Coquetvale Hotel Rothbury, Northumberland. Offers around 360,000 - Freehold CONTACT US. A popular country market town hotel and restaurant
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1 Coquetvale Hotel Rothbury, Northumberland CONTACT US A popular country market town hotel and restaurant Superb central Northumberland position ideal for walking, touring, cycling, fishing and golf 14 good class letting bedrooms and attractive restaurant Turnover around 420,000 net of VAT Viewing is strictly by prior appointment with Colliers International through: Peter Bean Hotels peter.bean@colliers.com Property Ref: Offers around 360,000 - Freehold Colliers International 1 Broad Gate The Headrow Leeds LS1 8EQ
2 Station Road, Rothbury, Northumberland, NE65 7QJ The Coquetvale is a popular country market town hotel and restaurant with delightful bar and dining facilities complemented by a range of attractive, good size, individually designed letting bedrooms. In addition the hotel has good accommodation for staff and a two bedroom flat for owners who can enjoy living and working in this lovely town surrounded by glorious countryside. Situated on the edge of the Northumberland National Park in the centre of Northumberland, Rothbury is a tremendously appealing town and serves as a superb base for those exploring the region. The countryside is marvellous for walking, touring, fishing, cycling and golf, National Trust Cragside is on the doorstep, and there are wonderful places to visit in all directions including Kielder Water, Hexham, Bamburgh Castle, Holy Island, Alnwick Castle, Morpeth and Newcastle. The current owner acquired the Coquetvale Hotel in 2007 and has successfully built the business whilst reinvesting in the facilities. Buyers now have an opportunity to acquire the main hotel and restaurant in the town with all set fair for future trading success. THE PROPERTY The Coquetvale is an imposing property of traditional detached construction in stone under pitched slate roofs and has accommodation arranged on ground and three upper floors. PUBLIC AREAS Hotel entrance from the front leading into the hall with open staircase. Through to the reception with counter and reception office. The open staircase leads to the first floor bar and restaurant areas which also have their own separate external entrance. The delightful open plan facilities comprise a bar lounge with wood burning stove, feature central bar counter, lounge seating and around 16 dining covers, and a lovely restaurant usually laid for 46. Through to the rear is an attractive panelled dining room for around 30, ideal for breakfasts, private dining and civil marriage ceremonies. Separate panelled lounge. LETTING BEDROOMS 14 letting bedrooms to sleep 29 (13 double and 1 family). All have en suite facilities, 4 with shower room/wc and 10 with bathroom/wc of which 4 have separate shower cubicle in addition. Most bedrooms have traditional stag furniture, central heating, flat screen television with integrated DVD player, and hospitality tray and there is also free WiFi throughout. OWNER'S FLAT Owners have the benefit of a ground floor flat with spacious lounge, double bedroom, single bedroom, small lobby kitchen area (for microwave, fridge and kettle) and bathroom with bath, wc and shower over the bath. STAFF ACCOMMODATION Private ground floor staff area with inner hallway, two double bedrooms and shared bathroom with bath, wc and shower over the bath. SERVICE AREAS Large commercial catering kitchen with cooking and wash-up areas, refrigeration area with walk-in refrigerator, dry store, laundry room, staff wc, stores and ground floor beer cellar. OUTSIDE Restaurant dining terrace with 24 covers, lawned garden and front parking. Front and side access to neighbouring residential properties. SERVICES Northumberland County Council - Tel: Mains gas, electricity, water and drainage. Gas fired central heating. LICENCES Premises Licence and Civil Marriage Licence
3 Station Road, Rothbury, Northumberland, NE65 7QJ WEBSITE & PHOTOGRAPHS TripAdvisor Certificate of Excellence 2013 Some photographs are from the owner's hotel photo library. TRADE Accounts for the year ended 31 March 2012 show 61,099 trading profits on turnover 456,610 net of VAT. Trade is an attractive mix of letting bedroom and restaurant business and, for the year to March 2013, the owner s management sales information shows net turnover around 420,000 split approximately as follows: Accommodation 173,000 Food 170,000 Drink 77,000 PRICE Offers around 360,000 for the freehold complete with goodwill and trade contents (according to inventory), but excluding personals items. Stock at valuation. MILEAGES AND DIRECTIONS Alnwick about 12 miles, Morpeth 19, Bamburgh 28, Kielder Water 35, Newcastle 35, Hexham 39, Edinburgh 98 and London 318. From the centre of Rothbury follow the B6342 along Bridge Street and after crossing the river turn left onto Station Road where the Coquetvale Hotel will be found on the right hand side. FINANCE Colliers International is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved. TO VIEW All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.
4 Station Road, Rothbury, Northumberland, NE65 7QJ Misrepresentation Act: Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. July 2013 Colliers International is the licensed trading name of Colliers International Property Advisors UK LLP which is a limited liability partnership registered in England & Wales with registered number OC Our registered office is at 50 George Street, London W1U 7GA.
5 Energy Performance Certificate Non-Domestic Building Coquet Vale Hotel Rothbury MORPETH NE65 7QH Certificate Reference Number: This certificate shows the energy rating of this building. It indicates the energy efficiency of the building fabric and the heating, ventilation, cooling and lighting systems. The rating is compared to two benchmarks for this type of building: one appropriate for new buildings and one appropriate for existing buildings. There is more advice on how to interpret this information on the Government's website Energy Performance Asset Rating Technical Information Main heating fuel: Natural Gas Building environment: Heating and Natural Ventilation Total useful floor area (m 2 ): 907 Building complexity (NOS level): 3 Building emission rate (kgco 2 /m 2 ): Benchmarks Buildings similar to this one could have ratings as follows: If newly built If typical of the existing stock Green Deal Information The Green Deal will be available from later this year. To find out more about how the Green Deal can make your property cheaper to run, please call
6 Administrative Information This is an Energy Performance Certificate as defined in SI 2007:991 as amended. Assessment Software: isbem v4.1.d using calculation engine SBEM v4.1.d.0 Property Reference: Assessor Name: Assessor Number: Accreditation Scheme: Employer/Trading Name: Employer/Trading Address: "Andrew Martin Harrington" EES/ Elmhurst Energy Systems Alnwick Properties 53 Greensfield Avenue, Alnwick, Northumberland, NE66 1BE Issue Date: 09 Jan 2013 Valid Until: Related Party Disclosure: 08 Jan 2023 (unless superseded by a later certificate) Not related to the owner. Recommendations for improving the property are contained in Report Reference Number: If you have a complaint or wish to confirm that the certificate is genuine Details of the assessor and the relevant accreditation scheme are on the certificate. You can get contact details of the accreditation scheme from the Department's website at together with details of the procedures for confirming authenticity of a certificate and for making a complaint. Opportunity to benefit from a Green Deal on this property The Green Deal can help you cut your energy bills by making energy efficiency improvements at no upfront costs. Use the Green Deal to find trusted advisors who will come to your property, recommend measures that are right for you and help you access a range of accredited installers. Responsibility for repayments stays with the property whoever pays the energy bills benefits so they are responsible for the payments. To find out how you could use Green Deal finance to improve your property please call
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