Restaurant for sale

Blagraves House, 30-32 The Bank, Barnard Castle, County Durham, DL12 8PN

Offers Invited

Property Description

Commercial information

  • Business for sale

Key features

  • Grade I Listed c. 15th Century property
  • Charming restaurant, seating c. 24
  • Courtyard & banqueting hall seating c. 45
  • Truly unique, steeped in history
  • 2 bedroom owner's accommodation
  • Extremely desirable, rarely available to market. EPC Exempt

Full description

Tenure: Freehold

Description

Blagraves House is the oldest house in Barnard Castle, dating from c. 15 Century. It is a Grade I listed building and comprises a stone built, mid-terrace four storey property, plus basement, with extensive vaulted cellars and a traditional Teesdale slate roof.

Having been in the same ownership for 30 years, this is an extremely rare opportunity to purchase a truly unique historic building of national importance.

Location

Blagraves House is situated in the historic market town of Barnard Castle in Teesdale, County Durham. Barnard Castle is the main settlement area in Teesdale, which is designated as an "Area of Outstanding Beauty" and a popular tourist destination. Blagraves House is said to be one of the Jewels in Barnard Castle's crown and is situated in the centre of the town's other tourist attractions, including the world famous Bowes Museum, Egglestone Abbey and the Castle which dates back to Norman times. The area has close links to the A1, A66 and Durham Tees Valley airport.

Internal Details

Internally the property has been extremely well maintained and retains many of its original features including crested and heavily beamed ceilings and large, open fireplaces.

Ground Floor

The ground floor comprises a reception lounge with armchair style seating for 18 customers, leading to a wine cellar, dispensing bar, and male and female toilet facilities.

Other Floors

The main restaurant/dining area is located on the first floor, and is presented in a traditional style with seating for 24 covers. Also located at first floor level is the catering kitchen and utility/wash-up area.

Extensive vaulted cellars stretch from the front to the rear of the property, measuring approximately 25 metres in length by 5 metres wide and contain a naturally sourced well.

Fixtures & Fittings

We have been advised that the majority of the fixtures and fitting are owned outright and will be included in the sale, subject to an inventory.

External Details

The ground floor leads to an external enclosed courtyard and oak panelled banqueting hall. The courtyard is home to a statue of Charles I and in warmer months can be utilised as a further seating area. The banqueting hall can seat 45 and can be used for private functions, such as weddings. Above the banqueting hall is a large room currently used for storage, and a private roof top garden with stunning views.

Owner's Accommodation

The second floor comprises of the master bedroom, living room with an impressive carved oak fireplace, bathroom and office. The office provides access to a large, characterful, third floor attic bedroom.

The Opportunity

Blagraves House is a truly unique building, steeped in history, and has links to Lieutenant Oliver Cromwell and King Richard III. It presents a rare opportunity for an owner operator to take over this very well established business, which has been under the same ownership for 30 years. The restaurant was originally operated with dining rooms on all three floors, seating 60, plus banqueting hall and the current limited trading hours is purely a lifestyle choice by the owners, who are looking to retire.

Staff

The business is currently operated by a husband and wife team, along with a small complement of part time staff.

Trading Information

The business currently opens from 7.00pm to 9.30pm five days per week.

Development Potential

We have been advised by our clients that the local council have indicated they would look favourably on an application for residential conversion.

Business Rates

The Rateable Value is £3,850 for the year commencing April 2010.

Regulatory

Premises licence.


More information from this agent

Nearest station

  • Bishop Auckland (12.8 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 station

  • Bishop Auckland (12.8 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.

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