Pattinson.co.uk - Tel: 0191 239 3252

hotels in NE65The Peth, West Thirston, MorpethNorthumberland, NE65 9EE

£1,000,000 OIRO

Pattinson.co.uk - Tel: 0191 239 3252

Summary- Property Type: Hotels - Parking: Allocated Price: £1,000,000

DescriptionWe are pleased to offer to the market the freehold and business of this very established boutique hotel, bar andrestaurant for sale, trading as The Northumberland Arms, situated in the village of West Thirton within ruralNorthumberland. Full accounts can be provided upon viewing.

There is also the option to lease the property, subject to negotiation.

LocationSituated approximately 1 mile from the A1, perfectly positioned for directaccess North & South; lies the idyllic village of Felton. The subject propertylies along The Peth with a view of the River Coquet in the small village ofFelton. The property has excellent transport links with bus stops being justoutside the property and major roads being a short drive away (A1). Theproperty is located 25 miles north of Newcastle Upon Tyne and 9 milessouth of Alnwick.

AccommodationThe subject property is a restaurant/bar and hotel. The property has a hugedinning room and bar area for hotel guests and other customers to enjoy.Food is served daily in the bar, as well as the restaurant and River RoomConservatory. There is room for 120 people eating inside and 60 peopleoutside. The property has a beer garden which sits sheltered in the trees bythe River Coquet and a 16th Century Bridge. The subject property has 6luxury rooms all with en-suites. Each room has been designed withNorthumberland in mind as well as having names referring to locallandmarks.

TenureFreehold. Title number ND91516.

Business DetailsThe business has turnover for the past three years as follows, as submittedto HMRC:

Year end 31st March 2019Food: £488,406Drink: £318,734Rooms: £169,442TOTAL £976,582

Year end 31st March 2018Food: £527,077Drink: £324,514Rooms: £184,911TOTAL £1,036,502

Year end 31st March 2017Food: £483,976Drink: £309,032Rooms: £181,299TOTAL £974,307

Rateable ValueThe adopted rateable value is £81,250 as of 1st April 2017.Sourced from VOA.

EPCAvailable upon request (rating C).

Additional InformationFor further information please contact our office direct on 0191 737 1154,or alternatively via e-mail on commercial@pattinson.co.uk. With regards toviewing the subject property, this is to be done strictly by appointmentthrough Keith Pattinson Commercial department. Please contact us toarrange an internal inspection, or to register your interest.

Pattinson.co.uk - Tel: 0191 239 3252

The Peth, West Thirston, Morpeth, Northumberland, NE65 9EEContact your local branch today for more information on this property:

Keith Pattinson Silverlink, Wallsend, Tyne and Wear, NE28 9NY, Tel: 0191 737 1154 , www.pattinson.co.uk

These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasersshould not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment

has the authority to make or give any representation or warranty in respect of the property.