The Bay Horse Inn, 2 Bridge End, West Woodburn, Hexham, NE48 2RX
Size
Ask agent
Tenure
Freehold
EPC
Parking
Ask agent
- Primary use
- Pub
No floor / site plan
Key features
- Pub & Restaurant with 7 Letting Bedrooms
- Located on Major Arterial Route (A68)
- Turnover Y/E 31.08.2024 - c.£358,00
- Extensive Grounds with Parking for 15
- Site size 0.812 acres
- EPC Rating A
- Christie & Co Ref: 6450544
Description
The Bay Horse Inn, West Woodburn, is a historic 18th Century coaching Inn, full of charm. On the ancient Roman route to Scotland, the Inn is positioned by the River Rede in Northumberland's Cheviot Hills.
With seven ensuite letting rooms, and it's position on the A68, The Bay Horse Inn makes it an ideal stop-over for travellers enroute to and from Scotland and for those exploring the wider Northumberland region.
Well supported by the local community, the Inn is well renowned for its food offering, particularly the Sunday Carvery.
For further information, please click the link to the business' dedicated website Bay Horse Inn
The Bay Horse Inn occupies a prominent roadside position on the A68, a major arterial route north to the Scottish Borders and south to Darlington, within easy reach of the commercial centres of the North East. Four miles from Otterburn, 19 miles from Kielder, 20 miles from Corbridge and just 24 miles from Newcastle Airport.
The A68 is rated one of the best driving routes in the country and is therefore popular with tourists, boasting spectacular views. There are a number of small villages nearby, as well as some very popular wedding venues such as Le Petit Chateau, Woodhill Hall and Otterburn Castle.
The ground floor comprises a bar with seating for 40 customers in a traditional setting. A games room is located to the rear together with a separate dining room with seating for 70.
Ancillary areas include: Commercial grade catering kitchen, beer cellar and customer toilet facilities
*Please note the property has been repainted internally subsequent to photos taken.
We have been advised that the majority of the fixtures and fitting are owned outright and will be included in the sale, subject to an inventory.
The Property benefits from a Biomass system which cost £77,000 to install in March 2015. An RHI contract is in place with an income of approximately £9,000 per annum until c.2034.
The property is available TO LET for a minimum of 10 years, on a full repairing and insuring basis.
Ingoing premium: £50,000
Annual rent: £26,000
The rent reviews will feature in the lease and the mechanism will be upwards only to market rent or RPI linked (whichever the greater). Full terms to be negotiated.
Rent deposits and/or personal/cross-company guarantees may be sought dependant upon the prospective tenant covenant strength.
Tenant incentives (i.e. rent free period or stepped rent) may be available subject to proposed tenant covenant strength.
The first floor contains seven letting bedrooms: two family rooms and five twin/double rooms. Predominantly used by tourists and those attending weddings in the nearby villages, the bedrooms have good occupancy levels.
External DetailsThe garden stretches down to the river and contains a grassed area equipped with garden tables.
There is on-site parking to the front for 15 cars.
The Bay Horse Inn presents an excellent opportunity for an owner operator to take on an established business that is trading well but by no means to its full potential. Equally, it could prove a solid acquisition for an expanding regional operator looking to grow their portfolio.
Benefitting from a number of income streams, and with trade from both locals and tourists, the business is already well established with excellent reviews and good reputation.
After many years of hard work in the hospitality industry, the owners are now looking to retire.
The business is run by one of the owners part-time, with the support of a team of full and part-time staff.
A full schedule of employees can be provided to seriously interested parties on request.
Accounts for the last three years show a consistently net turnover of c.£350,000. Further information can be provided on request.
Trading HoursSunday to Thursday
10.30 am –11.00pm
Friday & Saturday
10.30am –12.00am
The Rateable Value as at 1 April 2023 is 11,750. Confirmation of actual rates payable can be obtained from the local Authority.
RegulatoryPremises License
- Service charge
- Ask agent
- Business rates
- Ask agent
- Use class
- Ask agent
- Listed building
- No
- Business for sale
- Yes
An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
- Ask agent
- Environmental description
- Ask agent
The Bay Horse Inn, 2 Bridge End, West Woodburn, Hexham, NE48 2RX
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
Your search history
You have no recent searches
Disclaimer - Property reference 6450544-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.











