Hotel for sale in Birtley Tyne and Wear with a Turkish restaurant and modern amenities

Description

Located in Birtley, Tyne and Wear, The Relax Inn Newcastle presents an excellent investment opportunity for those looking to enter or expand within the hospitality sector. This well-established, budget-friendly hotel is situated a short drive from Newcastle upon Tyne city centre, attracting both leisure and business travellers.The hotel offers clean and comfortable guest accommodation with essential amenities including private bathrooms, flat-screen televisions, and tea and coffee-making facilities. Guests regularly highlight the peaceful atmosphere, comfortable beds, and the benefit of complimentary on-site parking, making the property suitable for short stays and last-minute bookings.Operating successfully for over 10 years and under current ownership for the past 3 years, the business has demonstrated consistent performance with recent growth. The hotel currently generates an annual turnover of approximately £22,000. It is managed by a team of 3 employees, offering flexibility for either owner-occupation or continued management as an investment asset.An established Turkish restaurant operates on the ground floor, contributing to the overall trading environment. The restaurant occupies a fully fitted commercial space with kitchen and dining facilities suitable for events and catering. It is held on a 25-year lease and is currently operated by a tenant paying £18,000 per annum in rent, which will be payable to the incoming freehold owner, providing a secure and additional income stream independent of hotel operations.The guest accommodation is well presented, with individually designed rooms, modern furnishings, and key card entry systems. Additional features include a large bar area, well-maintained bathroom facilities, and a substantial plot with ample parking provision. The property benefits from strong visibility in a high-traffic location and is surrounded by local amenities including supermarkets, restaurants, takeaway outlets, and seasonal attractions such as fairs and events, all contributing to consistent demand.The business maintains an established online presence through its website and active social media profiles, including Facebook and Instagram, supporting visibility and bookings.All fixtures and fittings are included in the sale, ensuring a smooth transition for a new owner. With strong hygiene standards, positive guest feedback, and multiple income streams from accommodation and rental income, this property is well suited to both owner-operators and investors seeking a diversified hospitality opportunity.The freehold price for this property is £580,000, offering significant potential for future growth within the hospitality sector.