For Sale
HISTORIC YORKSHIRE DALES COACHING INN Picture Postcard Honeypot Location Eleven Ensuite Bedrooms, Restaurant And Three Bars Colossal Tourist Visitor Count Huge Potential For Growth Priced Well Below Market Value For Quick Sale Same Owner For Last 25 Years Annual turnover £294,036 Exc VAT REF 590611. EPC Band C. Business and Property £550,000 North Yorkshire
£550,000
ID:
590611
Listed:
13/07/2024
Tenure:
Freehold
Details
HISTORIC YORKSHIRE DALES COACHING INN in North Yorkshire for Sale.
Charming, picture postcard, eleven bedroom hotel, restaurant and bars in the heart of Wensleydale. A perfect stopping place, central to the visitor tourist spots of Hawes and Aysgarth Falls. A Grade II Listed historic coaching inn, parts of which date back to 1445. A truly stunning, picturesque location overlooking the pristine village green and standing highly prominent at a crossroads branching out to Hawes in one direction and Aysgarth to the other. The pub is the only watering hole in the village and is well patronised by local pool and darts teams, as well as by the many tourists that visit and stay in this area of natural beauty. The hotels welcoming atmosphere and close proximity to the famous waterfalls at Aysgarth attracts a steady stream of customers all year around.
THE PROPERTY - Prominent and imposing, detached coaching house of traditional construction under a natural stone slate roof. Large, newly tarmacked car park to the rear. Lots of outdoor seating on the front forecourt, grass bank (overlooking the village green) and to the rear of the property.
INTERNAL DETAILS - Main entrance to wood panelled reception hall, with stone flagged floors and original beamed ceilings. Three interlinked bar areas comprise the traditional snug, the hotel bar next to the reception, and the main bar which is predominantly used by locals with its pool table, darts board, gaming machine, flat screen TV and wood burning hearth. The hotel restaurant is known as The Dales Room Restaurant and has a spacious formal dining room capable of seating 80 customers. Cozy residents lounge provides a peaceful area for reading. Ancillary areas include a large kitchen, comprehensively equipped with commercial quality catering equipment and high capacity extraction system, several store rooms, pot wash area and laundry room. Managers office, bottle store and ladies and gents WCs. A trap door behind the snug bar leads to the beer cellar which has a traditional external barrel drop for draymen. First floor hotel accommodation comprises eleven ensuite bedrooms of varying sizes including doubles, twins and family rooms, three come with four poster beds. The guest rooms can currently accommodate up to 26 guests. The majority of guest rooms have views over the village green. There are an additional two bedrooms with a connecting bathroom suite that are used to accommodate members of staff, but this could be easily converted to provide owners accommodation, or converted into additional guest letting rooms.
THE OPPORTUNITY - The business offers a colossal opportunity for energetic and ambitious, hands-on operators to take ownership of a high profile establishment with centuries of history, set in one of the most picturesque and idyllic villages in North Yorkshire. The hotel is a sleeping giant, being run on a very low-key basis to suit the retired owners personal lifestyle. There are significant opportunities to promote the hotel rooms and restaurant more aggressively, use social media and take this establishment to a whole new level of public awareness. Small weddings and other special occasions could be catered for. This historic Yorkshire Dales hospitality venue comes at a substantially reduced price in order to facilitate a quick sale and retirement for its owner of 25 years. It also represents tremendous value for money when compared to the high average value of all property in this exclusive and beautiful area.
TRADING INFORMATION - The trade split is approximately 45% wet sales, 23% food sales and 32% room income. Sales turnover is steady at circa £300,000 (ex VAT) per annum. Predominantly staff run, new owners could absorb some of the £75,000 in staff wage costs, adding additional net profits. For a large property the overheads are low, with a rateable value of just £8,300 per annum and favourably negotiated energy supply contracts. The pub is free of any tie to breweries
Charming, picture postcard, eleven bedroom hotel, restaurant and bars in the heart of Wensleydale. A perfect stopping place, central to the visitor tourist spots of Hawes and Aysgarth Falls. A Grade II Listed historic coaching inn, parts of which date back to 1445. A truly stunning, picturesque location overlooking the pristine village green and standing highly prominent at a crossroads branching out to Hawes in one direction and Aysgarth to the other. The pub is the only watering hole in the village and is well patronised by local pool and darts teams, as well as by the many tourists that visit and stay in this area of natural beauty. The hotels welcoming atmosphere and close proximity to the famous waterfalls at Aysgarth attracts a steady stream of customers all year around.
THE PROPERTY - Prominent and imposing, detached coaching house of traditional construction under a natural stone slate roof. Large, newly tarmacked car park to the rear. Lots of outdoor seating on the front forecourt, grass bank (overlooking the village green) and to the rear of the property.
INTERNAL DETAILS - Main entrance to wood panelled reception hall, with stone flagged floors and original beamed ceilings. Three interlinked bar areas comprise the traditional snug, the hotel bar next to the reception, and the main bar which is predominantly used by locals with its pool table, darts board, gaming machine, flat screen TV and wood burning hearth. The hotel restaurant is known as The Dales Room Restaurant and has a spacious formal dining room capable of seating 80 customers. Cozy residents lounge provides a peaceful area for reading. Ancillary areas include a large kitchen, comprehensively equipped with commercial quality catering equipment and high capacity extraction system, several store rooms, pot wash area and laundry room. Managers office, bottle store and ladies and gents WCs. A trap door behind the snug bar leads to the beer cellar which has a traditional external barrel drop for draymen. First floor hotel accommodation comprises eleven ensuite bedrooms of varying sizes including doubles, twins and family rooms, three come with four poster beds. The guest rooms can currently accommodate up to 26 guests. The majority of guest rooms have views over the village green. There are an additional two bedrooms with a connecting bathroom suite that are used to accommodate members of staff, but this could be easily converted to provide owners accommodation, or converted into additional guest letting rooms.
THE OPPORTUNITY - The business offers a colossal opportunity for energetic and ambitious, hands-on operators to take ownership of a high profile establishment with centuries of history, set in one of the most picturesque and idyllic villages in North Yorkshire. The hotel is a sleeping giant, being run on a very low-key basis to suit the retired owners personal lifestyle. There are significant opportunities to promote the hotel rooms and restaurant more aggressively, use social media and take this establishment to a whole new level of public awareness. Small weddings and other special occasions could be catered for. This historic Yorkshire Dales hospitality venue comes at a substantially reduced price in order to facilitate a quick sale and retirement for its owner of 25 years. It also represents tremendous value for money when compared to the high average value of all property in this exclusive and beautiful area.
TRADING INFORMATION - The trade split is approximately 45% wet sales, 23% food sales and 32% room income. Sales turnover is steady at circa £300,000 (ex VAT) per annum. Predominantly staff run, new owners could absorb some of the £75,000 in staff wage costs, adding additional net profits. For a large property the overheads are low, with a rateable value of just £8,300 per annum and favourably negotiated energy supply contracts. The pub is free of any tie to breweries
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