| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 14,645 TIME(S)
BUSINESS REFERENCE : AD06 / RightBiz 16TH CENTURY INN ON BANKS OF THE RIVER TEES 35 ENSUITE LETTING ROOMS | | | | | | The George Hotel is a sleeping giant. This 16th Century Inn on the banks of the river Tees has 35 ensuite bedrooms along with bars, ballroom and extensive gardens. | | | BUSINESS LOCATION: | Darlington County Durham UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Motels & Hotels | | SELLER: | Agent Sale | LEASEHOLD: | £60000 | | | | | | | | | | | BUSINESS DETAILS: | VIEWING
By arrangement with our office. Direct contact should not be made, especially if carrying out a discreet visit.
LOCATION
Leave the A1M at J56 and follow the B6275 north to Piercebridge approx 5 miles. On entering Piercebridge turn right along the riverside to The George.
DESCRIPTION
The Ground Floor briefly consists of Main Bar with open fire and traditional furnishing, Lounge bar with open fire and leather settees and chairs, Secondry bar with open fire and wooden furniture. Snug / private lounge with open fire. Two Function Rooms and large Ballroom with own bar. Additionally Full toilet facilities, office, catering kitchen and cellars are provided.
HOTEL BEDROOMS
Over 2 floors in two wings and annex are spread 35 ensuite letting bedrooms.
TRADE
The George has historically been a sought after venue for Weddings and other formal occassions for many years. It's close proximity to the A1 makes it an ideal venue for conferences and business meetings.
The new owners intend to invest a considerable sum into the building to restore it to its former glory and are looking for a like minded hotelier to take this project forward with them.
ACCOMODATION
Managers accomodation is available along with staff accomodation. Exact layout to be determined as part of the redevelopment.
EXTERIOR
The Hotel extends along the banks of the river Tees and has extensive gardens, patio terrace and a large car park.
TENURE
This property is offered as a new nil premium lease. The landlord Tadcaster Pub Co. will be seeking a final rent of circa £2400 per week. A period of nil rent followed by step rents and type of drinks tie are all currently subject to negotiation.
SERVICES
We are advised that the property benefits from all main services.
LICENCES
A Premises Licence and Wedding Licence are in place.
RATES
Ratable value is £40,250 we are advised rates payable are £17,428. | | | | | BUSINESS STATUS: | FOR SALE | | | | | CONTACT: | DAVIDSONS BTA LTD | | TELEPHONE: | 01943 463494 | | REFERENCE: | AD06 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
