Shropshire Star

Popular Shifnal restaurant and flats up for sale at £495,000

A property housing a popular restaurant, wine bar and bistro in Shifnal has gone on the market.

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The property at 4 Market Place, which also has three self-contained flats above, has been brought to the market by commercial agents Bond Wolfe.

James Brady, commercial property agent at Bond Wolfe, describes it as a rare chance to combine a business opportunity with investment income.

“This freehold building has something for everyone and is already proving intriguing to a wide range of investors," he said.

“On the ground floor you have the popular Latimer's restaurant, wine bar and bistro, which has a turnover of approximately £4,000 per week.

“But you also have three self-contained flats above, together producing rental income of £17,244 per annum.

“And there are additional two-storey former offices with scope for further development and income potential.”

Bond Wolfe is seeking offers based on £495,000 for the property as a whole. Viewings are strictly by appointment with the agents on 0121 525 0600, or by emailing jbrady@bondwolfe.com