Established 1988
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Durham
0191 383 9999
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BED & BREAKFAST BUSINESS FOR SALE (INCLUDING FREEHOLD)
BED & BREAKFAST BUSINESS FOR SALE (INCLUDING FREEHOLD)
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B&B FOR SALE - Hill Rise Guest House, 13 Durham Road West , Bowburn

Freehold £260,000

Property Details

On Market Bradley Hall Durham T 0191 383 9999

OUTLOOK
Hillrise Guest House has been trading since the 1970's and has enjoyed a good reputation. The present owners are retiring and are looking to sell this successful business which has steadily grown over the years. Its location, close to junction 61 of the A1(M) and on the main A177 into Durham City makes it an ideal place for both guests visiting the area and as a stop-over travellers using the motorway.

Many of the week day guests are on business in the area and at the weekend is leisure guests. The historic city of Durham attracts a large number of visitors and the increasingly common practice of employing contract workers has meant that work related stays are bringing more and more repeat business. With the expansion of some of the local attractions and the predicted increase in Tourism combined with a new construction project being built to the south west of Bowburn the outlook for continued prosperity of the Guest house is excellent making this a highly desirable purchase.

ACCOMMODATION
GF Bedroom 1         4.23m x 4.07m
GF Bedroom 2         3.33m x 4.56m (Ensuite)
Kitchen                   2.40m x 4.46m
Lounge                    4.19m x 3.69m
Garage/Store           3.34m x 3.88m
Laundry                   2.60m x 6.40m
Breakfast Lounge     3.69m x 7.04m
FF Bedroom 3          3.70m x 4.56m (Ensuite)
FF Bedroom 4          4.20m x 4.20m (Ensuite)
FF Bedroom 5          4.56m x 4.33m (Ensuite 3 Beds)
FF Bedroom 6          1.88m x 2.58m
FF Bedroom 7          2.10m x 3.19m

ENERGY PERFORMANCE CERTIFICATE
EPC Rating – E49

ACCOUNTS
Previous 3 years audited accounts are available with an average turnover of £37,000 per annum and profit in excess of £20,000 year on year.

RATEABLE VALUE
The premises have a Rateable Value of £5,600 and is exempt from business rates at present. Further enquiries should be made with the Local Rating Authority. Council Tax is Band A - £1,166.17 per annum in 2017.

LEGAL COSTS
Each party to bear their own legal costs incurred in the transaction.

VIEWING
To arrange a viewing please contact sole agents Bradley Hall Chartered Surveyors.
Tel: 0191 383 9999
Email: joseph.ianson@bradleyhall.co.uk

Floor Plans

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