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Well Established Themed Pub And Restaurant In Telford For Sale

Telford, Shropshire, UK
Asking Price:
£490,000 Furniture / Fixtures included
Turnover:
£390,000
Net Profit:
On request

Busy location at the heart of Telford
Character property with log cabin addition
Established pub and restaurant with traditional lounge bar
Log cabin restaurant with verandah
Excellent outside trading area and car park
Turnover year ended March 2025 £390,000 exc VAT

Property Information

Property:

Freehold

Location:

The Compasses Inn is a well-established pub and restaurant in the suburb of Oakengates, just five minutes drive from Telford town centre. Telford is the county town of Shropshire located on its eastern boundary close to the West Midlands conurbation and is a newly developed town that began its rapid expansion in the 1960s; swiftly becoming one of England's fastest growing towns with much industry, manufacturing and employment being provided. In 2021 its population was believed to be approximately 185,000. The town has grown due to its strong links to the Birmingham conurbation and having excellent communication links via the M54 which links with the M6 to the east and Shrewsbury to the west. The central location has excellent road communication links and allows Telford's population to be within 10 minutes drive from the subject premises. Its central location and accessibility being one of the key features of its success.

The main property is the original public house of traditional construction offering accommodation over two floors, but the highlight of the premises is the log cabin extension built in 2007 which provides a unique dining experience for Telford and the surrounding areas. It is home to the Mongolian barbeque which has proved to be very popular and trades very successfully alongside a more traditional food offering which is also very well received.

In brief, the property provides a traditional lounge bar with self-service area and restaurant leading on to verandah and large trade garden. At first floor is the extensive private accommodation. The size of the site and considerable trade garden and hard standing areas makes it the perfect venue for outside events, and this is an area that the current owner is certain could provide huge scope for new owners to diversify the business, thus increasing trade.