Large, 200-Year-Old Country Inn in Northumberland

Nr Rothbury, Northumberland
REF: R06177

Asking Price:
£150,000
Annual Turnover:
£418,662
Annual Net Profit:
£14,222
REF: R06177

Overview

Tenure:
Leasehold
Established:
1822
  • Hotel accommodation
  • Huge scope for growth
  • Large plot of land attached
  • Excellent reputation
  • Long establishment

Established 200 years ago, the business for sale is a rustic, traditional public house and bed & breakfast situated in a perfect countryside setting in Northumberland.

The 1822 couching house is renowned for providing locally sourced British cuisine, inglenook fireplaces and accommodation. The fine dining experience prepares food sourced from the Coquet Valley area which is extremely popular with tourists and local residents alike. The menu is extensive and provides appetising dishes such as steaks, fish, sea food and game, all complemented by an excellent wine cellar.

The business is featured in numerous food and drink guides and the accommodation is featured on Booking.com, Hotels.com, Expedia and The Price Line. The pub and restaurant has also garnered hundreds of outstanding TripAdvisor reviews

The business is a well-established and deep-rooted village pub and restaurant, situated within the affluent village of Thropton in Northumberland.

Customers enter the premises at ground level and are greeted to a large traditional bar area seating over 60 customers, further along is a large restaurant area, for diners, seating over 75 customers. The décor is tranquil, traditional and quaint – offering a warm hospitable feel.

Upstairs, there is accommodation: there are five bedrooms with a double, twin, single and family room available. All rooms are well-presented and well-kept with beautiful furnishing and traditional character.

Externally there is a ¾ acre of land featured on and attached to the property which could be utilised for glamping or a caravan site.

The current owner is willing to stay on for a transitional period, if needed, to show a new buyer how the business is operated.

Intelligent is pleased to bring to the market this unique opportunity to purchase a reputable restaurant in Northumberland. The business boasts a loyal customer base and an excellent reputation that has resulted in impressive financial figures.

Appealing to those in the trade, or a couple looking to take on a full time yet sociable business, or an entrepreneur with a vision to enhance the offering, a new owner could take advantage of the opportunity to increase revenues and profitability. Increasing the offering and introducing new marketing techniques would be highly beneficial in growing revenue.

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  • Village location
  • Affluent area
  • Stunning views
  • Tourist destination
  • Free car parking
  • Good transport access
Rent
£53,074
Rates
£1,400
Lease Term
10
Lease Expiry
3 years remaining, rolling lease after
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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