Powys/shropshire Border - Exceptional Georgian Coaching Inn In Montgomery For Sale

Property Information

Property:

Leasehold

Living Accommodation:

LETTING ACCOMMODATION
GROUND AND FIRST FLOOR
Eight EN-SUITE LETTING BEDROOMS, configured as 1 single, 6 doubles and a family room as two interconnecting rooms. All are appointed to an exceptionally high standard.

OWNERS ACCOMMODATION
SECOND FLOOR
A TWO BEDROOM FLAT consisting of LOUNGE with KITCHENETTE, two double bedrooms with ENSUITES.

Location:

The Nags Head Inn is an elegant Grade II listed Georgian Coaching House that was purchased by the freeholder in 2009 who then undertook a complete redevelopment and refurbishment of the property which is finished in first class order. This was further enhanced by the current tenants who have furnished it to the highest quality with a number of antiques and quality fixtures. The premises are fitted and finished to first class standard throughout which is evident on visiting and we are positive this is part of the reason for its outstanding success as a quality coaching inn. The premises offer 5 interconnecting ground floor trading areas. Eight quality ensuite letting bedrooms at ground and first floor. Also, a two bedroom ensuite owners accommodation. Outside is the well appointed courtyard trade garden with additional small patio and ample parking for the business.

The current tenants purchased the business in 2023 and immediately undertook a complete refurbishment program to the property, repainting, replumbing and upgrading the electrics of the property. They also purchased a number of new items for the trade inventory. Despite the business trading very successfully and achieving higher turnover figures than the previous tenant, they have decided to relinquish their interest due to other business commitments and their wish to enjoy more time with their young family. This is an excellent opportunity for new operators to take over this outstanding business and reap the rewards for the works put into place by the current tenants.

The premises stands alongside the main A483 trunk route which runs alongside the England/Wales borders in the beautiful Welsh Marches region. It is almost equidistant between the towns of Welshpool and Newtown in the upper Severn Valley which is a beautiful rural part of Britain which attracts a large number of visitors throughout the year enjoying its natural charm. To the opposite side of the main A483 from the Nags Head is the Montgomeryshire branch of the Shropshire Union Canal. This is not presently navigable but there are plans for it to be reinstated in the future.