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Public House and Restaurant in Haltwhistle Northumberland

Price:
Leasehold - £109,950
Turnover:
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Seller Ref:
2972
Location:

Northumberland , Haltwhistle

Business Type:

Food Service Businesses, Hotels, Pubs

See Other:
Restaurants for sale in Northumberland
Public houses for sale in Northumberland
Guest houses for sale in Northumberland
Food service businesses for sale in Northumberland
Pubs for sale in Northumberland
Hotels for sale in Northumberland
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving public house and restaurant with letting accommodation, which was established in the 19th century as a coaching house and which has been in our clients' careful hands since 2001. The pub is only now being offered to the market due to our clients' wish to retire. The business trades 7 days a week and generates a turnover in the region of £295,366 per annum with a gross profit of 53% and offers an extensive range of alcohol, traditional pub food and 6 en-suite letting rooms. The pub also hosts a singer twice a month and is home to two dart teams and two pool teams. We feel the turnover could be further increased by embarking on a modest marketing campaign and expanding on the restaurant side of the business. There is also scope to extend the range of entertainment hosted. The Manor House Inn has an extensive website in place with on-line booking facilities. The pub has a loyal customer base, enjoying much repeat trade and word of mouth recommendations. The property has been fitted to a high standard and well-maintained throughout. All the letting rooms have en-suite facilities, tea and coffee making equipment and flat screen TVs. There is 3-bedroom owners' accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already busy public house in such a desirable location and with an enviable reputation. Early negotiations with Preferred Commercial must come highly recommended.
Location Details:
Manor House Inn occupies substantial 3-storey premises, ideally located in a prominent trading position in a sought after area in the heart of Haltwhistle, Northumberland. The premises benefit from ample on-street parking and are surrounded by mixture of residential and commercial properties and close to local amenities. There are excellent public transport links in the area, with numerous bus stops and a railway station within easy walking distance. Haltwhistle is a rural town, situated on the edge of Kielder Forest Park and is surrounded by picturesque countryside. The town is a desirable place in which to live and work and is also popular with day trippers, walkers and cyclists. The premises boast easy access to the A69 and the M6 motorway. Chesterwood lies approximately 7 miles to the east, while Carlisle is 21 miles to the west.
Lease Terms:
Original length: 20 years Remaining: 9 years Review: every 5 years Rent: TBA
Trading Hours:
Winter: Mon - Thurs: 11am-3pm & 5:30pm-11pm Fri - Sun: 11am-11pm Summer: open all day each day
Accommodation:
Substantial 2-storey mid-parade public house premises with restaurant, 6 en-suite letting rooms and 3-bedroom owners' accommodation. Briefly comprising: Ground Floor • Bar area for 36 covers, • Games room • Lounge for 30 people • Reception area • Storage area • WCs • Restaurant for 36 covers • Commercial kitchen • Kitchen storage area First Floor • Room 1: double bedroom with en-suite • Room 2: twin bedroom with en-suite • Room 3: twin bedroom with en-suite • Owners' accommodation with 3 x double bedrooms, lounge, kitchen and bathroom • Storage area Second Floor • Room 4: twin bedroom with en-suite • Room 5: twin bedroom with en-suite • Room 6: twin bedroom with en-suite External • Parking to rear • Smokers' area
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