Rothbury, Northumberland, ID 166438
Northumberland market town 19th century inn on main town and village green Two bars Five letting bedrooms Bunk room accommodation Turnover £563,614 per annum net of VAT Location Rothbury is a market town with a population of approximately 2,107, located on the River Coquet in rural Northumberland around 26 miles north of Newcastle upon Tyne. The property, Newcastle House, is positioned centrally overlooking the main village green. Property Newcastle House is a late Georgian and early Victorian style building with a Victorian porch, located on Front Street and facing the village green. Trade areas include a reception area, a sports bar or lounge with 20 covers, and a main bar and restaurant area with 30 covers. The interior retains original features including high ceilings, wood panelling, exposed stone walls and original bar fittings. Each area includes a central bar. A function room is also available with potential for conversion into additional letting accommodation. A catering kitchen with washing area is located to the rear, along with a prep room and dry storage. Customer toilets are positioned to the rear. A cellar is located in the basement with storage space and a dispense system. Bunkhouse accommodation Located on the first floor, comprising three bunk rooms with a total of 13 beds and a shared lounge area. Letting accommodation Five letting rooms located on the first floor, three with en suite facilities and two with shared bathroom access. Potential to add an en suite to one room. All rooms are accessed via a central staircase and are maintained to a good standard. Licence Premises licence in place Services All mains services connected Rateable value £42,000 from 1 April 2026 Local authority Northumberland County Council Business Annual turnover of £563,614 net of VAT. Income split approximately 65 percent wet sales, 25 percent food and 10 percent accommodation. Letting accommodation not fully utilised. Tenure Leasehold £54,000 including goodwill, fixtures and fittings. Stock at valuation in addition Held on a full repairing and insuring lease with Punch Partnerships Limited Lease term from February 2025 for 5 years Within the Landlord and Tenant Act 1954 Assignable lease Rent £38,600 plus VAT per annum, paid weekly in advance Deposit and personal guarantees required Partial tie on draught and soft drinks
