Land for sale in Frenchgate, Richmond DL10

Offers over £975,000
Interested in this property? Call +44 113 427 5931 * or Request Details

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Land for sale

Property features

  • Fantastic opportunity
  • Nine letting rooms
  • Boutique hotel
  • Fine dining restaurant
  • Stunning location
  • Profitable business
  • Finest hotel in Richmond
  • Impeccably presented
  • Private car park
  • Full planning

Property description

Opportunity

Frenchgate Restaurant & Hotel is the finest boutique hotel in Richmond

Beautifully presented, offering the highest standard of accommodation, food and service

Wonderful opportunity for an owner operator and or a welcome addition to a boutique hotel portfolio

The property lends itself for further development, with full planning permission for adding 3 more guest bedrooms, expansion of public areas

Potential for a further property in the garden, offering a significant increase in expected revenue

Location

Frenchgate is a cobbled road within Richmond town centre, offering stunning views throughout

The hotel has private off street parking for up to ten vehicles

Richmond, gateway to the world-famous Yorkshire Dales, is one of Britian’s most beautiful towns, voted Best Town in Britain (2009) and founded nearly 1,000 years ago, boasting it’s ‘Norman Castle’, one of the finest tourist attractions in North Yorkshire together with the oldest fully restored and operating Georgian Theatre in the world

Internal Details

Originally two properties, number 61 dates back to 1650, number 59 1750

Please see the attached floorplans for more details

External Details

Stunning walled gardens, west facing

There are two private car parking areas

Fixtures & Fittings

All fixtures and fittings not personal to our clients are included in the sale

Development Opportunity

full planning is currently in place for adding three further letting rooms and extending the public areas

The property could be converted into holiday flats, subject to planning permission being granted

Drawings for four - two bed apartments, and two – three bed apartments are available

Tenure

Nationwide Business Sales are delighted to offer ‘Frenchgate Restaurant & Hotel’ to the market at ‘Offers Over £1m’

Staff

All staff are subject to tupe

Financial

Average rooms rates are £150 per night

Occupancy rates are over 70%

Full accounts are available upon viewing the property

Bedroom

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Kitchen

Dining Room

Reception Room

Living Room

Conservatory

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For more information about this property, please contact
Nationwide Business Sales, WF10 on +44 113 427 5931 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nationwide Business Sales, and do not constitute property particulars. Please contact Nationwide Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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