OYO The Townhouse 34 Old Elvet

The Townhouse is set in a Grade II-Listed Georgian town house, offering individually themed rooms in Durham’s charming Old Elvet area. Durham Cathedral and the 11th-century castle are within 10 minutes' walk. Tastefully designed interiors feature in all rooms, placed in either the 18th-century town house, garden, or main house. This well established and refurbished city centre, boutique hotel is only 400m from Durham City marketplace, but enjoys views of the Cathedral and river from its unique rooms, three of which have hot tubs with enclosures. The banks of the River Wear and Durham University Cricket Club are 492 feet away. Durham Rail Station is less than 1-mile from the property and Newcastle city centre can be reached after a 15-minute train journey.

The hotel consists of 10 guest rooms, with a further room undergoing development, a restaurant with 40 covers plus a patio accommodating a further twelve covers, a cosy bar area which comfortably accommodates 15 guests, in addition to an excellent cellar and wine store. There is air-conditioning throughout. The freehold owner is retiring and his 5,000 sqft home adjoining the hotel is also for sale. The merged plot could make an ideal hospitality venue with onsite parking. Significant growth in Durham City property values has been observed in recent years making this an ideal investment with a proven secure income of 100k pa.