Country Inn And Restaurant In Northumberland | | Cheswick Northumberland | | Inn and Restaurant Cheswick, Northumberland. T/O: £250,000 GP: 40%. Prime roadside location. Local and tourist trade. Scope to increase turnover. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 52638
ADVERT IMPRESSIONS : 15,779 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £39,950 | ANNUAL RENT: | £20000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Cat Inn is ideally located directly on the Great North Road, the A1, on the outskirts of Cheswick. These lovely premises are set in a beautiful rural location which is approximately 5 miles from the coast and sandy beaches and less than 5 miles south of Berwick-upon-Tweed along the A1. The Northumberland National Park is approximately 15 miles away, Edinburgh is about 60 miles to the north and Junction 15 of the A74 (M) is roughly 85 miles west.
Business History
Preferred Commercial is delighted to offer for sale this popular and well-respected country inn and restaurant, which has been in our client's hands since 2009 and is now offered for sale due to family commitments. The Cat Inn is on a busy A road in a monopoly position and able to offer food and accommodation services to local residents, travellers and tourists. The premises have recently been refurbished with a new heating system including radiators, new cooling system to the cellar, the kitchen re-wired, new laundry and toilet facilities and re-decoration. There are also new televisions, chairs, blinds, cutlery and crockery. The business has a very busy restaurant serving fresh, local produce, with Sunday lunch being a core part of the trade, and the overnight accommodation is often fully occupied. As the Cat Inn is in a prime trading position we feel the business could be further expanded by extending the food trading hours to include breakfast and dinner. Plans are already in place to convert 2 outhouses into self-catering accommodation which would further increase turnover and there is the option for the new owner to also turn the old stable house into self-catering accommodation. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £250,000 approx.
GP: 40%
Opening Hours
To be advised
Accommodation Details
Detached inn and restaurant in prominent rural location with separate owner's accommodation, garden and private car parking. Briefly comprising:
Ground Floor
• Bar area with comfortable seating, tables and chairs, fireplace with open fire, television, serving area with 10 pumps, bottle display fridges, wall optic dispensers, wine racks, cash register
• Dining room with tables and chairs for 34 covers, new blinds, serving counter, electric fire.
• Ladies and Gentlemen's WC
• Kitchen with 6 ring gas burner, double grill, 4 x microwave ovens, 2 x refrigerators, fryer, double sink, dishwasher, washing machine
• Utility room with washing machine and tumble dryer.
• Owner's accommodation with lounge with sofa, table and chairs, desk, shelving and storage
• Double bedroom with double bed, wardrobes, drawers
• Bathroom with WC wash basin and walk-in shower.
Lower Ground Floor
Cellar with beer kegs and equipment, ice maker, shelving.
First Floor
• Room 1. Family room with television, chairs, wardrobes and en-suite with walk-in double shower, wash basin and WC
• Room 2. Twin room with television, chairs, wardrobes, new carpet and en-suite with walk-in shower, wash basin and WC.
• Room 3. Twin room with television, chairs, wardrobes, and en-suite with walk-in shower, wash basin and WC
• Room 4. Double room with sofa, television, chairs, wardrobes, and en-suite with walk-in shower, wash basin and WC
• Room 5. Twin room with television, chairs, wardrobes, and en-suite with walk-in shower, wash basin and WC
• Room 6. Family room with television, chairs, wardrobes and en-suite with walk-in shower wash basin and WC
• Room 7. Twin room, newly decorated, with television, chairs, wardrobes and en-suite with walk-in shower wash basin and WC.
External
• Garden area with 4 picnic tables, new lighting and signs.
• Large, private car park
• 3 outhouses.
Tenure
Leasehold
Original length: 10 years
Remaining: 9 years
Review: 5 years
Rent: £20,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1934 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
