Ro-Loz Bar & Nightclub: £39,000 per annum
Shop Unit: £6,000 per annum
26 Willow Street: £6,000 per annum
26B Willow Street: £6,000 per annum
Barn: Not rented
freehold investment £800,000 for the freehold properties and trade furniture, fixture, fittings and effects and of the nightclub only. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
The subject properties are located at the heart of Oswestry, just 100 metres from the town centre. The nightclub faces New Street and the two residential properties face Willow Street. In total, the site extends to approximately 0.28 acres and provides three separate rental incomes including commercial property by way of a nightclub retail unit, two residential units and a barn with potential for development.
The current owners previously operated the nightclub successfully and lived in one of the adjacent residential units. More recently, all properties are let and produce a rental income of £57,000, the breakdown of which is shown below:
Ro-Loz Bar & Nightclub: £39,000 per annum
Shop Unit: £6,000 per annum
26 Willow Street: £6,000 per annum
26B Willow Street: £6,000 per annum
Barn: Not rented
freehold investment £800,000 for the freehold properties and trade furniture, fixture, fittings and effects and of the nightclub only. Stock at valuation in addition.
No direct approach to be made to the business; please direct all communications through Sidney Phillips.
Viewing strictly by appointment only.
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