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Ancient Unicorn Inn, Bowes Barnard Castle, County Durham, DL12 9HL

£800,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
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SECTOR

Pub for sale

Key features

  • Grade II Listed 14-Bedroom Hotel
  • Licensed Wedding Venue | Bar & Restaurant(50)
  • Village Shop | 2 Bed Owner Accommodation
  • outdoor Seating | Landscaped Courtyard
  • Land at rear with Planning Permission
  • EPC Rating D
  • Christie & Co Ref: 6450567

Description

Description

A rare opportunity to acquire a thriving and characterful Grade 11 listed hotel with 14 high-quality letting bedrooms, a licensed wedding venue, 50 cover restaurant and bar, and the added benefit of a village shop, benefiting from multiple streams of income, all set in a beautiful rural location.

This well-established and much-loved hotel blends period charm and modern hospitality standards. Guests are drawn to its unique features, relaxed atmosphere, and multi-functional offering making it popular with couples, tourists, and locals alike.

With a recent full wedding licence being granted for 5 years, the venue was once a highly sought after wedding venue, but the licence expired and the current owners have just had it granted again in preparation for the sale to any new owner, providing even more value for the new owners.

Location

Nestled on a prominent main road in a charming and historic village setting, the property benefits from consistent footfall from tourists, wedding parties, walkers and commuters. It's prime location offers immediate access to the A66 and A1(M) road networks, enabling easy travel across the North East and beyond.

The hotel is perfectly paced between the North Pennines Area of Outstanding Natural Beauty and the Yorkshire Dales National Park, attracting thousands of nature lovers and holidaymakers throughout the year.

The surrounding region boasts a mix of affluent market towns, castles, historic landmarks, and museums - all of which help to drive strong year-round tourism to the area.

The hotel is also on the famous Pennine way walk A hot spot for nature lovers and walking enthusiasts.

Internal Details

The ground floor comprises 4 key public areas:

Hotel Bar - cosy and character-filled with traditional features

Village Shop - popular with locals, guests, tourists and those driving past on the A66

Restaurant - stylish and quirky dining area with capacity for 50 covers

Function Room - could be used to extend the restaurant, overspill for the bar or function or many other uses.

Back-of-house facilities include male and female WCs, a well-equipped commercial catering kitchen, ample storage, and operational support areas.

Fixtures & Fittings

All trade fixtures and fittings are included in the sale, all kitchen equipment, furniture in all of the bedrooms and downstairs function rooms, all free of any hire or lease agreements (excluding items of personal significance to the current owners). This allows a seamless transition for any incoming buyer.

Letting Accommodation

There are 14 beautifully appointed letting bedrooms, each fully refurbished to a high standard with modern amenities, tasteful decor, and a charming boutique feel. Several rooms offer views of the surrounding countryside, making them especially popular with returning guests.

External Details

Outside, the hotel boats a cobbled courtyard with garden seating - ideal for dining and drinks in warmer months. There is ample off-street parking for guests and staff, which is a significant advantage for both weddings and overnight stays.

The rear land, included in the freehold, adds a major strategic advantage for future development and value uplift.

Owner's Accommodation

The property includes a spacious, private two-bedroom apartment, bathroom, and living room. Perfect for on-site management or staff use, this unit could also be converted into an additional income-generating guest suite if preferred.

The Opportunity

This is a standout investment opportunity for an owner operator, and experienced hotel operator or a developer to take on a hospitality business with substantial upside potential.

Included in the sale is a valuable parcel of land to the rear of the hotel, with current planning permission for a 10-bedroom hotel extension and a 2x 5 bedroom residential dwellings. This opens up a range of development options including luxury lodges, glamping pods, or a caravan site (subject to planning).

Whether looking to expand the hotel's footprint, create a leisure park, or build homes, this sale offers multiple lucrative exit strategies.

The current owners are moving abroad which his why they are selling.

Trading Hours

Monday - Thursday: 5.00pm - 11.00pm

Friday & Sunday: 9.00am - 11.00pm

Saturday: 9.00am - 11.00pm

These hours can be adjusted by a new operator to suit future operating models or expansion.

Planning Permissions

DM/18/02747/FPA - Conversion and new build construction of former agricultural barns to form three dwellings and a 10 bedroom extension to accommodation.



We have scale drawings and plans which can be provided upon request.

Business Rates

The Rateable Value is £6,000 with effect form 1 April 2023. Prospective buyers are encouraged to verify current rates payable with the Local Authority.

Brochures

Ancient Unicorn Inn, Bowes Barnard Castle, County Durham, DL12 9HL

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kirkby Stephen Station15.0 miles

About Christie & Co, Pubs & Restaurants

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

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 discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 6450567-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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