Hotel for sale

Chapters Boutique Hotel & Restaurant, 27 High Street Stokesley, Middlesbrough, Cleveland, TS9 5AD

Sold STC £850,000

Property Description

Commercial information

  • Business for sale

Key features

  • 13 bed hotel in desirable market town
  • 40 cover stylish & contemporary restaurant
  • Public bar with separate function room
  • Riverside beer garden & covered terrace
  • Well presented, strong historic reputation
  • All fixtures and fittings included. Energy Rating D

Full description

Tenure: Freehold

Description

A 13 bedroom boutique hotel with bar, restaurant and function room in the centre of a very popular market town.

The business has a strong past and present reputation and a delightful riverside beer garden and terrace to the rear.

Location

Chapters Boutique Hotel is centrally located overlooking the market place in the very popular and desirable town of Stokesley which lies close to the town of Guisbrough in Cleveland. The edge of the North York Moors is just a few miles away, as are some very desirable villages such as Hutton Rudby, Great Ayton and Great Broughton. Further afield is the city of York, the town of Northallerton and also the commercial centre of Teesside which includes Middlesbrough and Stockton.

Internal Details

An elegant, three story, terrace building with public areas across all three floors. On the ground floor there is a well presented and contemporary public bar which leads through to a stylish 40 cover restaurant. There is a hotel reception area with seating, and a further function room/breakfast room which has seating for a further 30-40 guests.

The bedrooms are all well presented and include doubles/twins and singles, all with en suite facilities.

There is also an excellent sized catering kitchen which is very well equipped.

Tenure Details

Our client is looking to either sell the freehold asset or create a new lease with a rent of £75,000. If a lease option is a favoured then the lease length, break clauses, review schedules and other lease terms are negotiable.

External Details

To the rear of the building there is a good sized, southerly facing covered terrace which leads to a picturesque riverside beer garden.

The Opportunity

Chapters Boutique Hotel incorporates 'The Market Bar & Grill' and is a well known hotel, bar and restaurant within the town. The hotel caters for both tourist and commercial overnight and short stay guests, as well as being a popular venue for wedding receptions, parties and events.

It boasts excellent overall reviews on both Tripadvisor and Booking.com and would make an ideal acquisition for a licensed or leisure operator.

Regulatory

Premises licence.


More information from this agent

Nearest stations

  • Great Ayton (3.4 mi)
  • Battersby (4.0 mi)
  • Nunthorpe (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Great Ayton (3.4 mi)
  • Battersby (4.0 mi)
  • Nunthorpe (4.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6445063-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.