7 bedroom equestrian facility for sale

Tenure: Freehold

Location
Ivesley Equestrian Centre and Bed and Breakfast are ideally set within its own 220 acres situated in the village of Waterhouses, County Durham. The business lies approximately 7 miles from Durham City, with its popular Cathedral, Castle, University and many other famous attractions. The location makes an ideal base for riders and non-riders, wishing to explore the area to enjoy the peaceful and beautiful surroundings. Waterhouses lies in the spectacular fell area of County Durham with Lanchester being approximately 4 miles away, while Newcastle International Airport lies approximately 24 miles away. The business is easy accessible via the A690 and is close to the A1(M) motorway.

Business History

Preferred Commercial is pleased to offer for sale this equestrian centre and bed and breakfast business, which was established by our clients' in 1989 and which is only now being placed on the market due to our clients' wish to retire. The business trades all year round and generates a turnover in the region of £170,000 per annum. The equestrian centre boasts 220 acres of land and benefits from an extensive range of stables and outbuildings and has a courtyard area with views over to the dressage training area and the cross country track. The business is a BHS approved riding school and provide training for everyone from complete beginners to experienced riders. Our clients have developed an excellent reputation and a loyal customer base, which ensures much repeat trade. The business also offers bed and breakfast in the traditional 7-bedroom farmhouse. The bed and breakfast has a large country style kitchen, sitting room and drawing room, along with a small self-contained flat. We are advised by our client that the bed and breakfast has only recently been put in place and the main income is from the riding school. We feel that the business would benefit from a modest marketing campaign and a website. This is an ideal opportunity to acquire a unique business, situated in a thriving area and with scope to develop further. Early negotiations with Preferred Commercial must come highly recommended.

Financial Details
T/O: £170,000 approx.

Opening Hours
Open all year round

Accommodation Details
220 acre equestrian centre with a 7-bedroom country style farmhouse, boasting an extensive range of stables and outbuildings. Briefly comprising:

Ground Floor
• Large country style kitchen with a range of fitted units and worktops and AGA range
• Large family sitting room with views across the Pennines
• Large drawing room with feature fireplace and views to the garden
• Large sun room with views over to the Pennines

First Floor
• Master bedroom, accessed from a beautiful landing, comprising of a large double bed, en-suite with roll top bath and shower
• Bedroom 2: large double bedroom with built in wardrobes and large en-suite facilities
• Bedroom 3: double bedroom offering spectacular views of the Pennines
• Bedroom 4: double bedroom with feature fireplace and fitted wardrobe
• Bedroom 5: very large double bedroom with feature fireplace with en-suite shower
• Bedroom 6: large double bedroom with spectacular views across the Pennines and en-suite shower
• Small self-contained flat with bedroom and lounge

External
• 220 acres of land with extensive range of outbuildings and stables
• Courtyard with views over the dressage area and cross country track

Tenure
Advised freehold