Property photos
Just added
Business
£12,000
(£12,000.00/sq. ft)
Pub/bar for sale
Alwinton NE651 sq. ft
Local area information
Property location
Nearby amenities
- Harbottle Church of England First School 1.3 miles
- Thropton Village First School 7.3 miles
- Tower Knowe Ferry Landing 18.3 miles
- Belvedere Ferry Landing 18.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Nil Premium Leasehold
- £12,000 per annum rent
- Northumberland National Park
- Historic coaching inn
- Two trade areas
- Recently refurbished
- Stunning views
- Net turnover in excess of £300,000
Location:
Alwinton lies at the head of the Coquet Valley, on the edge of both the Otterburn Army Training Estate and Northumberland National Park. The village is roughly 10 miles from the border with Scotland and about 18 miles to the west of Alnwick.
The beautiful countryside which encircles the small village of Alwinton does not fail to impress.
A former coaching inn, the historic Rose and Thistle is located at the intersection of several ancient drovers’ roads linking England and Scotland. Several centuries ago, during a long period of unrest between the two countries, these lands were fought over and raided by families of outlaws known as the Border Reivers. The great adventure writer, Sir Walter Scott, stayed at the Rose and Thistle Inn in 1817 while he penned his masterpiece, Rob Roy.
The Property:
The pub has been recently refurbished to high standard and its enviable position at the foothills of the Cheviots make it an ideal base from which intrepid walkers and cyclists can explore the beautiful National Park.
The premises comprise the following:
Trade Areas:
Access from the rear of the building into main bar area. This large, open plan dining space has wonderful views and is decorated to a modern standard, in a style that is sympathetic to the age of the building. The room has wonderful views of the valley and a feature fireplace with log burner. This is a truly welcoming space to visit to enjoy a good meal and a drink.
Located at the front of the inn is a cosy trade area with its own servery, pool table and seating. This space is particularly popular with the locals.
Ladies’ and gentlemen's toilets are located between the two trade areas.
The trade kitchen has a range of stainless steel tables and commercial equipment. The utility room has a stainless steel sink and drainer and a commercial dishwasher.
External:
The property is directly on the road and whilst there is no private parking, there is an abundance of free parking in the village (within 15 metres of the property). The spacious, south-facing rear garden has views towards the Cheviots and seating for 70.
Licence:
A Premises Licence is held.
Services:
Mains electricity and water are connected. Oil fired central heating and hot water.
Rateable Value: £7,700.
Local Authority: Northumberland County Council.
Fully refurbished by the current generation, this fabulous property has gone from strength to strength, being a popular stop-off for many ramblers and cyclists visiting the area. It is supported by regular diners from the adjoining B&B and a freeholder who is passionate about keeping the inn thriving. The business has a net turnover in excess of £300,000 and excellent net profits.
This is a rare opportunity for an experienced operator to take over a successful business set in an historic building in a beautiful part of the world.
Leasehold nil premium to include goodwill. Stock at valuation in addition.
The Landlord has asked that the purchaser contributes towards the associated costs of preparing the lease and the marketing of the property (£7,200 inc VAT).
Please note that the adjacent B&B is also available to lease and the combined rent for the pub and the B&B would be £42,000 per annum.
Leasehold: Nil Premium to include goodwill. Stock at valuation in addition.
Term: Six years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord’s consent.
Bond: A bond equivalent to three months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company.
Rent: £12,000 per annum.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Part repairing and insuring lease. This is not a full repairing and insuring lease with the Landlord retaining responsibility for the structure of the building. The Tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Fixtures & fittings: Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
Tie: Free of all trade ties.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on the rental payments.
Alwinton lies at the head of the Coquet Valley, on the edge of both the Otterburn Army Training Estate and Northumberland National Park. The village is roughly 10 miles from the border with Scotland and about 18 miles to the west of Alnwick.
The beautiful countryside which encircles the small village of Alwinton does not fail to impress.
A former coaching inn, the historic Rose and Thistle is located at the intersection of several ancient drovers’ roads linking England and Scotland. Several centuries ago, during a long period of unrest between the two countries, these lands were fought over and raided by families of outlaws known as the Border Reivers. The great adventure writer, Sir Walter Scott, stayed at the Rose and Thistle Inn in 1817 while he penned his masterpiece, Rob Roy.
The Property:
The pub has been recently refurbished to high standard and its enviable position at the foothills of the Cheviots make it an ideal base from which intrepid walkers and cyclists can explore the beautiful National Park.
The premises comprise the following:
Trade Areas:
Access from the rear of the building into main bar area. This large, open plan dining space has wonderful views and is decorated to a modern standard, in a style that is sympathetic to the age of the building. The room has wonderful views of the valley and a feature fireplace with log burner. This is a truly welcoming space to visit to enjoy a good meal and a drink.
Located at the front of the inn is a cosy trade area with its own servery, pool table and seating. This space is particularly popular with the locals.
Ladies’ and gentlemen's toilets are located between the two trade areas.
The trade kitchen has a range of stainless steel tables and commercial equipment. The utility room has a stainless steel sink and drainer and a commercial dishwasher.
External:
The property is directly on the road and whilst there is no private parking, there is an abundance of free parking in the village (within 15 metres of the property). The spacious, south-facing rear garden has views towards the Cheviots and seating for 70.
Licence:
A Premises Licence is held.
Services:
Mains electricity and water are connected. Oil fired central heating and hot water.
Rateable Value: £7,700.
Local Authority: Northumberland County Council.
Fully refurbished by the current generation, this fabulous property has gone from strength to strength, being a popular stop-off for many ramblers and cyclists visiting the area. It is supported by regular diners from the adjoining B&B and a freeholder who is passionate about keeping the inn thriving. The business has a net turnover in excess of £300,000 and excellent net profits.
This is a rare opportunity for an experienced operator to take over a successful business set in an historic building in a beautiful part of the world.
Leasehold nil premium to include goodwill. Stock at valuation in addition.
The Landlord has asked that the purchaser contributes towards the associated costs of preparing the lease and the marketing of the property (£7,200 inc VAT).
Please note that the adjacent B&B is also available to lease and the combined rent for the pub and the B&B would be £42,000 per annum.
Leasehold: Nil Premium to include goodwill. Stock at valuation in addition.
Term: Six years.
Landlord & tenant act 1954: Inside Part II Landlord & Tenant Act 1954.
Assignability: Fully assignable subject to Landlord’s consent.
Bond: A bond equivalent to three months’ rent in advance plus personal guarantors if the lease is taken as a Limited Company.
Rent: £12,000 per annum.
Rent review: Subject to rent reviews every third year of the term.
Repair liability: Part repairing and insuring lease. This is not a full repairing and insuring lease with the Landlord retaining responsibility for the structure of the building. The Tenant will be responsible for internal maintenance, repair and decoration as well as the decorative condition of the exterior of the property.
Fixtures & fittings: Will be retained by the Landlord. The Tenant will be responsible for their repair, maintenance and replacement (when beyond repair).
Tie: Free of all trade ties.
Insurance: The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent.
VAT: VAT will be payable on the rental payments.
More information
Listed by
Sidney Phillips
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