A character three storey Grade II listed end-terraced Georgian property of traditional construction, Original parts of the building date back to the 16th century, with contemporary beams and many other internal architectural features exposed throughout.
This property currently has two floors being used for residential purposes and the ground floor is currently leased as a restaurant called The Orchard. This is an ideal investment property and is suitable for a number of alternative uses including professional offices or a conversion project into residential apartments. This property offers fantastic opportunity with its vast square footage with external gardens and parking in a very central location at Upper Bar in Newport's high street.
Davies White Perry is delighted to welcome to the market this well-established income producing busy restaurant with a lease and seperate residential accommodation above; The property is ideally located within the busy market town of Newport, Shropshire.
The property has recently been refurbished inside and out to a very high standard. Three of the bedrooms have full en-suite facilities, with a further two bedroom and a study with a family bathroom. This self-contained property could be converted into a guest house or into residential accommodation.
The restaurant occupies the ground floor where there is a stylish bar area with dining area and conservatory. The dining room has been traditionally decorated with the focus being on the lovely leaded window looking out onto the rear of the property. To the rear of the property is a secluded courtyard, with decorated walls and beautiful potted plants. The property enjoys spacious residential accommodation to the first and third floor.
The restaurant itself has built up an enviable reputation within the area for the high quality of service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations
This is an excellent opportunity. viewing is highly recommended.
Newport sits between Chester to the north, Shrewsbury to the west, Stafford the east and telford only 10 miles to the south. This historic market town, lies within easy reach of the M6 and M54 motorways, making it ideally placed for those who work in or near Wolverhampton, Birmingham or Stafford, but wish to relocate to a bustling market town offering excellent schooling for children of all ages. For those visiting Newport, you will find plenty of history, walks and independent shops offering a wide range of unique products to buy and take home with you.
Located around Newport are many picturesque villages and hamlets; Edgmond, Lilleshall, Church Aston, Tibberton, Chetwynd, and Forton to name but a few. Below the interactive map, are details of how to reach Newport from the M6 Stafford, M54 Telford or the A41.
Substantial three-storey premises, ideally located in a prime position, briefly comprising:
LOWER GROUND FLOOR
Cold storage/cellar area.
Reception room / Lobby
Dining area, second dining area and conservatory with 60 Covers
Storage areas and pantry.
Shower room / WC
3 x double/twin guest rooms with en-suites.
(currently used as private accommodation)
Double/twin room with built in wardrobe
Bedroom five / Study
Secure courtyard and grassed area to the rear allowing parking for 2/3 cars with a separate gates area currently used by the restaurant.
We are advised that the rental income from the business is £1000 PCM
Mains electricity, water and drainage. Oil fired central heating.
The vendor advises that the property is FREEHOLD. Vacant possession of the residential accommodation will be given on completion but the business lease will stand until 01/05/2020.
Strictly by appointment through the Agents, Davies White and Perry, 45/47 High Street, Newport. Open 6 days a week. [use Contact Agent Button].
E-mail: [use Contact Agent Button]
PLEASE NOTE: The agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A buyer is advised to obtain verification from their Solicitor, Surveyor or service providers. References to the tenure of this property are based on information supplied by the seller. The Agent has not had sight of the title documents. A buyer is advised to obtain verification from their Solicitor.