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Bed & Breakfast, Public House & Restaurant -Durham [DL14 7SY]

£625,000

Business rates & charges may apply

Blacks Business Brokers, Bury
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SECTOR

Pub for sale

Key features

  • Well-Presented Management Ran B&B with Pub and Restaurant
  • Accounts Available 31 March 2024
  • Annual Turnover £396,307 / Gross Profit £291,945
  • £350,000 Extensive Refurbishment In 2022
  • Turnover Over Increasing Due To B&B
  • 9 Double En-Suite Bedrooms
  • Long Established - Superb Reputation
  • Scope For Additional Marketing

Description

- About
The Saxon Inn has been in operation for over 400 years here on Saxon Green and over that time it has firmly established itself within the local community. Our client has been in ownership here since 2000 and has enjoyed this exceptionally popular pub, with loyal customer base and great reputation. The business is only being offered for sale due to retirement, opening up an exciting opportunity for a new owner to enjoy this busy and popular pub.


- Premises Details
The business is housed within a beautiful, centuries old property, with manicured and pretty surroundings. This elevated corner location gives the building a real feel of grandeur before even seeing inside. The position within a historic village means that the business benefits from both local trade and tourism. To the rear of the building is a large, private car park for patron use.
Inside, the pub area is cosy and welcoming with a traditional feel and bar. The restaurant area is more modern, with spotlights, colour themed décor and matching accessories - the business offers seating for 72, 40 of which are in the restaurant and 32 in the lounge diner. The building also benefits from a beer cellar and garage. All areas are well presented. The property expanded the building in November 2018 adding in a bed and breakfast, with 9 brand new double en suite bedrooms.


- Summary
This freehold business offers a solid income stream, with much scope to develop the business further through some changes to this impressive and sizeable building. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Bed & Breakfast, Public House & Restaurant -Durham [DL14 7SY]

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop Auckland Station1.4 miles
  • Shildon Station3.9 miles
  • Newton Aycliffe Station6.0 miles

About Blacks Business Brokers, Bury

Bury St. Marys Place, Bury, BL9 0DZ

At Blacks Business Brokers we understand there is no substitute for knowledge and experience. Our dedicated and professional team has over 50 years combined expertise in the Business brokering Sector and therefore we know the important factors in achieving results.

Blacks Business Brokers aims to provide a comfortable one-2-one experience with a unique way of launching businesses onto the market. Forward thinking, innovative attitude is designed to offer a professional, efficient service on a more approachable level.

“Blacks Business Brokers is a highly focused, young dynamic organisation that conducts business differently, combining traditional values with modern marketing methods”.

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