Hotel Restaurant And Conference Centre In Northumberland For Sale

Business description

We are delighted to offer for sale this superb hotel, restaurant and conference centre, which dates back to the 17th century and which has been in our client's careful hands since 1987. The business generates a turnover in the region of £650,000 per annum with a gross profit of 70%, derived from letting the 27 rooms, offering conference and event facilities as well as from the renowned restaurant and tavern. There is a former care home attached, which a new owner could convert into additional letting accommodation, subject to the necessary planning permission. The Percy Arms Hotel boasts an excellent reputation with much repeat custom, especially for conferences and seminars. The business boasts a quality web site with information about all the facilities offered as well as an online booking service. We feel this represents a rare opportunity to acquire such a well-known and renowned business in such a desirable location. Early discussions with us must come highly recommended.

Property information

Property:

Freehold

Location:

The Percy Arms Hotel occupies a prominent main road position in the delightful village of Otterburn, Northumberland. The business is situated on the main road through the village and is close to all local amenities. Otterburn lies on the edge of the Northumberland Moors, some of Britain's most unspoilt countryside, and just 16 miles from the Scottish border. Otterburn is famed for the historic battle in 1388 between the Scottish and English armies, immortalised in The Ballad of Chevy Chase, from which the American actor took his name. There is a stone column to mark the site of the battle known as the Percy Cross. Other local landmarks include Otterburn Hall, Otterburn Tower and of course the Percy Arms, which in the 17th century was a coaching inn. Otterburn makes an ideal base for exploring the surrounding countryside and taking part in pony trekking, golf, walking, rambling and cycling. The village lies on the Newcastle to Edinburgh road and boasts easy access to Newcastle International Airport and the railway station.

Premises details:

Substantial 2-storey former coaching inn offering 27 letting bedrooms, restaurant, 2 bars, 2 lounges and function room along with a currently unused 16 bedroom care home. Situated in approximately 6 acres of land. Briefly comprising:

Ground Floor
• Reception and office
• Small bar
• Percy Lounge
• Otterburn Lounge
• Conference/function room for up to 40 persons
• Garden restaurant with 120 covers
• Ladies & Gents WCs
• Bar with 13 points of dispense and feature log fire
• Pool room
• Public bistro with bar servery with 5 points of dispense
• Meeting room
• Commercial kitchen with a comprehensive range of equipment, walk-in chiller and prep room
• Access to former care home
• 3 x letting bedrooms with en-suite facilities

First Floor
• 24 letting bedrooms with en-suite facilities

Former Care Home
Currently unused. Briefly comprising:
• Lounge
• Dining room
• Office
• WCs
• Laundry room
• Store room
• Lift
• 16 rooms

External
• Patio/beer garden
• Utility store
• Food store
• Private parking
• 4 x garages
• 6 acres of grounds with river running through and fishing rights for a mile of the river

Business Operation

Trading hours:

Open all year round

Other information

Related documents:

• 
• EPC