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Kingsway Adventure Centre, Alston Rd, Middleton in Teesdale, Barnard Castle, County Durham, United Kingdom, DL12 0UU

Offers Over
£300,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Leisure facility for sale

Key features

  • Long established Activity Centre
  • Popular & desirable village location
  • Grade II Listed former School
  • 10 different activities currently offered
  • Potential for alternative use STPP
  • Energy Rating E
  • Christie & Co Ref: 6490018

Description

Description

The Kingsway Adventure Centre has now been providing outdoor adventurous experiences for over 25 years, during that time they have managed to hone their craft , through encompassing extremely experienced, qualified and highly passionate instructors with adrenaline fuelled adventurous activities, enabling them to provide outdoor experiences guests are guaranteed to remember for years to come.

Further detailed information about the types of activities that are offered can be found on

Location

The property is situated on the outskirts of the village of Middleton in Teesdale, surrounded by the North Pennines Area of Outstanding Natural Beauty and just a few miles north-west of the popular and historic market town of Barnard Castle.

The village benefits from being extremely well connected by road in all directions. Penrith is c. 40 miles west, with Durham city being c. 30 miles to the north east.

Internal Details

The centre has a large dining and seating area with log burner, a main hall with a traverse climbing wall, ping pong tables and a basket ball hoop, as well as a fully equipped kitchen, and drying room.

Fixtures & Fittings

All fixtures and fittings are owned outright and are to be included in the sale of the business, subject to an inventory.

Activities

Further information about the activities that the centre offers are listed on their website - vast majority of these are within walking distance of the centre itself, or take place on site, with some water based activities being c. 25 mins away by car/minibus.

Letting Accommodation

There is a sleeping capacity of 39, split across five bunk rooms and two twin en suite rooms.

External Details

There is a large garden to the front of the house which is often utilised for activities and in the summer months for picnics. There is off street parking for up to eight cars and further on street parking. All parking is free of charge.

Owner's Accommodation

The owners currently live in a bungalow on site, but this is not included in the sale and is to be retained by them for ongoing use.

The Opportunity

Kingsway Adventure Centre provides a rare opportunity for somebody with a keen interest in the outdoors to acquire a trading business with a long established reputation and loyal repeat customer base.

Should somebody not wish to acquire the business as a going concern then there is an opportunity to utilise the property for alternative use i.e. AirBnb or similar.

Staff

The centre is currently owner operated by a husband & wife team, with the help of a contingent of staff. Further details can be supplied to seriously interested parties on request.

Tenure

The property and business are offered for sale on either a freehold or a leasehold basis.

The leasehold option is summarised as follows; the Landlord proposes to sell the goodwill & IP of the trading business, along with outdoor activity equipment for £10,0002, subject to an inventory. They then propose to charge £35,000 per annum rent for exclusive use of the property. Each year they will agree a schedule of works with the tenant and £10,000 per annum will be spent on repairs, maintenance and improvements to the property.

The landlord is flexible in terms of the length of lease, their preference would be 10 years but they would consider shorter, or longer terms.

Energy Performance Certificates

EPC 1

Brochures

Kingsway Adventure Centre, Alston Rd, Middleton in Teesdale, Barnard Castle, County Durham, United Kingdom, DL12 0UU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Appleby Station16.3 miles

About Christie & Co, Retail

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

Christie & Co, Retail

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 disco

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Notes

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Disclaimer - Property reference 6490018-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, Retail. 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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