Christie & Co announce price revision for historic hotel & restaurant near Shropshire Hills
Specialist business property adviser, Christie & Co, has revised the price of The Gaskell Arms Hotel & Restaurant, situated in Much Wenlock, at the foot of the Shropshire Hills Area of Outstanding Natural Beauty.
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Formerly a 17th century coaching Inn, The Gaskell Arms has become a landmark in the sought after medieval town. The renowned venue offers a wealth of character, having retained many period features throughout its 14 ensuite lettings rooms and popular restaurant, lounge and bar.
The hotel and restaurant is an ideal stop-off for tourists and locals exploring the area as well as a popular venue for weddings and events, and has hosted many notable figures over the years, including Mick Jagger and Dr. William Penny-Brookes.
This is a fantastic opportunity for a new owner to acquire a well-established business with an impressive reputation, which offers plenty of scope and exciting possibilities.
The venue has been in the Sheldon family for 45 years and is now up for sale due to the owner’s planned retirement. Maxine and Ross Sheldon comment, “The Gaskell Arms is a wonderful place with a rich history and so much to offer a new owner. The hotel has been our family’s lifetime work but it’s now time for a change of ownership and we look forward to finding the next custodians to take the business forward.”
Sam Roberts, Broker at Christie & Co who is handling the sale, comments, “We are inviting offers on this fabulous business located at the foot of the Shropshire Hills. It’s rich in history and has provided a valuable service to locals and tourists alike for a number of years. The current owners are wishing to take a step back from the hustle and bustle of running this thriving establishment and are now seeking new, keen and enthusiastic owners.”
The Gaskell Arms is on the market at the revised price of Offers in Excess of £750,000.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
M: +44 (0) 7721 420 656 or E: bronte.hughes@christie.com
Contact the agent:
Sam Roberts, Broker – Hotels, West Midlands
M: +44 7764 241 321 or E: sam.roberts@christie.com
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