Property Summary
Executive Summary Alston House is a fully operational boutique hospitality business located in the historic market town of Alston, Cumbria. The property comprises 9 en suite letting bedrooms, an established restaurant and café, and a private 1-bedroom owner’s flat.
Offered as a freehold going concern, the business provides a turnkey lifestyle and income opportunity in a resilient UK tourism region.
Key Features • 9 individually styled ensuite letting bedrooms • Fully equipped commercial kitchen • Restaurant seating approximately 40 covers • Separate café area with additional seating • Private 1-bedroom owner’s accommodation • Freehold Georgian property with strong capital value • Established trading operation with growth potential
Growth Opportunities • Increase ADR through boutique repositioning and branding • Develop exclusive-use weekend packages • Expand private dining and small event offerings • Enhance digital marketing and direct booking strategy • Introduce themed walking and cycling retreats Investment Highlights At an asking price of £565,000, Alston House represents exceptional value for a turnkey 9-bedroom boutique hotel with restaurant, café, and owner’s accommodation. The price reflects a compelling earnings multiple and is supported by the underlying freehold asset value.
Full Details
Internal Details
Alston House hotel is approached by steps up from the road, leading to a vestibule and generous reception hall with original features including fireplace with gas fire and hammered copper surround.
To the left is the breakfast room seating circa 20 with opening through to residents seating/lounge area, with seating a further 25. There is an L-shaped servery and has this area has its own entrance.
To the right of the reception hall are the bar and restaurant seating approximately 100. It offers various seating areas, formal dining and large screen TV area for sport. Stairs lead to all floors including the cellar accessed via the reception hall.
Ancillary areas include: Spacious catering kitchen with non-slip floor, fridge room and walk-in fridge, store room, dry goods room, pot wash, laundry room, office and beer cellar.
Fixtures and Fittings
These are included with the exception of items that belong to the seller.
Hotel Bedrooms
All bedrooms are located on the first and second floors, with nine lettings bedrooms overall (five doubles, one twin and three family rooms). All have en suites, either a bath and/or shower, and the usual TV and tea and coffee making facilities.
External
There is an area of parking immediately to the front of the hotel with a larger car park on the other side of the main road. The gardens are extensive and attractive with a newly created outside dining area.
Private Accommodation
Situated on the on the top floor and accessed via the main stairs is the owner's apartment, offering kitchen, living room and one bedroom with en suite.
Additional Information
Having enjoyed the many years at Alston House hotel, the owners are now looking forward to a well earned retirement which leaves an opportunity for new owners to come in and place their own stamp on the business.
There are a number of areas of potential growth including:
• Further dining during the week
• Weddings (may involve some light configuration internally)
• Reintroduction of separate cafe
• Further potential for expansion of accommodation, subject to obtaining planning consent
Trading Information
Turnover year ending 2023 £435,491
Turnover year ending 2022 £485,242
Adjusted Net Profits allowing for owners personal expenses: Year Ending 2023 £158,633.
Further trading information will be made available to seriously interested parties.
Business Rates
Confirmation of business rates payable should be obtained from the local authority.