Archived
Well Established Pub & Restaurant With Guest Room Accommodation
Hexham, Northumberland
- Asking Price: £499,995 +SAV
-
Turnover:
The business generates a turnover in the region of £250,000 per annum with a gross profit 65%. For further information quote reference B05795.
- Tenure: Freehold
Please Quote Reference B05795
FREE OF TIES.
Hilton Smythe welcomes to the market The Railway Hotel. Our client has owned the business since 2015 but is now looking to sell the pub due to the desire to focus on other business interests. This is a genuine reason for sale and is not to be missed.
The business is currently being leased out & runs as a popular village pub selling a range of world wines and cask ales. The pub also operates as a restaurant and guest house. This is a 5 bedroomed guest house with owner’s accommodation. The business has been run to an exceptional standard and the business overall has a great reputation with the locals and many tourists.
The business is being sold as a pub and restaurant with guest room accommodation. There is also a holiday let flat included in the sale. The purchaser will simply take over the freehold of the property. We are advised the current income from the tenant is £24,000 per annum.
This pub is a central focus in the village as our client helps host many of the town events. There are street parties, bike rides, village activities and more. Information on up and coming events are advertised on The Railways Facebook page. The page has over 600 followers which are constantly updated with new menus, photos and promotional offers.
The restaurant sells a range of tasty foods. They sell pub classics such as Sunday roasts, sandwiches, pizza’s, steaks, fish dishes and much more. The food is done to a high standard and this is not just a regular village pub/restaurant. Our client puts in a lot of attention to detail and this shows in the overall business.
The guest rooms are currently advertised on sites such as booking.com. The new owner should look to set up a website for the pub where they can promote all the business and allow for an online booking system for the restaurant, parties and guest rooms. Promoting the business more should allow for more custom.
This is the perfect venue for weddings and other functions. The purchaser could also advertise at local weddings fayres. An outside catering service could also compliment this side of the business. This is an affluent and upmarket pub that would be perfect for these arms of business.
The business is currently operated by a manager and the staff. This would be a fantastic opportunity for a husband and wife team with experience in the trade; looking for a hands-on opportunity.
This is an outstanding business and Hilton Smythe highly advise early viewing in order to take in the full potential of this business.
The business is run and managed by our client with the help of 8 members of staff.
Monday- Sunday: Pub 10:30am – Close & Food 12pm – 9pm
The guest rooms are open when required.
The Railway Hotel is in Haydon Bridge, Hexham, Northumberland.
The pub is in the heart of the historic village of Haydon Bridge, the pub ideally overlooks the River Tyne; making this the perfect idyllic place for a quick getaway. There is a village feel that allows this to be a relaxing, laid back place, to eat, sleep and drink.
The area is filled with a plethora of things to do such as visiting Hadrian’s Wall, country walks in the North Pennines and visiting the bustling city centre of Newcastle. This is an unmissable village for tourists with its beautiful scenic views and welcoming village. There are several independent stores in the village such as restaurants, convenience stores, butchers and a pharmacy.
The area is great for commuting, just a short walk from the pub is the Haydon Bridge train station. The station has regular daily routes into Newcastle, Carlisle, Glasgow and Whitehaven. There are also many bus stops dotted around the village.
The village is situated between Newcastle and Carlisle. They are both a short drive away using the A69. Carlisle is just a short 44-minute drive and Newcastle is also just a short 30-minute drive away.
This is a substantial sized premise. The property is complete to a high standard and looks attractive. There are benches at the front of the property which are well-used in the summer months. The external of the property is complete with hanging baskets.
On entrance is the main bar area, this is modern and looks fresh. The whole premise has been recently refurbished. The bar and restaurant area have seating for up to 36 covers. The bar which is across the back of the room is bespoke and has 9 points of dispense.
To the left there is a corridor that leads to the commercial kitchen, office and storeroom. Through here there is also access to the holiday let flat.
To the right of the bar are the male and female toilets and access to the first-floor owner’s accommodation.
Stairs lead to the first floor of the hotel accommodation.
The hotel accommodation comprises of 5 rooms. Four doubles and a twin. All rooms are en-suite with shower and toilet facilities. The rooms are spacious and well-presented. They are bright and airy due to the large windows.
The owner’s accommodation has a living room, bathroom, kitchen and a double bedroom.
All equipment included in the sale is as follows-
- All bedroom furniture and fittings.
- Tables.
- Chairs and stools in the bar.
- Display fridges.
- Bottle fridges.
- Cellar equipment.
- Coffee machine.
- Ovens.
- Griddle.
- Hot plate.
- Dishwasher.
- Microwaves.
- Toaster.
- Panini maker.
- General utensils.
- Pots & pans.
- Crockery and cutlery.
To the rear is a stone built shed which could ideally be transformed into a letting accommodation for cyclists, walkers or pet owners. A shared car park is to the rear.
Tenure
We are advised the business is Freehold.
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