Hotel for sale

Aysgarth Falls Hotel, Aysgarth Dales, Leyburn, North Yorkshire, DL8 3SR

Under Offer £910,000

Property Description

Commercial information

  • Business for sale

Key features

  • 11 bedroom Yorkshire Dales pub/hotel
  • 2019 T/O 967,000, EBITDA 176,000
  • Turnover increasing year on year
  • Close to major tourist attraction
  • Owner's accomm, beer garden, patio terrace
  • 4 Star AA Gold award, AA Rosette. Energy Rating C
  • Christie & Co Ref: 6445073

Full description

Tenure: Freehold

Description

A highly impressive 11 bedroom coaching inn with good food and beverage space across the ground floor, excellent profits of £176,309 . Turnover for previous years is as follows:

• 2019 - £967,000
• 2018 - £961,000
• 2017 - £911,000
• 2016 - £855,000
• 2015 - £769,000

It is also well positioned to capture trade from one of the Yorkshire Dales main attractions.

Location

The hotel is situated on the main road through the village of Aysgarth in Wensleydale in the Yorkshire Dales National Park. The famous Aysgarth Falls are located to the rear of the property and are one of the main attractions to the Yorkshire Dales.

Internal Details

Ground floor accommodation comprises a charming and traditional bar with seating for 35 and a dining bar with seating for a further 25. The main restaurant, which has 50 covers, overlooks the rear patio with glorious countryside views beyond and there is also a further private dining room for up to 14 customers.

The letting bedrooms are located on the first and second floors and are very well presented in both traditional and modern tastes with stylish and contemporary en suite bathrooms or shower rooms. Ten of the bedrooms are either twins or doubles, with one family room.

External Details

There are three separate external seating areas: the enclosed patio adjoining the bar, the rear terraced patio with glorious views and the restaurant patio leading to the lawned beer garden with feature ornamental fountain. To the side and the front of the hotel is ample car parking.

The Opportunity

The Aysgarth Falls Hotel has a 4 Gold star AA award as well as an AA Rosette food offer. The business trades as a very well respected and popular coaching inn/hotel and the standards of service, food and presentation of the rooms are reflected in excellent Tripadvisor and Booking.com ratings, which in turn have helped to generate significant profits for the owners.

The hotel benefits from a renewable heating system resulting in the heating and hot water being run at a nil cost, saving running costs of approximately £13,000 per annum.

Trading Information

Turnover to March 2019 is £966,607 slightly higher than 2018 and a significant increase on previous years which was £911,000 in 2017, £855,000 in 2016 and £769,000 in 2015.

The EBITDA for 2019 is £176,309, an explanation of adjustments is available upon request.

Business Rates

The Rateable Value is £52,000 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.


More information from this agent

Nearest station

  • Leyburn (6.6 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.

Floorplans


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

  • Leyburn (6.6 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 6445073-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.

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