Description

The Michie Group LLP are delighted to bring to the open market an exciting opportunity to acquire the freehold interest of a well-established and popular commercial premises along with fully refurbished first floor flat. Currently housing Nancy’s Cafe, a thriving business in the heart of Cambois, the property is ideal for an owner operator or investor.

LOCATION & SITUATION

Situated in the heart of Cambois on West Bridge Street, the property benefits from both substantial foot and road traffic with ample roadside parking available to service local and passing trade.

Being well connected to the surrounding area with the A189 just a short drive away, providing direct access to Blyth town centre and further connections to Newcastle upon Tyne and the A1 motorway.

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DESCRIPTION

Nancy’s Cafe is a well-established and profitable business, formerly a hairdressing salon, the property underwent a change of use in 2018 and has since become a unique and rare turnkey opportunity for any prospective purchaser. The sale offers all fixtures, fittings, and catering equipment, allowing for immediate operation. Featuring a fully equipped commercial kitchen, a stylish countertop and dining area with ample seating space both indoors and outdoors. This property presents an excellent opportunity for an owner-operator or investor seeking a profitable business with great growth potential.

Nancy’s Cafe is currently run by the Vendor as a sole trader and thrives from a wellestablished reputation, the sale of the property comes as a result of their retirement. It is to be noted that the ground floor unit is no means restricted to being run as a cafe and offers potential alternative uses, subject to obtaining the necessary planning consents.

The fully refurbished first floor two-bedroom flat presents convenient living, featuring a brand-new kitchen, spacious living room, and a modern bathroom with high-quality finishes throughout. The flat is ready for immediate occupation, ideally suited for an owneroperator to service the business downstairs.

The current rateable value of the property is: £3,950.00
As the RV is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the this from the Local Rating Authority.

RIGHTS EASEMENTS AND WAYLEAVES

The property is sold subject to and with the benefit of all rights of way, water, drainage, watercourses and other easements, quasi or reputed easements and rights of adjoining owners (if any) affecting the same and all existing matters registered by any competent authority, subject to Statute.

LOCAL AUTHORITY

Northumberland County Council

EPC RATINGS

1 West Bridge Street (Cafe) – C

1A West Bridge Street (Flat) – G

A copy of the respective EPC’s are available upon request.

METHOD OF SALE

The property is registered with the HM Land Registry as Title Number ND182736 and is offered for sale via the method of private treaty, freehold with vacant possession upon completion. The Vendor reserves the right to conclude the sale as they wish.

VIEWINGS

Potential purchasers are requested to register their interest at an early stage with the selling agents. Viewing strictly by prior appointment only. Please contact selling agent Tom Bell.