23 bedroom hotel for sale

Tenure: Freehold

Location
Norton Hotel occupies substantial 4-storey corner premises, ideally located on the seafront in Seaton Carew, Hartlepool. The premises benefit from ample on-street parking and spectacular sea views over the North Sea. There are a range of complementary shops, businesses and amenities close by, including schools and churches. The premises are only 3 minutes from the golf course and only 5 minutes from the marina, and easily accessed via public transport with numerous bus stops and a railway station close by. Seaton Carew is situated on the mouth of the River Tees and boasts a promenade leading to Hartlepool Marina. The premises boast easy access to the A-road network and the A1(M) motorway. Middlesbrough lies 7 miles away, Sunderland lies 22 miles and Newcastle 30 miles.

Business History
Preferred Commercial is delighted to offer for sale this popular hotel, which was established in 1510 as a coaching inn and has been operated by our client since 2000. The hotel is only now offered to the market due to our clients' wish to retire. The business trades all year round and generates a turnover in the region of £120,000 per annum, derived from the letting of 23-letting rooms on a bed and breakfast basis. We feel the turnover could be further increased by embarking on a modest marketing campaign. The business is well-known in the industry and enjoys much repeat trade and word of mouth recommendations. The hotel has excellent reviews on 'Trip Advisor' and received a 3 star rating from the British Tourist Board. We have been advised there is a new power station being built in the area by 2015, which will employ up to 3,500 people. The hotel has already received a large number of bookings from contractors for next year. The premises are well-equipped to suit the trade and have been finished to the highest standard throughout. Early viewing is a must to full appreciate this property.

Financial Details
T/O: £120,000 approx.

Opening Hours
All year round

Accommodation Details
Substantial 4-storey corner hotel premises with 23-letting rooms. Briefly comprising:

Ground Floor
• Hallway with reception desk
• Dining area with tables and chairs for up to 28 covers
• Commercial kitchen
• Utility room
• Lounge
• Room 1: twin bedroom with en-suite bathroom
• Room 2: double bedroom with en-suite bathroom
• 2-bedroom owners' accommodation

First Floor
• Rooms 3, 4 & 23: double bedrooms with en-suite bathrooms
• Room 24: family bedroom with kingsize bed and single bed, and en-suite bathroom
• Room 5: double bedroom
• Room 6: triple bedroom
• Room 7: twin bedroom
• Bathroom with shower, WC and wash hand basin

Second Floor
• Rooms 8, 9 & 12: double bedroom with en-suite bathrooms
• Room 10: single bedroom
• Room 11: single bedroom with en-suite bathroom
• Room 14: twin bedroom
• Room 15: 2 x single beds and bunk bed
• Room 16: double bedroom
• Bathroom with shower and wash hand basin
• Separate WC with wash hand basin

Third Floor
• Room 17: double bedroom
• Rooms 18 & 19: double bedrooms with en-suite bathrooms
• Room 20: twin bedroom
• Rooms 21 & 22: single bedrooms
• Bathroom with shower, WC and wash hand basin

Tenure
Advised Freehold