FREEHOLD PUBLIC HOUSE/B&B WITH ONSITE CRAFT BREWERY ON REDCAR HIGH STREET WEST

Super opportunity to acquire thriving hub of community life with excellent year-round regular & passing trade & fully equipped onsite craft brewery & music recording studio operating from substantial premises with spacious & extremely well fitted bar/dining/games/entertainment facilities & 12 standard & en-suite B&B guest rooms on vibrant coastal town centre outskirts. Comes with versatile self-contained 2-bed private apartment & lots of further potential or ideal investment property in outstanding location. Priced for quick genuine sale after many successful years trading in same hands with extensive inventory of fixtures & fittings included & viewing highly recommended REF 1875

The subject property occupies an outstanding and much sought-after trading position on the busy High Street West thoroughfare of the vibrant seaside resort and racing town of Redcar, which lies with excellent access to major road links (A1085, A1042 and A174 etc.) and to the nearby town of Middlesbrough (approximately 7.5 miles) on the delightful and ever-popular Cleveland coast.

We are delighted to present this fantastic opportunity to acquire the valuable freehold rights to a thriving income producing home of real quality and outstanding future possibilities, which we are confident you will agree represents genuine value.

This old established hostelry has become an important focal point of the local community in the course of many years’ successful trading by providing all the spacious and extremely well fitted traditional freehouse licensed bar and games facilities associated with an establishment of this kind, and is a popular venue for regular live televised sporting events and music entertainment evenings.

“The Cleveland Hotel” is also locally renowned both for its range of fine, cask-conditioned real ales produced in its fully equipped on-site micro-brewery and for its hearty traditional roast Sunday lunches prepared freshly to order in its extensively equipped commercial catering kitchen employing the finest and freshest produce.

The hotel also offers comfortable and affordable bed and breakfast or self-catering accommodation in its twelve well furnished standard and en-suite guest rooms and would naturally furnish any enthusiastic purchaser with truly vast scope for continued growth, not least with regard to considerable further development of its food trade, further development of its wholesale craft real ale supplies to other licensed outlets and to operating significantly extended hours in order to fully exploit local and passing trade demand.

The business would also benefit by adopting a more vigorous marketing policy of its excellent existing facilities and services, both through its own dedicated website and to further development of its social media presence, in order to improve upon the already high levels of turnover it has achieved in the course of some twenty successful years’ trading in the hands of the current proprietor, with the aid of a team of nine experienced and motivated staff who would be an asset to any purchaser.

Alternatively, this versatile proposition would most certainly appeal to someone simply looking to very significantly increase their existing investment portfolio by the acquisition of a substantial and extremely well located additional freehold property which would be eminently capable of achieving a very healthy return on initial capital investment in terms of future rental income, or sell on value after residential or commercial development subject, of course, to the obtaining of any necessary consents, and we would strongly recommend the earliest possible viewing to avoid disappointment.

Fitted to high industry specifications throughout, these substantial and well maintained THREE-STOREY freehold character terraced premises provide excellent and highly functional internal business accommodation with Wi-Fi internet access throughout which, to the GROUND FLOOR, briefly comprises an inviting public vestibule entrance directly off High Street West into a spacious and welcoming public/sports bar.

The public bar boasts feature solid timber flooring throughout for easy cleaning, well maintained furnishings, jukebox, quiz and gaming machines, 2 x pool tables, 2 x dartboard areas, large wall- mounted satellite TV screens for live televised sporting events and a fully fitted free-of-tie licensed servery with full range of optics, draught and hand-pulled cask pumps, chilled bottle display cabinets, bottle and glass display and storage shelving and electronic till point.

Accessed directly from the public bar area, or by means of its own separate vestibule entrance directly off High Street West, the ground-floor premises also incorporate an equally spacious and attractively appointed lounge bar with mixed solid timber and carpeted flooring, well maintained furnishings, elevated stage area for entertainment purposes and its own, fully fitted free-of-tie licensed servery.

The main public areas, in turn, afford easy access through to a fully fitted and equipped commercial kitchen with extraction system housing ample stainless-steel work surfaces, storage units, a fully equipped preparation/washing-up kitchen area and a full range of well maintained, industry standard catering appliances, all of which we understand are to be included in the sale price and further details of which will be made available upon request to any genuine interested parties.

The ground-floor premises naturally also incorporate all the usual separate male and female washroom/WC facilities for customers, with further ancillary accommodation consisting of a fully fitted and equipped trade beer cellar/bottle store with refrigerated barrel storeroom and separate access for deliveries.

To the FIRST FLOOR the property currently provides comfortable and well furnished guest accommodation in twelve letting bedrooms, four of which boast fully fitted private en-suite facilities.

All the guest rooms additionally offer colour TV, Wi-Fi internet access and the usual complimentary hospitality facilities.

Further ancillary guest accommodation to the first floor consists of a fully fitted communal guest kitchen for self-catering purposes, together with 3 x fully fitted communal bathroom/WC facilities for the use of the non en-suite rooms.

To the SECOND FLOOR the property provides versatile living accommodation in a smart apartment ideal for private, staff or additional letting purposes, which consists of a good-sized lounge and a fully fitted domestic kitchen housing ample work surfaces, wall and base storage units, fitted sink unit and a full range of built-in appliances, together with two double bedrooms and a fully fitted bathroom/WC.

The property also enjoys the benefit of central heating and partial double glazing, in addition to the added safety and security benefits of CCTV monitoring and full fire and intruder alarm systems.

Externally:

Occupying an outstanding trading position on a vibrant seaside town centre High Street, to the front the premises are well signed and attractively presented.

The property also incorporates substantial grounds to the rear, which include a well maintained and furnished, covered and heated decked patio public beer garden and smoking area and a large and enclosed private patrons’ car park which may comfortably accommodate up to twenty vehicles.

The property also features three outbuildings which currently house a fully equipped on-site micro-brewery “The Redscar Brewery” for the commercial volume production of craft real ales, in addition to a separate and fully equipped music recording studio and a versatile adjoining workshop.

For further information, why not visit the business’ dedicated website at:-

www.theclevelandhotel.co.uk

The business is well fitted throughout and a valuable inventory of equipment is to be included in the sale price