Profitable B&B, Bar & Restaurant

Business
Please quote reference B08286

CoGoGo presents The Seahorse a charming, traditional British pub with a thriving restaurant and 12 hotel-style guest rooms, consistently fully booked. This established business has been run successfully for many years, enjoying excellent reviews and a loyal customer base. The business offers a fantastic opportunity for an investor or hands-on owner to acquire a ready-to-go operation with no additional investment needed.

Bar & Pub Area: The Seahorse’s bar offers a warm and inviting traditional pub atmosphere, perfect for casual drinks or gatherings. The pub attracts both locals and visitors, making it a lively spot throughout the day and into the evening. The interior boasts cosy decor, wooden furnishings, and a fully stocked bar offering a wide range of beers, ales, wines, and spirits. The pub atmosphere is enhanced by live entertainment on weekends, making it a key social hub in the area.

Restaurant: The Seahorse’s restaurant is well-known for its superb menu featuring great British fare, with a strong focus on hearty, classic dishes that cater to a wide range of tastes. Specialising in locally sourced ingredients, the menu offers a mix of traditional favourites such as fish and chips, pies, and roasts, alongside its popular Steakhouse Grill Menu, served Monday to Saturday from 5 pm to 9 pm. The restaurant comfortably seats 40 guests and is a firm favourite among diners seeking quality, home-cooked meals in a relaxed setting.

Accommodation: The Seahorse offers 12 comfortable, well-appointed guest rooms, which are consistently fully booked year-round. Each room provides modern amenities, including en-suite bathrooms, Wi-Fi, and flat-screen TVs, ensuring a comfortable stay for guests. The B&B attracts both short-term visitors and long-stay guests, including tourists, business travellers, and event attendees from the local area. High occupancy rates are driven by The Seahorse’s excellent location, cosy atmosphere, and reputation for outstanding hospitality.

Additional Features:

• Car Parking: The property features ample parking with a front and side car park, offering easy access for both diners and guests.
• Steady Revenue Streams: The combination of a thriving bar, popular restaurant, and fully booked accommodation ensures multiple revenue streams, making this business a solid investment.
• Strong Footfall & Location: Situated on a busy street, The Seahorse benefits from significant pedestrian traffic as well as passing trade, thanks to its location in a sought-after area, surrounded by other shops, attractions, and local landmarks.

The Seahorse offers a fantastic opportunity to acquire a highly profitable and well-run B&B, bar, and restaurant in an excellent location. With 12 fully booked rooms, a popular pub atmosphere, and a restaurant known for its outstanding British fayre and steakhouse grill, The Seahorse is a turn-key operation with strong future growth potential. Whether you’re an experienced hospitality entrepreneur or an investor looking for a profitable, established business, The Seahorse is a rare and exciting opportunity.

Location
Ideally situated in a bustling area with high footfall and excellent passing trade, The Seahorse B&B, Bar, and Restaurant is a well-established and highly profitable business. Located in a vibrant coastal town, The Seahorse benefits from a prime spot near local attractions, making it a popular choice for both tourists and locals alike.

The Seahorse is an ideal base for exploring the Northumberland coast and National Parks. They are just 20 minutes from Newcastle (NCL) Airport, Newcastle University, and the renowned Theatre Royal. Additionally, the golden sands of Blythe South Beach and Port are only minutes away.

Premises

• Bar & Pub Area
• Restaurant
• Accommodation
• Car Parking

Tenure
This opportunity is being sold on a Freehold basis.

Hours
The current operating hours are:

Monday to Saturday – 3:00 pm to 11:00 pm

Sunday – 12:00 pm to 10:00 pm 

Staff
Staffing details can be discussed upon further request.

Financial Profile
This business has generated a turnover of £500,000. Full financials can be made available upon further request.