Status: Completed
Tenure: Freehold
Turnover: £95,000
Guest House/Bed and Breakfast in HartlepoolGuest House/Bed and Breakfast in HartlepoolGuest House/Bed and Breakfast in HartlepoolGuest House/Bed and Breakfast in HartlepoolGuest House/Bed and Breakfast in Hartlepool
£499,950 + SAV

Guest House/Bed and Breakfast in Hartlepool

Completed
  • Reference: 1901
  • Location: Hartlepool, County Durham
Hilton Smythe is delighted to introduce to the market The Norton. This thriving business has been under the loving care of our clients, a successful husband and wife team for some fourteen years. The business is reluctantly offered for sale as our clients look towards a well deserved retirement.

The Norton is very well maintained throughout with a lovely relaxed friendly atmosphere. The business offers 23 comfortable guest rooms at very reasonable rates, with most rooms affording fantastic sea views. The hearty home cooked breakfasts are served in the delightful dining room with the option of evening meals also available.

The business derives its main income from a loyal customer base of contractors working at the local power station and chemical works, which is further enhanced by the honey pot of holiday makers throughout the summer months. The Norton boasts a 90% occupancy rate.

The hotel will also take great benefit from the new regeneration scheme for Seaton Carew, by Harlepool Council who have already appointed a large construction company as its preferred developer to work with it on the long-term project which includes proposals for new housing, improvements to the community facilities and major regeneration of the main seafront area, including leisure attractions and a shopping business park. Therefore we believe the long term future of The Norton seems very secure, with the steady influx of contractors looking for long term accommodation.

TENURE

We are advised freehold.

HOURS

The Norton is open all year around apart from Christmas Day and New Years Day.

STAFF

The business is run by a husband and wife team with the assistance of a part time Chambermaid.

FINANCIAL PROFILE

The business reports a healthy turnover of circa £90,000 - £100,000 per annum.
The Norton is situated in the bustling seaside resort of Seaton Carew. The town is situated on the North sea coast between the town of Hartlepool and the mouth of the River Tees.

The business occupies a prominent position on the corner of a beautiful green offering stunning sea views.

The hotel is a fantastic base for exploring the region, close to all major attractions including a fabulous beach only a 100m from the hotel, with easy access to the 500 birth marina, via a splendid promenade which cyclist can also enjoy. The southern area of the beach lends to protected dunes, which are adjoined by Seaton Carew Golf Club, one of the first 50 Golf courses built in the world. Nature lovers can visit Seal Sands, home to a large colony of Grey Seals, and hundreds of species of migratory birds. Hartlepool town centre is only a 5 minute drive away with its abundance of shops, eateries and public houses.

The resort is easily accessible by road via the A689 and A179 and the A1 motorway just a short drive away. Hartlepool is also served by its own railway station.
This prominent double fronted three storey premise briefly comprises:-

Ground Floor
Entrance vestibule/hallway with guest reception desk.

Owner's private accommodation briefly comprising lounge, shower room, toilet facilities, cloakroom and double bedroom with ensuite.

Spacious dining room with feature ceiling and laid out for 27 covers, stylishly dressed bay window with window seat offering superb sea views.

Comfortable residence lounge.

Large commercial grade kitchen with range of wall/base units with stainless steel worktops and partial stainless steel wall cladding, 6 ring commercial gas oven, deep fat fryer, 3 pot Bain Marie, eye level grill, microwave, toaster, utility area, 3 fridges, 3 freezers, commercial washer and dryer and rotary iron.

Single guest bedroom and 1 twin guest room both ensuite.
First floor
1 family room - ensuite
1 double bedroom - ensuite
2 single bedrooms - ensuite
2 twin standard rooms
1 single standard room
Bathroom.

Second floor
2 double rooms - ensuite
2 single rooms - ensuite
2 single standard rooms
2 twin standard rooms
2 toilet facilities and separate shower room

Third floor
1 single room - ensuite
1 double room - ensuite
3 single standard rooms
1 twin standard room
Toilet facilities and shower room

All rooms are off good decorative order, well maintained with good quality furniture.

There is a basement divided into two rooms consisting of a boiler room and store room

There is free parking to the front and a small private car park for approximately 6 vehicles.