Summary - 53 HIGH STREET BRIDGNORTH WV16 4DX
1 bed 1 bath Pub
Prime central investment with established trading and generous outdoor seating.
- Grade II listed four-storey landmark on Bridgnorth High Street
- Ground-floor bar and restaurant with 100 covers
- External paved trading terrace for over 100 customers
- Let until June 2029; only four years remaining on lease
- Rent currently £32,500 pa, rising to £45,000 pa via steps
- Recently refurbished; strong period features retained
- Listed status restricts alterations and adds cost
- Above-average local crime; consider security and insurance
A commanding Grade II listed building on Bridgnorth High Street, offered as a freehold opportunity with an established trading business. The ground floor houses an extensive bar and restaurant with 100 covers, complemented by a well-developed external terrace seating in excess of 100 customers. The property was recently refurbished and retains strong period character with timber framing and high ceilings.
The property is let on a short lease expiring June 2029 at a current rent of £32,500 pa, rising to £37,500 pa from July 2025 and stepping to £40,000 and £45,000 pa thereafter. This income profile will suit buyers seeking an immediate revenue stream, but the relatively few years remaining on the lease reduces mortgageability for some purchasers and will affect buyer pools.
Important practical considerations: the building’s Grade II listing will restrict alterations and can increase refurbishment costs. Crime levels in the area are above average, which potential operators should factor into staffing and security plans. The footprint is large internally but sits on a small plot, with the primary external trading space provided by the paved rear terrace.
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