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Coach House Hotel & Adjoining Cottage, Otterburn Hall, Otterburn, Northumberland, NE19 1HE

£520,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • 14 bedroom boutique hotel, bar & restaurant
  • Two bedroom owner's cottage included
  • Rural location in National Park
  • Lifestyle business but huge potential
  • High standards of presentation
  • Good leisure & tourist trade. EPC exempt
  • Christie & Co Ref: 6445109

Description

Location

The Coach House is positioned within Otterburn Hall Estate in the Northumberland National Park and the Northumberland International Dark Sky Park, approximately one mile north of the town of Otterburn. Otterburn Hall Estate consists of the main Hall, currently closed and awaiting refurbishment, several private dwellings and a large and well maintained lodge park as well as two lakes and a variety of woodland walks.

Accessed by the A68 and A696, one of the most stunningly beautiful stretches of road in the UK, Otterburn is located midway between Newcastle upon Tyne and the Scottish Borders, and is home to several established wedding venues providing additional income into The Coach House. Close by is Kielder Water and Forest Park and slightly further afield is Hadrian’s Wall UNESCO World Heritage Site and also the Northumberland Coastline with its superb beaches and rugged coastline littered with castles and charming towns and villages.

Internal Details

The main public areas comprise a contemporary bar / lounge and restaurant serviced by a large and very well equipped catering kitchen.

Fixtures & Fittings

Fixtures and fittings are included with the exception of items that are personal to our client.

Adjoining Cottage

Attached to the hotel is a two storey cottage which be provide a great dwelling for an owner or manager. It comprises a charming lounge with separate dining room plus a lovely fitted kitchen to the rear giving access to the rear garden. On the first floor there are two good sized double bedrooms, a storage cupboard and an excellent family bathroom featuring a claw foot bath and a large shower cubicle. The cottage could also be used for holiday let income if required.

Letting Accommodation

The 14 boutique bedrooms are on the ground and first floor and are all very stylish and well presented with bath and/or shower en suite facilities.

External Details

To the side of the building is an ample car park and to the rear is a smart pebbled patio with seating, ideal for outside dining and drinking

The Opportunity

The business trades as a rural, leisure based hotel catering for tourists drawn to the area by its many attractions. It is set within the Northumberland International Dark Sky Park and the stunning scenery and the nearby wedding venues also provide an excellent source of trade. The restaurant offers a takeaway service which proves very popular with the lodge park, locals and the other holiday lets in the area.

The hotel has earned a 9 out of 10 (superb) rating on Booking.com and also 4.5 out of 5 on Tripadvisor. The owners enjoy a very nice way of life and are hands on operators, assisted by a complement of eleven staff comprising three kitchen staff, six front of house and two housekeepers. They are selling to pursue other ventures.

Trading Information

Turnover to March 2022 shows £387,000 with an adjusted net profit of £100,000 allowing for Directors Costs, Motor Costs and Depreciation, however recently the seller has operated on a reduced capacity to suit his lifestyle. There is huge scope to increase trade levels to pre 2023 levels. Full trading information is available on request.

Tenure

The property is held on a 999 year lease at a ground rental of £3,000 per annum.

Business Rates

Confirmation of business rates should be obtained from the Local Authority.

Energy Performance Certificates

EPC 1

Brochures

Coach House Hotel & Adjoining Cottage, Otterburn Hall, Otterburn, Northumberland, NE19 1HE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Haydon Bridge Station18.7 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Hotels

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Notes

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Disclaimer - Property reference 6445109-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.

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