Parker Barras
Address: The Qube, Windward Way, Middlesbrough, TS2 1QG
Phone: +44 (0)1642 987987 Email: teesside@parkerbarras.co.uk
£59,950
Aviation Way, DL2 1PD, Darlington,
Businesses
Business For Sale

£59,950 payment for business, inc. fixtures, fittings and equipment. Followed by a yearly rent. In very good decorative order. Benefits from being the only Hotel on Teesside International Airport

The only hotel located on the airport. 

18 bedroom hotel, all ensuite, located at Teesside Airport

Large Restaurant / Function room can seat 100

Bar, open to non residents 

Car parking 

A fantastic opportunity to acquire a going concern, in very good decorative order.

Recent work includes:

  • New roofing work
  • Decoration and new blinds in the restaurant
  • New cellar installation for draft beers
  • New carpets in 7 bedrooms 
  • New beds in several rooms.
  • Carpets in all corridors
  • Newly decorated bedrooms
  • Refurbished reception area
  • New high speed wifi 
  • New epos till systems
  • Extended overflow car park created, ideal for airport users. 
  • New LED lights installed in all corridors
  • New website 

The property is to be offered on a new lease for a term to be agreed. 

The rent is £2,700 per month - The building is exempt from business rates 

Fully staff run business with 11 staff. 

Turnover £290,000 per annum split as follows

£93,600 Sunday Carvery 

£52,300 wet 

£150,900 rooms  ( currently at 55% occupancy) 

Plenty of scope to increase sales. The nearby Teesside Airport is only 4 minutes walk away and is undergoing significant investment following its acquisition by the local council. 

ALL ENQUIRIES TO PARKER BARRAS ON  , NO DIRECT APPROACH TO THE HOTEL

 Transport Links: Town center: 15 minutes by Car, Train station: 5 minutes by Foot, Bus station: 5 minutes by Foot, Airport: 2 minutes by Foot,
Features
 General Facts & Features: Kitchen Facilities, 24 Hour Access, CCTV, High Speed Internet, Reception Desk, On-site Parking, WiFi throughout, Fixtures and Fittings, Utility - Electric supply, Utility - Water supply,