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Mallyan Spout Hotel – Goathland

Offers Over - 3,000,000 GBP
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Overview

  • Updated On:
  • August 23, 2022

Description

Mallyan Spout Hotel
Goathland, North Yorkshire Moors, YO22 5AN
Offers Over £3,000,000 freehold

Very profitable hotel, ANP £391,677
One of the most beautiful hotels in one of the most stunning parts of the U.K.
Built in 1892, the Mallyan Spout Hotel is a fully refurbished 20-bedroom hotel, with a restaurant, function room, bar, pub, coffee shop and three additional properties.

BULLET POINTS
– Turnover £1,788,042
– ANP £391,677
– Twenty bed luxury hotel
– Sensational views over the ‘N.Y. Moors’
– Function capacity for up to 70
– Seating inside for up to 140
– Large gardens with views
– Outside seating for 200
– Private car parking for up to 70 cars
– Additional 2.5 acres available

SUMMARY

The Mallyan Spout Hotel is a very successful family run hotel in the picturesque village of Goathland, the views over North Yorkshire Moors are unrivalled.
This is a very rare opportunity to purchase a flagship hotel in an iconic location.
In a prime position in the village, the hotel has unparalleled views and sits in a generous plot of land.
Goathland, famous for being the location where ‘Heartbeat’ was filmed, is one of the most sought-after locations in the ‘North Yorkshire Moors National Park’.

LOCATION
Mallyan Spout Hotel is on the main thoroughfare through Goathland, set back from the road sitting in an acre plot overlooking valleys covered with woodlands and fields.
Goathland a beautiful village in the heat of the ‘North Yorkshire Moors National Park’ used as the filming location for the world-famous BBC drama ‘Heartbeat’, it is a hugely popular tourist destination.
Whitby is less than ten miles away, the North Yorkshire Moors, Whitby, and Scarborough Robin Hoods Bay, attract substantial visitor numbers throughout the whole year.

THE ROOMS
There are currently twenty letting rooms, which include four ‘Junior Suites’, two ‘Valley Suites’ and three ‘Superior Suites’

HOSPITALITY
Main restaurant seats 50, however for functions capacity of 70.
‘Hunt Bar’ and it’s three additional lounges caters’ for up to 54.
‘Spout Bar’ caters for 30.
The gardens offer outside seating currently for over 120 people, marquees have been used for functions on the lawn for up to 200.
The coffee shop has seating inside for 20, and outside seating for up to 100

ADDITIONAL ACCOMODATION
With the main hotel building there is the opportunity to repurpose some of the staff and storage room and add additional letting rooms.
Separate to the main building there is a one-bedroom flat, a three bedroom flat and a large three bedroom semi-detached house with private gardens.

KITCHEN
The award-winning food at the Mallyan Spout is created in the substantial kitchen it is very well equipped throughout and can cater with the high volume of tourists visiting Goathland, the kitchen is over 100sq/m.

BIOMASS HEATING
The property benefits from a ‘Biomass’ heating system, the grant payment of £27,000 per annum covers the cost of all the heating resulting in a net payment to the hotel for using it.

DEVELOPMENT OPPORTUNITY
Up to five further letting rooms could be added to the hotel’s current twenty.

FURTHER INFO
Mallyan Spout Hotel has had over 11,000 people ‘check-in’ on Facebook
https://www.facebook.com/Mallyanspout/
There is a designated website at https://mallyanspout.co.uk/
Mallyan Spout Hotel is one of the top rated hotels in North Yorkshire Moors on TripAdvisor.

CURRENT TRADING HOURS
Mallyan Spout Hotel is open seven days a week.

FIXTURES AND FITTINGS
All fixtures and fittings not personal to our client are included in the sale.

STAFF
Mallyan Spout Hotel is a family run business, there are currently employing 29 staff.
26 of whom are subject to TUPE.

TENURE
Mallyan Spout Hotel is available to buy as a freehold property, at offers over £3.000,000

CAR PARKING
There is private parking for up to 70 cars, the hardstanding capacity is 30.

TRADING INFORMATION
Turnover £1,788,042 for Aug 2021 to July 2022, generating an adjusted net profit of £391,677
Full accounts are available upon request.

 

Documents
State/County:
Country: United Kingdom
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Property Id : 23206
Price: Offers Over - 3,000,000 GBP

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