Greenhead Hotel, Glenwhelt Bank, Greenhead, Northumberland

The village of Greenhead is situated in the county of Northumberland, close to the border of Cumbria, between the towns of Brampton and Haltwhistle. The area is hugely popular with tourists, being close to Northumberland National Park, Hadrian's Wall and the Pennine Way which passes through the village. There are many local attractions including Thirlwall Castle (a 12th century castle on the bank of the River Tipalt), the Roman Army Museum and Hadrian's Wall Farmers’ Market (held on the second Sunday of each month, offering a wide range of locally produced foods and crafts). The village lies on Military Road, the B6318, and the A69 bypasses the village, offering links to Carlisle to the west and Newcastle-upon-Tyne to the east. Greenhead Railway Station serves the village and trains run on the Tyne Valley Line.

GREENHEAD HOTEL
The Greenhead Hotel is a hidden gem located in the Northumberland countryside close to Hadrian's Wall. It has benefitted from a significant amount of renovation in recent years and offers a welcoming bar and restaurant area, a spacious function room and seven boutique letting rooms. The business is popular with both locals and tourists alike, being ideally situated off the A69 between Carlisle and Newcastle and is used by those visiting nearby attractions such as Hadrian's Wall.

Net sales for the year ended 31 March 2025 are in excess of £600,000 with full trade accounts available to serious parties upon request. More extensive marketing and greater promotion of the function room side of the business for wedding receptions, parties and private events may lead to increased sales. In our opinion, this turnkey business would suit a family team or an aspiring chef.

Planning permission has been granted for change of use of the function room to four en suite bedrooms - Northumberland County Council Planning reference number - 25/01915/FUL.

GREENHEAD HOSTEL
Greenhead Hostel is a converted Methodist chapel which was refurbished in 2021. It caters for tourists visiting nearby attractions including Hadrian's Wall and the local Roman heritage sites. The hostel offers self-catering accommodation with tariffs ranging from £28 per bed per night, dorm hire from £140 to £185 per night and exclusive hire of the whole hostel at £850 per night. The business has its own website and social media presence and is also marketed on Independent Hostels and Booking.com. It boasts excellent reviews.

Net sales for the year ended 31 March 2025 are £85,423 with full trade accounts available upon request

Mains electricity, water and drainage are connected. LPG and oil fired central heating.

Local Authority: Northumberland County Council

Rateable value: Greenhead Hotel - £11,500 Greenhead Hostel - £5,200

A Premises LIcence is held.

FREEHOLD £825,000. Fixtures & Fittings may be available by separate negotiation.

OR, ALTERNATIVELY

LEASEHOLD
LEASEHOLD: NIL PREMIUM. The inventory may be available by separate negotiation.
TERM: Seven years
LANDLORD & TENANT ACT 1954: Inside Part II Landlord & Tenant Act 1954
ASSIGNABILITY: Fully assignable subject to Landlord’s consent
BOND: A bond equivalent to three months’ rent in advance
RENT: £45,000 per annum, paid monthly in advance
RENT REVIEW: Subject to rent reviews every third year of the term
REPAIR LIABILITY: Full repairing and insuring lease
TIE: Free of all trade ties
INSURANCE: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT: VAT will not be payable on the Premium and rental payments

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.