Restaurants for sale in Hexham

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 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £499,950 Annual Turnover: £250,000 Annual Gross Profit: £162,500
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Business Description
FREE OF TIE

BUSINESS

Hilton Smythe welcomes to the market The Railway Hotel. Our client has owned the business since 2015, but is now looking to sell the pub due to the desire to focus on other business interests. This is a genuine reason for sale, and is not to be missed.

The business runs as a popular village pub selling a range of world wines and cask ales. The pub also operates as a restaurant and guest house. This is a 5 bedroomed guest house with owner’s accommodation. The business has been run to an exception standard and the business overall has a great reputation with the locals and many tourists.

The business currently generates an advised turnover of around £250,000 per annum with a gross profit of 65%. The turnover is generated from the pub, restaurant, guest rooms and the rental income of the hair salon.

The business is being sold as a pub and restaurant with guest room accommodation. There is also a hair salon next door which is leased out, the hair salon business is not included in the sale. The purchaser will simply take over the freehold of the property. We are advised the current income from the tenant is £12,000 per annum.

This pub is a central focus in the village as our client helps host many of the town events. There are street parties, bike rides, village activities and more. Information on up and coming events are advertised on The Railways Facebook page. The page has over 600 followers which are constantly updated with new menus, photos and promotional offers.

The restaurant sells a range of tasty foods. They sell pub classics such as Sunday roasts, sandwiches, pizza’s, steaks, fish dishes and much more. The food is done to a high standard and this is not just a regular village pub/restaurant. Our client puts in a lot of attention to detail and this shows in the overall business.

The guest rooms are currently advertised on sites such as booking.com. The new owner should look to set up a website for the pub where they can promote all of the business and allow for an online booking system for the restaurant, parties and guest rooms. Promoting the business more should allow for more custom.

This is the perfect venue for weddings and other functions. The purchaser could also advertise at local weddings fayres. An outside catering service could also complement this side of the business. This is an affluent and upmarket pub that would be perfect for these arms of business.  

The business is currently ran by a manager and the staff. This would be a fantastic opportunity for a husband and wife team with experience in the trade; looking for a hands on opportunity.

This is an outstanding business and Hilton Smythe highly advise early viewing in order to take in the full potential of this business.

LOCATION

The Railway Hotel is located in Haydon Bridge, Hexham, Northumberland.

The pub is located in the heart of the historic village of Haydon Bridge, the pub ideally overlooks the River Tyne; making this the perfect idyllic place for a quick getaway. There is a village feel that allows this to be a relaxing, laid back place, to eat/sleep/drink.

The area is filled with a plethora of things to do such as visiting Hadrian’s Wall, country walks in the North Pennines and visiting the bustling city centre of Newcastle. This is an unmissable village for tourists with its beautiful scenic views and welcoming village. There are several independent stores in the village such as pubs, restaurants, convenience stores, butchers and also a pharmacy.

The area is great for commuting, just a short walk from the pub is the Haydon Bridge train station. The station has regular daily routes into Newcastle, Carlisle, Glasgow and Whitehaven. There are also many bus stops dotted around the village.

The village is situated between Newcastle and Carlisle. They are both a short drive away using the A69. Carlisle is just a short 44 minute drive and Newcastle is also just a short 30 minute drive away.

PREMISES

This is a substantial sized premise. The property is complete to a high standard and looks attractive. There are benches at the front of the property which are well-used in the summer months. The external of the property is complete with hanging baskets.

On entrance is the main bar area this is modern and looks fresh. The whole premise has been recently fully refurbished. The bar and restaurant area has seating for up to 36 covers. The bar which is across the back of the room is bespoke and has 9 points of dispense.

To the left there is a corridor that leads to the commercial kitchen, office and store room. Through here there is also access to the hair and beauty salon which has a separate beauty treatment room.  (The salon is leased out and comes with a sitting tenant, the business is not included in the sale.)

To the right of the bar are the male and female toilets and access to the first floor owner’s accommodation.

Stairs lead to the first floor of the hotel accommodation.

The hotel accommodation comprises of 5 rooms. Four doubles and a twin. All rooms are en-suite with shower and toilet facilities. The rooms are spacious and well-presented. They are bright and airy due to the large windows.

The owner’s accommodation has a living room, bathroom, kitchen and a double bedroom.

All equipment included in the sale is as follows-

All bedroom furniture and fittings

Tables

Chairs and stools in the bar

Display fridges

Bottle fridges

Cellar equipment

Coffee machine

Kitchen equipment-

Ovens

Griddle

Hot plate

Dishwasher

Microwaves

Toaster

Panini maker

General utensils

Pots & pans

Crockery and cutlery

A new biomass system has also been installed, as well as a full refurbishment of all walls, ceilings, and a full rewire.

To the rear is a stone built shed which could ideally be transformed into a letting accommodation for cyclists, walkers or pet owners. A shared car park is to the rear.

TENURE

We are advised the business is Freehold.

HOURS

The business opening hours-

Monday- Sunday: Pub 10:30am – close Food 12pm – 9pm

The guest rooms are open when required.

STAFF

The business is run and managed by our client with the help of 8 members of staff.

FINANCIAL PROFILE

The business generates a turnover in the region of £250,000 per annum.

Gross profit 65%

Tenure: Freehold

Listed by: Hilton Smythe
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