Frenchgate 59-61, Frenchgate, North Yorkshire

975,000 GBP Offers Over
Frenchgate 59-61 Frenchgate,
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Overview

  • Updated On:
  • February 26, 2024

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

Bedroom

Bedroom

Bedroom

Bedroom

Bedroom

Bedroom

Bedroom

Bedroom

Kitchen

Dining Room

Reception Room

Living Room

Conservatory

Address: Frenchgate 59-61 Frenchgate
Area:
Zip: DL10 7AE
Country: United Kingdom
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Property Id : 42349
Price: 975,000 GBP Offers Over
Custom ID: 250554

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