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The Three Horseshoes, Hatherley Lane, High Horton, Blyth, Northumberland, NE24 4HF

£399,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
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SECTOR

Pub for sale

Key features

  • T/O y/e March 2023 c. £1,000,000 net of VAT
  • c.120 Internal & 100+ External Covers
  • Outside Bar & Kids Play Area
  • Offered with vacant possession
  • 2 Bed Owners/Managers Flat
  • Total site size c. 0.75 acres. EPC Rating C
  • Christie & Co Ref: 6450513

Description

Description

The Three Horseshoes is a great example of a destination venue renowned for its food offer, whilst maintaining a healthy drinking trade and upholding an excellent reputation for events.

Location

The Three Horseshoes is located on Hatherley Lane, in the village of Horton nr Blyth, Northumberland.

The pub is very easily accessible via the A189, providing superb transport links to the A19 and A1(M). Just 10.5 miles north of Newcastle upon Tyne city centre and only eight miles south of the affluent market town of Morpeth.

Plessey Woods Country Park, Northumberland is a visitor attraction and Blyth beach are all very close-by, meaning the pub is a great choice for day trippers visiting the area.

Internal Details

The main trading area comprises an inviting bar/dining room with a superb range of draught products and premium spirits.

The conservatory to the front provides seating for drinkers/diners in a bright and airy setting.

Ancillary areas include a very well kept beer cellar, a huge commercial grade catering kitchen with prep area and walk-in fridge, as well as multiple store rooms, office and customer toilet facilities.

Furthermore there is dining room.

Fixtures & Fittings

Some fixtures & fittings are owned by the Landlord, others by the departing tenant. A full inventory has been drawn up and can be provided to seriously interested parties on request.

External Details

The road directly in front of the pub is a public highway and is maintained by the Local Authority.

The area across the road, fenced off with picnic seating and kids play area is also owned by our clients and included in the sale.

Owner's Accommodation

At first floor level there is a two bedroom owners/managers flat with lounge, bathroom and kitchen.

The Opportunity

The Three Horseshoes presents an opportunity for an experienced licensed operator to acquire a busy pub with a fantastic reputation for food, as well as a strong local drinking trade.

Equally, the property may appeal to an investor looking to let the premises to an operator.

Trading Information

Turnover for year ended 31st March 2023 was £1,022,022, with the trade split being split as follows;

Food - 48%, Beverage - 50%, Weddings & Events - 2%.

Trading Hours

Monday to Thursday
12.00noon –10:30pm

Friday to Sunday
12.00noon - 12.00am

Tenure

The property is offered for sale freehold, with vacant possession.

The former tenant recently left and the freehold owners are finalising plans to reopen the pub in the new year.

Business Rates

The Rateable Value is £78,500 as of 1 April 2023. Confirmation of actual business rates payable should be obtained from the local Authority.

Regulatory

Premises License

Energy Performance Certificates

EPC 1

Brochures

The Three Horseshoes, Hatherley Lane, High Horton, Blyth, Northumberland, NE24 4HF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cramlington Station1.9 miles
  • Shiremoor Metro Station5.5 miles
  • Pegswood Station5.7 miles

About Christie & Co, Pubs & Restaurants

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Christie & Co, Pubs & Restaurants

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Notes

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Disclaimer - Property reference 6450513-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, Pubs & Restaurants. 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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