Skip to content

Country Park Inn, Cliff Road Hessle, Hull, HU13 0HB

£1,400,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Hotel for sale

Key features

  • Multi stream investment sale
  • Total income circa £120,000 per annum
  • Well established trading unit
  • Good sized freehold site
  • Superb riverside position
  • Energy Rating B
  • Christie & Co Ref: 5455551

Description

Description

The Country Park Inn is situated on a site measuring approximately 2.2 acres. The main building is a brick built detached building which houses the public trading areas. Country Park Inn has extensive car parking. There is a three bedroomed lodge building also on the site of the hotel, the bedroom numbers of the lodge could be increased by re-configuring the accommodation.

Location

The Country Park Inn is nestled on the banks of the River Humber, occupying a superb position. The property is located in the shadow of the world-famous Humber Bridge and offers fantastic views of the estuary.

The Country Park Inn is adjacent to Humber Bridge Country Park, a hugely popular tourist spot for visitors to the area, as well as the local community. The park is a nature reserve and is a haven for wildlife. It is a 21-hectare site with over 20 species of butterfly and other great attractions for the hundreds of thousands of visitors each year.

The Country Park Inn’s location, next to the Humber Bridge Country Park, ensures a busy all year-round footfall. Hessle Whiting Mill is also an attraction for visitors and is located on Hessle Foreshore next to our client’s business. Hessle is a highly regarded town in East Yorkshire with property prices significantly higher than the surrounding areas, it is located approximately five miles West of Kingston upon Hull city centre, in 2017 Hull was the UK City of Culture.

Internal Details

The main entrance leads into a very attractive reception with a well thought out waiting area for customers. A door leads through to the main reception area which takes patrons through to the main casual dining public areas.

The main restaurant, bar and dining areas offer open plan seating for circa 120 customers, there is a range of fixtures and fittings with an extensive feature bar servery. The public areas have the benefit of superb views over the estuary to enjoy whilst eating and drinking.

Event Space
The Country Park Inn has an excellent, spacious area for hosting events. This event space is located completely separately to the casual dining areas in the building allow excellent flexibility to run two businesses at the same time. The function rooms have a capacity of circa 300 in total with an extensive bar area.

Investment Income

The Country Park Inn is available as an investment opportunity with tenants in situ. The package includes the main hospitality building, the lodge, and the car park, which offers potential for additional income.

The main Country Park Inn building is leased at a rental of £75,000 + VAT per annum, with rent reviews every five years. There are currently six and a half years remaining on the lease, and a copy of the agreement can be provided. The tenants are experienced hospitality operators with multiple sites across the region.

The lodge building currently generates a gross income of circa £40,000 per annum from the accommodation business. The lodge has the potential however to generate a higher gross income than this.

We are advised the income generated from the car park to our clients is around £10,000 per annum.

In total, the proposed investment generates circa £125,000 per annum in rental income, representing an excellent yield on the £1,400,000 investment. The yield could be further improved by generating further income from the lodge (of which there is scope to do) and taking over collection of the car park income directly rather than via a third party.

Letting Accommodation

Included exclusively with the freehold option is a superb lodge building, fully renovated by our clients to provide high-quality letting accommodation. Thoughtfully designed for guests and travellers, this space offers a strong potential revenue stream with three en-suite letting bedrooms, featuring floating beds, luxurious bathrooms, and premium fixtures and fittings. The property also includes a well-appointed kitchen diner and a comfortable living area.

Additionally, there is potential to convert the accommodation into six self-contained hotel rooms, further enhancing income opportunities.

External Details

The Country Park Inn enjoys a prime location overlooking the Humber Estuary, making its outdoor dining areas highly popular with customers. The patio and beer garden provide alfresco drinking and dining space for approximately 80 guests.

The site also benefits from extensive car parking, which is frequently used by thousands of visitors due to the nearby attractions. Currently, our clients operate a pay-and-display system, with patrons of the Country Park Inn receiving a refund on parking charges. There is the option to discontinue the refund scheme, allowing the car park to operate as an independent revenue stream and further enhance profitability.

Investment Summary

Annual income guaranteed at £75,000 + VAT per annum, with additional potential earnings of up to £70,000 or more based on 70% occupancy within the lodge plus car parking charges.

Energy Performance Certificates

EPC 1

Brochures

Country Park Inn, Cliff Road Hessle, Hull, HU13 0HB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hessle Station0.2 miles
  • Barton-on-Humber Station1.8 miles
  • Barrow Haven Station2.5 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

These notes are private, only you can see them.

Disclaimer - Property reference 5455551-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.

Map data ©OpenStreetMap contributors.