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£450,000

FREEHOLD RESTAURANT OR CAFE ,AND WITH RENTED OUT OFFICE SPACE

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Country: UK
City: Morpeth Northumberland
BUSINESS DETAILS:
Situation

The property is ideally located in the heart of the busy market town of Morpeth. Morpeth lies approximately 15 miles North of Newcastle as is a very popular town with tourists as well as being a desirable location for living. The property is surrounded by complimentary businesses and is also likely to benefit from the £32miliion re-development of the Sanderson Arcade, which will attract new businesses and many more visitors.

The Business

The business has been running for the last 5 years but has recently been completely refurbished to a good standard throughout. The restaurant has wood flooring throughout and provides approximately 40 covers. There is a bar serving area with till system, coffee machine and drinks fridges. To the rear of the ground floor is a catering kitchen with commercial stainless steel appliances.

On the first and second floor there are offices which are currently rented out for approximately £1,000 pcm.

Externally is a back yard area used for storage but subject to planning this could be utilised for an outdoor trading area.

Tenure

The property is freehold.


For further information on this unit please contact us. This property is being marketed on a confidential basis and the vendor or business should not be approached directly.
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