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Hotel/guest house for sale

£55,000

Durham Tees Valley Airport, Darlington DL2

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and popular hotel, bar and restaurant business, set within an ideal trading location in Darlington, County Durham. The business was established in 1995 and has been in our clients careful ownership since 2008. Only now is the business being offered to the market due to our clients desire for a well-deserved retirement.

The business operates all year round and generates a turnover in the region of £200,000 per annum, with a good gross profit. The business offers 19 immaculate single, double/twin and family en-suite bedrooms, each with a bath and shower, colour TV, direct dial telephone, hair dryer and tea/coffee making facilities, with staff on hand 24 hours a day.

The hotel also offers function room facilities. The function room has a capacity for up to 150 persons, with its own bar. The Reunion Bar offers a capacity of 50, again with its own bar facilities.

The restaurants offer a wide variety of menus, including their famous 4 meat carvery on a Sunday, the restaurant is open lunchtime and evening, 7 days per week. The business has built up an enviable reputation for the high quality of the rooms and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth referrals.

We feel there is scope to increase the turnover by offering outside catering, as well as embarking on a marketing campaign to highlight the business and the services offered. The business already has an excellent website in place to promote the business, which is very informative and user friendly, as well as offering online booking facilities at .

This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
The Spa Hotel occupies substantial two storey premises, ideally located just 500 yards from Durham Tees Valley International Airport within Middleton St George, Darlington, County Durham. The property benefits from exceptional views of the airport, runways and the flying club, as well as a large car park for approximately 50 vehicles.

Darlington is a market town in the North East of England and as of the 2011 census, the town had a residential population of 106,000. The town lies on the small River Skerne, a tributary of the River Tees. The hotel is just a few minutes drive from the Teeside Retail and Leisure Complex, which boasts a multi-screen cinema, bars, night clubs and eateries.

The area of the business is well served by the railway system, with the Teeside Airport railway station being just 10 minutes walk away from the property. The area is also well served by a-roads, with the a-67 being just a two minute drive away, which links to the national a-road and motorway networks. Darlington town centre is approximately 6 miles away and Middlesbrough is 11 miles away.
Premises
Two storey detached premises, briefly comprising:

Ground floor:

Reception area.

Bar area with access to all rooms.

Ladies, gents and disabled WCs.

Dining/function room with approximately 150 covers, small bar area and carvery unit.

Fully equipped commercial kitchen.

2 x internal boiler rooms.

Utility room.

First floor:

19 x en-suite guest rooms - 2 x single and 17 twin/double or family rooms.

Equipment included in sale:

All kitchen equipment including all pots, pans, crockery and cutlery.

Bar fixtures and fittings.

Bedding, quilts, pillow etc.

TVs in all rooms.

All dining room equipment.

Carvery unit.

External with:

CCTV internally and externally.

Key fob entry.

Tenure
We are advised Leasehold:

Original lease length: 10 years

Remaining lease length: 10 years

Rent: £2,800 per month
hours
The business is open all year round.

Staff
The business is owner run and managed with 1 x full time and 3 x part time staff members.

Financial profile
The business generates a turnover in the region of £200,000 per annum, with a good gross profit.

What Zoopla users think of Durham Tees Valley Airport

Overall rating:

  • currently 4 stars
Very good - 77%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Durham Tees Valley Airport:

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Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Teesside Airport (0.3 miles)
  • Dinsdale (1.4 miles)
  • Allens West (2.8 miles)
  • Durham Tees Valley Airport (0.4 miles)
  • Newcastle Airport (37.7 miles)
  • Leeds Bradford International Airport (45.8 miles)
  • Transporter Bridge South Side (9.4 miles)
  • Transporter Bridge North Side (9.5 miles)
  • Newcastle International Ferry Terminal (33.1 miles)

Nearby schools

View all schools in Darlington
  • St. George's Church of England Academy (1.6 miles)
  • St Mary's Church of England Aided Primary School, Long Newton (2.0 miles)
  • Durham Lane Primary School (2.8 miles)
  • Darlington College (4.6 miles)
  • Queen Elizabeth Sixth Form College (5.4 miles)
  • Stockton Riverside College (6.2 miles)
  • Egglescliffe School (2.9 miles)
  • Yarm School (3.2 miles)
  • Conyers School (3.5 miles)
Note: Distances are straight line measurements

Local info for Darlington

About the neighbours in DL2

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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