Pub for sale
Pheasant Inn, Stannersburn, Hexham, Northumberland, NE48 1DD
Guide Price
£800,000
Property Description
Commercial information
- Business for sale
Key features
- 8 bed, 4 star Northumberland coaching inn
- Family run business with £125,000 profit
- Beautiful location with booming tourism
- Traditional style bar/restaurant, 70 covers
- Car parking and owners accommodation
- Attractive, characterful stone building. Energy Rating D
- Christie & Co Ref: 6450420
Full description
Tenure: Freehold
Description
An outstanding, family owned country inn and restaurant with eight letting bedrooms, located in the stunning Northumberland National Park. High levels of service, presentation and attention to detail have been helped to produce profits of £125,000.
LocationThe Inn enjoys a delightful, picturesque location in Northumberland National Park with a host of other tourist attractions nearby.
The area has been awarded Gold Tier Dark Sky status and is the fourth largest protected dark sky park in the world, which helps to drive year round tourism and is one of the key reasons for the upsurge in visitor numbers to the region.
There are drinking and dining areas on the ground floor providing up to 70 covers and these are very well presented in a traditional style, featuring exposed stone walls and oak beams.
Letting AccommodationThere are eight lovely double and family bedrooms, all with en suite facilities and presented to a very good standard.
External DetailsThere is ample car parking on site as well as overspill parking on the main road. There is a pleasant lawned courtyard adjacent to the bedrooms and a small private garden to the north side of the inn. There is also a plot of land which may be able to be purchased by separate negotiation if a new owner wished to develop the site.
Owner's AccommodationOn the first floor there is owner's/ manager's accommodation comprising a lounge, two bedrooms, office and bathroom as well as a master en suite bathroom.
The OpportunityA highly regarded family run country inn boasting 4 stars with AA and Visit England as well as a host of other accolades. Trade levels are going from strength to strength, driven by the increasing popularity of the Dark Sky Park which is helping to boost year round trade.
Trading InformationAccounts ending 31 May 2017 shows a turnover of £525,918 which is up by over £33,000 on the previous year. This produces a net profit of circa £125,000 after adjustments.
Full accounts are available on request.
The Rateable Value is £36,500 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority.
RegulatoryPremises Licence.
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Energy Performance Certificate (EPC) graphs
Nearest station
- Haltwhistle (14.2 mi)
Broadband
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To view this property or request more details, contact:
Christie & Co , Newcastle Upon Tyne
Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQHow much will it cost me to call the number displayed on the site?
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Nearest station
- Haltwhistle (14.2 mi)
To view this property or request more details, contact:
Christie & Co , Newcastle Upon Tyne
Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQHow 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 6450420-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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