Pooks Commercial Property Consultants of Shrewsbury report the sale of the Red Lion at Longden Common Nr Shrewsbury SY5 8AE a traditional country pub with three bedroomed living accommodation, outbuildings, car park and beer garden. Although closed, it was offered fully equipped and available to trade. Set in the attractive South Shropshire countryside, it was marketed with the potential to develop a wide catering offer with the possibility of bed and breakfast accommodation and provision of outdoor amenities such as a children's play area, campsite, etc.
When offered for sale there was immediate interest from a number of buyers and a sale was quickly agreed at around the asking price to the locally based Wareing family.
Charles Howell of Pooks, who handled the sale on behalf of the owners, a local property investment company, said "The Red Lion at Longden Common has been a popular country pub since its ownership by the old Shrewsbury & Wem Brewery and now it offers scope for updating to provide a much wider range of facilities to serve the local community. Despite the recession and general malaise in the pub trade, there is still scope for an experienced licensee to develop a profitable business from this type of property". Oliver Wareing added – We are delighted to have secured the Red Lion. After some refurbishment we shall be reopening the property to offer a full range of beers, dining facilities and services to the local community".
For further information contact:
Charles Howell at Pooks - 01743 276644.