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The Townhouse, 34 Old Elvet, Durham, DH1 3HN

£1,200,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • Charming 7 bed boutique hotel
  • Luxurious individually themed suites
  • Superb location in historic Durham City
  • Bar & restaurant open to public
  • Very good reputation & reviews
  • Close to Castle & Cathedral. Energy Rating B
  • Christie & Co Ref: 6445186

Description

Description

The Townhouse is a very well-regarded boutique hotel with accommodation across four floors.

Location

The Townhouse is located on Old Elvet, a popular and much-frequented part of Durham City and just a short walk from the stunning Elvet Bridge which spans a picturesque stretch of the River Wear. Just a short distance beyond is the beautiful and very historic city centre with its maze of cobbled streets which are home to numerous shops, cafes, bars and restaurants which make Durham a huge draw for tourism.

Towering over the city and the river is the magnificent Castle, while even more impressive is Durham Cathedral, a UNESCO World Heritage Site which dominates the sky-line and which is visible from miles around. Durham University is very highly regarded, and its students and visitors generate considerable revenue for the city’s leisure and hospitality sector.

The cities of Sunderland and Newcastle upon Tyne both lie within 20 miles and excellent road links provide access to large towns and population centres such as Washington, Gateshead and Darlington. The wider north east region also has much to offer, with a superb coastline stretching from North Yorkshire to The Scottish Borders, whilst The North Pennines Area of Outstanding Natural Beauty is just a short drive away.

Internal Details

On the ground floor is the smart and stylish reception area and a small but very well presented bar which is open to the public.

Beyond the reception is the 30-cover restaurant with open kitchen and this is also open to the public as well as hotel guests and enjoys a good reputation for fine dining.

Letting Accommodation

The seven sumptuous bedrooms are located across the first, second and third floors and all are individually styled and themed and are presented to a very high standard, with free standing baths, rainfall showers and best quality linen and toiletries.

Owner's Accommodation

On the first floor is a large and presently disused room which could be converted to either owners or managers accommodation if required.

The Opportunity

The Townhouse is being sold with vacant possession but without any historic trade information. The hotel enjoys very good reviews across all of the travel and booking websites and room rates range from £157 per night for the smaller suites to £240 per night for The Hideway and The Penthouse suites.

Energy Performance Certificates

EPC 1

Brochures

The Townhouse, 34 Old Elvet, Durham, DH1 3HN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Durham Station0.6 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 6445186-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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