Wylam, NE41 8AJ

Property Overview

Rare opportunity to acquire a beautifully presented hospitality business in the heart of Wylam, Northumberland. This three-storey detached stone property provides a restaurant, B&B and two-bedroom owner's accommodation, extending to 289 sq m (3,111 sq ft).

• Mixed-use property
• Six bedrooms in total
• Four en-suite guest bedrooms
• 38-cover restaurant
• South-facing garden with space for 40
• Freehold
• EPC rating: B

Accommodation

Ground floor: Bar/seating area restaurant, kitchen, ladies' WC and gents' WC.

First floor: Four en-suite guest rooms comprising one family room, one twin room and two double rooms.

Second floor owner's accommodation: Kitchen/diner, living room, two bedrooms and shower room.

Location

Located within the heart of the picturesque village of Wylam, Northumberland, NE41 8AJ.

Tenure & Key Information

• Tenure: Freehold
• Property type: Mixed Use
• Seller advises that mains gas, electricity, water and sewerage are provided.
• No occupancy, lease, council tax, parking or heating details were supplied.

Auction & Buyer Charges

• Guide Price: £410,000+
• Auction date: 30th September 2026
• Auction administration fee: £2,000 plus VAT, totalling £2,400.
• Buyer premium: Not provided.
• If the buyer uses a referred North East-based solicitor from the auctioneer's panel, the auctioneer receives a referral fee of between £200 plus VAT (£240) and £400 plus VAT (£480).

Investment Analysis

HB estimate: £525,000 indicative market value, based solely on the £525,000 completed sale of Laburnum House in the same postcode in October 2021. This is historic evidence and the comparable is recorded as “Other”, so it may not be directly comparable to this six-bedroom mixed-use property. This is an estimate and not a formal valuation.

The £410,000+ guide is approximately £115,000 below that historic benchmark, before any unknown buyer premium and the known £2,400 auction administration fee.

No HB rental, yield, refurbishment or maximum bid estimates are available because rental evidence, refurbishment requirements and buyer premium information were not supplied.

Sold Comparables

Property	Sale Price	Sale Date	Type	Tenure
Laburnum House, Wylam, Northumberland, NE41 8AJ	£525,000	4 October 2021	Other	Freehold
Laburnum House, Wylam, Wylam, Tynedale, NE41 8AJ	£215,000	19 April 2002	Detached	Freehold

Source: HM Land Registry sold data supplied. Only two completed sales were provided, including one from 2002.

Rental Evidence

No advertised rental evidence or auctioneer estimated rent was supplied. Asking or estimated rent should not be treated as achieved or passing rent.

Strategy & Risks

Treat the guide as an initial pricing reference only. Proceed subject to confirming the mixed-use accommodation, condition, planning and use status, income potential and all auction charges. No evidence-based maximum bid can be calculated because rent, refurbishment requirements and buyer premium are unavailable. Allow for the known £2,400 administration fee in addition to the purchase price.

• Limited evidence: only two completed sales, including one from 2002 and one historic 2021 sale classified as “Other”.
• No rental evidence or auctioneer rent estimate, so income and yield cannot be assessed.
• No refurbishment or condition information was supplied.
• Buyer premium is not provided.
• Mixed-use planning, occupational and commercial details are not provided.