The only hotel located on the airport. 19 bedroom hotel, all ensuite, Large Restaurant / Function room can seat 100
Bar, open to non residents
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
Extended overflow car park created, ideal for airport users.
New LED lights installed in all corridors
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
£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