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Spa Hotel Darlington County Durham

Darlington, County Durham

£55,000 +SAV

Ref: 2433 A

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Description

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 www.spahoteldarlingtonairport.co.uk. 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.

Tenure

Leasehold

We are advised Leasehold: Original lease length: 10 yearsRemaining lease length: 10 yearsRent: £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.

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.

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