High Street, Wooler, Northumberland, NE71

Bradley Hall are delighted to welcome to the market this unique high quality property to the market. Arlington House Hotel is a recently developed self check in hotel set in the heart of Wooler. The property provides 7 high specification en-suite bedrooms providing short term stay accommodation in a highly popular location in Northumberland.

The property is positioned on the High Street of Wooler which is known as the gateway to the Northumberland National Park and is nestled at the foothills of the rolling Cheviot Hills. Surrounded by stunning scenery Wooler is an attractive quaint town with busy high street with a number of pubs, restaurants and local retailers. The tourism industry in the town has been buoyed by the recent development of Ad-Gefrin a significant tourist attraction and whiskey distillery. The town is popular with those wanting to walk and explore the surrounding countryside but is also easily accessible to the Northumberland Coast.

The attractive period property is arranged across three floors providing 7 spacious en-suite bedrooms. The property is accessed into a stunning welcoming entrance hallway with one en-suite bedroom to the ground floor. To the first floor there are four en-suite bedrooms and the final two are positioned to the second floor. Each bedroom is uniquely decorated to a high standard and easily accommodates super king beds in addition to the en-suite bathrooms, kitchenettes and ample space for storage. To the rear of the ground floor is ample storage space for laundry, a boot room that can be utilised by guests and plant room. There is also a small rear yard with shed providing further storage.

Being situated on a number of popular lengthy walking routes, there is significant demand for short stay accommodation within the town and Arlington House Hotel provides the highest quality accommodation within the town. The business model allows guests to self check in to rooms resulting in minimal management costs bar regular maintenance, cleaning and utility costs. The beautifully appointed period property also benefits from modern technology with ResiCentral system that monitors rooms to remotely control heating levels whilst also checking sound levels. An innovative way to reduce expenses for owners.

The property has been successfully operating since the beginning of 2024 and therefore accounts are not yet available. Forecasts provided by reputable holiday let providers estimate nightly rates to be between £90 - £137 and occupancy to be at 65%. Current achieved figures track in line with those forecasts provided. Taking into account management costs, booking fees, cleaning, utilities, rates, maintenance and insurance the property is estimated to produce a net income of £106,176 per annum.

The property is available to purchase at a guide price of £615,000. Such a price would reflect a yield of 17.3% a highly attractive return for a relatively low management asset. The opportunity provides further opportunity to increase returns as the property becomes more established in the market enabling the prospect of increasing nightly rates and occupancy levels.

Arlington House Hotel is a truly unique property in the Northumberland market providing a rare opportunity to purchase a high yielding asset in a significantly improving town with growing demand for high quality accommodation