Lucroft Guest House

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Castle Gates, Shrewsbury
POA
Price on Application
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Price on Application

An abbreviation for "Price on Application" which indicates that price is not quoted publicly and will be revealed only to qualified occupiers.
POAi
Property Detail Under OfferThis property is unavailable
  • other

Lucroft Guest House

Property Detail LocationSY1 2AD, shrewsbury
  • other

Lucroft Guest House

Castle Gates, Shrewsbury
Property Detail LocationSY1 2AD, shrewsbury
Property Detail Area

ABOUT THIS PROPERTY

The guest house has an ideal trading location in the town centre of Shrewsbury, which is the County Town of Shropshire. The business is situated on one of the town’s main high streets with a variety of neighbouring businesses and commercial style shops. The guest house benefits from its location as a good amount of motorists and public transport users pass by on a daily basis. Shrewsbury is a very desirable market town due to its many attractions and community services. The town lies on the River Severn and has over 660 historic listed buildings including several examples of timber framed buildings dating back to the 15th and 16th centuries. Shrewsbury offers exceptional housing, good schools, NHS services, excellent shopping and beautiful open countryside. The location also benefits from being less than 11 miles away from the M54 which connects to the M6 motorway, making visiting and commuting very easy. Description The guest house comprises the three upper floor of a four storey, Grade II listed building. The ground floor entrance from Castle Street leads up the the first floor and reception area. There is also access to basement storage from the ground floor entranceway. Th first floor provides a reception/ welcoming area, office, fully fitted kitchen dining room with ample dining tables and chairs for 20-25 covers, toilet facilities and storage space. There is also a private living area, and an owner’s bedroom with with en-suite. The second floor provides the following accommodation: Guest bedroom 1 - single room, Shared separate bathroom on landing (Bedrooms 1 & 3). Guest Bedroom 2 - Double room with en-suite. Guest bedroom 3 - twin/double room. Guest bedroom 4 - double room with en-suite. Guest bedroom 5 - double room with en-suite. Guest bedroom 6 - family room with en-suite. There is also a storage area. The third floor provides the following accommodation: Guest bedroom 7 - single room with en-suite. Shared bathroom (Bedrooms 7, 8 and 10) Guest bedroom 8 - single room. Guest bedroom 9 - single room with en-suite. Guest bedroom 10 - single room. There is also a storage area. To the exterior of the proeprty there is a rear yard. The guest house has been established since 1902 and has been in the current ownership since 1995. Our clients are reluctantly offering the business to the market due to their desire for a change of lifestyle. The business has been run at a pace to suit, meaning that there is scope for a new, hands on, owner operator to further develop the business. Annual turnover currently runs at £80,056 which is derived from offering bed and breakfast services to all those who wish to visit. This business is ideally suited to a husband and wife or partnership and could afford a good standard of living. The hotel is extremely popular due to its location in the business district and its forward bookings run well into 2015. The property is owned on a 999 year lease at a peppercorn rent.Interested parties should make their own enquiries to the Local Authority. Rateable Value: £7,300 Rates payable 14/15: £3,438.30

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Price on Application

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