The Angel View Hotel & Restaurant, Low Eighton, Gateshead, NE9 7UB
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- Primary use
- Hotel
No floor / site plan
Key features
- 27 bedroom hotel on c. 2 acre site
- T/O c. £1m, net profit £160,000
- Bar, restaurant & 3 function rooms
- Lovely central courtyard garden
- Additional mews courtyard, ample parking
- Semi urban location on Tyneside. Energy Rating C
- Christie & Co Ref: 6445201
Description
The Hotel is very well laid out across two floors and boasts ample drinking and dining space in its bar and carvery restaurant which is able to comfortably seat 80 guests, all situated around a very pleasant enclosed central courtyard with ornamental fountain and picnic benches.
It also includes three function rooms; The Mulberry Suite, which is the main wedding suite with bar and a capacity of 100, The Vineyard Suite able to seat 60 guests and which opens out to the lovely mews courtyard at the rear and finally The Angel Room, ideal for smaller meetings and more intimate gatherings able to accommodate a large boardroom table.
There is a very large and well-equipped catering kitchen ideally located off the restaurant and adjacent to the Mulberry Suite. There are also offices, a staff room and beer cellar plus ample storage rooms.
Situated directly opposite The Angel of the North, the hotel is just off junction 66 of the A1(m) on the very southern edge of Gateshead and enjoys excellent road links to all parts of the Tyne and Wear region. Newcastle city centre is just a few miles away while Washington, Sunderland and Durham City are just a short drive, as is The Team Valley Retail Park and The Metro Centre, both of which are huge commercial draws for visitors into the area.
Letting AccommodationThe hotel has 27 en suite bedrooms comprising 22 double or twin rooms, three family rooms, one triple room and a single.
All rooms are well proportioned and decorated in a neutral and contemporary style, in keeping with the rest of the building, with TV's and tea and coffee making facilities.
The hotel sits on a generous circa two acre site with substantial car parking on the north and east side of the building. The central courtyard and mews courtyard provide pretty and enclosed surroundings for external drinking and dining.
The OpportunityThe very accessible location and great roads links surrounding The Angel View make it a great base from which both leisure and commercial visitors can reach the wider northeast region. Its proximity to the huge residential population of Gateshead, Washington and Newcastle also makes it ideal to capture local trade for Sunday lunches, evening meals and wedding and function trade.
Trading InformationAccounts information is available on request but as a guide, turnover to end of June 2024 was around £1m generating and adjusted net profit of circa £160,000. It is expected that accounts for 2025 will be similar.
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- Listed building
- No
- Business for sale
- Yes
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The Angel View Hotel & Restaurant, Low Eighton, Gateshead, NE9 7UB
About Christie & Co, Hotels
We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.
If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.
Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.
Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.
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We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.
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Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.
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Disclaimer - Property reference 6445201-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, Hotels. 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.