Development Sites for sale in Hexham

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I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Freehold Price: £240,000 Price Reduced Annual Turnover: £130,000
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Business Description
• Well established extremely popular inn with an enviable trading position
• Weekly takings of £2,500 plus
• Situated on a large plot, close to Hadrian’s wall and Scottish borders
• 2 bedroom owners accommodation, viewing recommended

*OIRO* Well established extremely popular Inn with an enviable trading position along the A68, a main link between Scotland and England. Turnover in excess of £2,500pw with excellent potential to increase profit and expand business. 44714

The business is situated in the village of Ridsdale just outside Hexham Northumberland. Ridsdale is close to Hexham town centre, which offers a good range of local amenities. The business lies close to the A68 main road, offering good connections to the North and South.

The business boasts an enviable customer base, not only supported locally but also by passing trade due to its location. Although the business is trading successfully with an annual turnover in excess of £70,000, there is still huge potential to increase revenue with a little marketing and the potential of adding extra rooms. In addition to this we believe that extended opening hours would also benefit the business.

The owners accommodation is located on the upper floor and comprises of 2 double bedroom’s, a family bathroom and a large lounge area.

The Gun Inn provides a warm and friendly environment to customers in comfortable surroundings and presents buyers with an excellent opportunity to purchase a profitable business. The business has been under our client’s careful ownership for over 11 years and has established an enviable reputation.

Summary. The sale of The Gunn Inn presents an excellent opportunity for a lifestyle business located in the North of England. A viewing is recommended to avoid disappointment.
Tenure: Freehold

Listed by: Kings Business Transfer
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