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Swan Hotel

106 Watling Street, Wellington, Telford , Shropshire, TF1 2NH
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LEASE ASSIGNMENT

Facilities

Cask Ale
Beer Garden
Catering Kitchen
Function Room
Free of Tie
Letting Rooms
Live Entertainment
Car Park
Restaurant/Dining
Live Sports
Experienced Operator
  • Cask Ale
  • Beer Garden
  • Catering Kitchen
  • Function Room
  • Free of Tie
  • Letting Rooms
  • Live Entertainment
  • Car Park
  • Restaurant/Dining
  • Live Sports
  • Experienced Operator

Location

Fantastic opportunity with multiple income streams, available on a 15 year free of tie lease

Ingoing Cost: £85,000.00
Rent: £60,000.00
Agreement Type: Lease Assignment
Reference Number: 080519 / 080519

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Property Features:

The Swan Hotel is located on the edge of the famous small market town of Wellington, and its location makes it an ideal base for touring the beautiful county of Shropshire or while visiting on business. The hotel is within walking distance of the Wrekin Hill and the Wrekin Golf club. Telford Town Centre and Park are just 10 minutes by car with its Ice Rink and Exhibition & Tennis Centre and many other attractions. The M6 south is only a 25-minute drive away.

Internally the site offers a catering kitchen, 12 letting rooms which are seven ensuite rooms and five standard rooms, restaurant/dining which can also be used as a function room and cater up to 120 covers, live sport and live music offering.

Externally the site has a beer garden and car park.

This site won runner up in the Channel Four programme, Four In A Bed in 2018. This site has been under the same ownership for the past 38 years and only available due to retirement.

Trading Style:

Currently, this site is a food led pub with scope to develop local bar trade. The pub offers live sports and live entertainment which can also be built on. The Swan Hotel also benefits from having a function room which would bring in another income revenue alongside the letting room trade.

The landlords are looking for an experienced food operator who commits to the pub trade. There is already an established team in place, allowing the new operator to hit the ground running.

Private Accommodation:

All rooms have been converted into letting rooms; however, there is an opportunity to turn them back into private accommodation, which would be a two bedroom flat.

Key Financial Information

Please note that the energy performance certificate is available from the landlord.

15 Year lease assignment on a free of tie deal.

Ingoing cost includes fixture and fittings.

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