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Church Street, Bishops Castle, Shropshire, SY9
Offers in the region of £1,000,000 | 10 bedrooms

**SELF CATERING HOLIDAY LET BUSINESS UNAFFECTED**
A delicensed Grade II listed 16th Century Inn run as a very lucrative holiday let business sleeping 23 persons, offering 10 bedrooms, 6 bathrooms, a Game Room, Sauna, Commercial Kitchen with Personal Chef, Terrace with Hot Tub and Off-Street Parking, simply a fantastic investment opportunity. Situated in the heart of the popular south Shropshire market town of Bishops Castle. EPC Exempt. Viewing strictly by appointment only.


The current owner has enjoyed this fabulous business property for 14 years, initially running it as a public house before delicencing it to run a unique holiday let business. It is the oldest public house in Bishops Castle dating back to 1597, formerly a coaching inn with stabling for 23 horses. Over the 14 years, the property has benefited from extensive renovations, updating and modernisation all in line with its Grade II listing. The property benefits from oil fired central heating throughout with two storage heaters in the Games Room and WCs, cooking in the commercial kitchen is via LPG.

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This characterful 16th Century coaching inn is situated within the heart of the popular market town of Bishops Castle, amidst the unspoilt South Shropshire countryside, which is a true haven for holidaymakers.

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The accommodation is split into two with the ''Curly Tail' offering four ground floor motel rooms, all with en-suite shower rooms. There is potential to convert this building into a dwelling, subject to the necessary planning consents, if so desired. The ''Curly Tail' already has its own LPG heating via a combi boiler and a separate electricity supply. The inn could be relicensed should anyone wish to reopen it as a public house.

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The main residence offers fantastic amenities, creating its own unique selling point, for all guests to enjoy everything you would expect within a pub and restaurant. They can pull their own pints and private chefs can be arranged to cater for large groups should that be for breakfast, lunch, dinner or the entire duration. Making it a fantastic venue and location for a family celebration or friend reunion. On the ground floor there is a Snug, Formal Bar Area, Dining Room, Games Room, Storage Rooms, Linen Cupboard, Laundry, WCs and a custom built infrared Sauna. On the first floor are six bedrooms and two modern bathrooms.

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Outside, there is a private paved terrace area with a hot tub and plentiful seating area.

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The business is currently let using Skyes, a holiday let agent, details of the property and the business can be found at https://www.sykescottages.co.uk/cottage/Mid-Wales-Cardigan-Bay-Bishops-Castle/The-Boars-Head-Pub-1027356.html. The self catering business commenced in August 2021, and from the first day it has been a tremendous hit with holiday guests seeking an alternative to their getaways. The first year of trading, which was only 6 months, achieved 6% on investment, the first full year of trading achieved 11.5% on investment and this year is expected to achieve 17%. The current owner runs the let in house, however, should you wish to benefit from its earning capacity but not wish to get involved in the management, it is suggested circa £36,000 per annum is it's running costs to include all utility bills. The property has recently won the Perfect10 Award from Skyes themselves.

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The residence is very popular with many bookings for the following year already ranging from family celebrations, friend reunions, hen parties and weddings. There is scope to increase bedroom space with the main property from the unused storage space downstairs and a office/bedroom that is currently used and locked by the current owner.

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The business is being sold lock, stock and barrel, as it were, with all fixtures and fittings such as furniture, kitchen equipment, linen and the infrared sauna included with the sale.

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The current owner has also attempted to get planning consent to convert the inn into a residential dwelling, along with the Curly Tail, however, this has not been materialised and is currently in ''appeal' status currently. It could be explored further should one desire to do so.

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There is a right of way in favour to Halls Auctioneers through the car parking area, which is enclosed within the locked gates. On livestock auction days, Halls have the right to open the gates to allow access to the farmers to park lorries and trailers in the car parking (owned by Halls) below the property. However, there is an additional access to the parking area, which tends to be used.

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Bishops Castle itself is situated approximately 25 miles southwest from Shropshire's County town of Shrewsbury, and approximately 20 miles from Ludlow. Shropshire lies between the Welsh border and the West Midlands and is equally well placed for visits to the Welsh coast or Birmingham and beyond. Bishops Castle is an ancient town, which dates back to 792 AD and is situated in an Area of Outstanding Natural Beauty, but unfortunately the castle from which it derives its name is no longer in existence.

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Bishops Castle is a lively market town, and has many facilities including a primary and secondary school, leisure centre, small cottage hospital, dentist, doctors, restaurants, public houses (two of which brew their own beer) and, individual shops and businesses. There is a good bus link to Shrewsbury every day, with local rail links at Broome, and Craven Arms.

 

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