Ancient Unicorn Inn, a Grade II-listed hotel, bar and restaurant in County Durham, UK, is up for sale for a freehold asking price of £800,000 ($1.06m).

Business property adviser Christie & Co is facilitating the sale of the property, which is situated in the village of Bowes.

This property features a 14-bedroom hotel, bar, and a village shop.

In addition to being a licensed wedding venue, the inn serves 50 guests in its restaurant. It also offers a two-bedroom owners' accommodation and a courtyard for outdoor seating.

The property includes a parcel of land with planning permission for further development of hotel and residential accommodation.

The inn is in proximity to Barnard Castle and natural attractions such as the North Pennines and the Yorkshire Dales.

The current owners are seeking to sell as they plan to relocate abroad.

Overseeing the sale process, Christie & Co regional director David Cash said: “This is a standout opportunity for an experienced owner operator or developer to take on a hospitality business with substantial upside potential.

“Also included in the sale is a valuable parcel of land to the rear, with current planning permission for a ten-bedroom hotel extension and two five-bedroom residential dwellings, opening up a range of development options including luxury lodges, glamping pods, or a caravan site, subject to planning permission. We expect to receive high levels of interest and encourage interested parties to get in touch.”

In related news, Christie & Co recently marketed The Beaufort Arms Hotel in Monmouthshire, Wales, with a freehold asking price of £1.5m.