Property
The Barrasford Arms, Hexham, Northumberland
Price: £130,000
Tenure: Leasehold
Annual turnover: £355,048
Rent: £15,250
Agent: Christie & Co (0191 269 7025)
Current owner, Tony Binks, took over the Barrasford Arms in 2006 and has since built the food offer, resulting in a place in the Michelin Guide for 2017.
The country pub and restaurant, which dates back from around 1870 has a bar/lounge, one private and two public dining rooms, seven en-suite letting bedrooms and a detached three-bedroom cottage, which can be used as owner’s accommodation.
David Cash, business agent in Christie & Co’s Newcastle office said: "The Barrasford Arms is a very well-established business, with an excellent reputation. It regularly hosts quoits tournaments, darts finals and vegetable competitions so is a key hub for both the local and wider community. It benefits from multiple income streams by way of food, drink and accommodation sales, while giving the owners an opportunity to retreat to a detached cottage located away from the main building."
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