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Budget Hotel In Newcastle For Sale Freehold For Sale

Newcastle-upon-Tyne, Tyne and Wear
  • £695,000
  • (Furniture / Fixtures included)

Turnover:
Available on request
Net profit:
Available on request
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We are selling a hotel which is situated 2 miles from the Newcastle city centre.
Very popular with the weekend night out people and contractors working in the area.
Sales can be increased by opening a bar and restaurant as currently we are not selling alcohol due to religious reasons. Hotel has 53 rooms and capacity up to 120 people.



Property:
Leasehold
Lease terms:
FLEXIBLE
Location:
NEWCASTLE CITY CENTRE

Trading hours:
24 HOURS
Employees:
7
Years established:
2 YEARS
Support & training:
24/7 OPERATION
Furniture / Fixtures value:
£25,000 (included in the asking price)
Inventory / Stock value:
£4,000
Website:
Please click here to view the link


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