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Alston House Hotel, Townfoot, Alston, CA9 3RN

£685,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • Prime position in Pennine town of Alston
  • T/O 8 months to 12/1/23: £338,000
  • Net profit 8 months to 12/1/23: £154,000
  • 9 individually styled en suite bedrooms
  • Bar & restaurant (100) inc. alfresco dining
  • One bedroom owner's flat. Energy Rating D
  • Christie & Co Ref: 6445144

Description

Description

Occupying a prominent position on the main road into the town from Penrith, Alston House Hotel is a well regarded hotel, bar and restaurant within the market town. Previously known as the Hillcrest Hotel, it was renamed Alston house in 2003. The current owners acquired Alston House Hotel in 2006 and under their ownership have made significant improvements over the years.

There are a total of nine en suite letting bedrooms as well as a modern, very comfortable owner's accommodation situated on the top floor. Every bedroom has been upgraded and the en suites replaced.

Importantly, the owners have also improved the infrastructure with a new central heating boiler and improved ‘zoned’ heating controls for maximum efficiency.

Location

Alston, the highest market town in England, is a delightful and picturesque setting in an area of outstanding natural beauty. The towns old stone buildings, it’s cobbled streets, narrow roads and secret passageways attract many tourists to this corner of Cumbria an annual basis and it is a great stopping point for walkers on the Pennine Way, or cyclists on the C2C route and the drive from Penrith is one of the most spectacular in the country.

Internal Details

Alston House hotel is approached by steps up from the road, leading to a vestibule and generous reception hall with original features including fireplace with gas fire and hammered copper surround.

To the left is the breakfast room seating circa 20 with opening through to residents seating/lounge area, with seating a further 25. There is an L-shaped servery and has this area has its own entrance. There is a beauty room off of this room which is currently occupied by a local hairdresser.

To the right of the reception hall are the bar and restaurant seating approximately 100. It offers various seating areas, formal dining and large screen TV area for sport. Stairs lead to all floors including the cellar accessed via the reception hall.

Ancillary areas include: Spacious catering kitchen with non-slip floor, fridge room and walk-in fridge, store room, dry goods room, pot wash, laundry room, office and beer cellar.

Fixtures & Fittings

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

Letting Accommodation

All bedrooms are located on the first and second floors, with nine lettings bedrooms overall (five doubles, one twin and three family rooms). All have en suites, either a bath and/or shower, and the usual TV and tea and coffee making facilities.

External Details

There is an area of parking immediately to the front of the hotel with a larger car park on the other side of the main road. The gardens are extensive and attractive with a newly created outside dining area.

Owner's Accommodation

Situated on the on the top floor and accessed via the main stairs is the owner's apartment, offering kitchen, living room and one bedroom with en suite.

The Opportunity

Having enjoyed the many years at Alston House hotel, the owners are now looking forward to a well earned retirement which leaves an opportunity for new owners to come in and place their own stamp on the business.

There are a number of areas of potential growth including:
• Further dining during the week
• Weddings (may involve some light configuration internally)
• Reintroduction of separate cafe
• Further potential for expansion of accommodation, subject to obtaining planning consent

Trading Information

Trading year 2022 - turnover £338,589.
Trading year 2021 - turnover £390,492.
Trading year 2020 - turnover £203,689.

Further trading information will be made available to seriously interested parties.

Business Rates

Confirmation of business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

Alston House Hotel, Townfoot, Alston, CA9 3RN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Haltwhistle Station10.9 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 6445144-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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