Public House & Premises In Northumberland For Sale

Business description

• Public House & Premises
• Potential for Retail or Residential Development (STPP)
• Site Area approx. 0.5 Acre ( 0.2 Ha )
• GIA: 260m2 ( 2,808 ft2 )
• New FRI Lease Available
• Rent: £50,000 per annum

Property information

Property:

Leasehold

Lease terms:

The property is available on Full Repairing and Insuring (FRI) lease terms for a term of years to be agreed. The asking rent is £50,000 per annum exclusive of outgoings.

Leasehold rent:

£50,000 per annum

Location:

Amble is a coastal Town located approximately 28 miles north of Newcastle Upon Tyne and 9 miles east of Alnwick. The property is located in an established residential area being on the northern edge of the town and benefiting from main road frontage onto the A1068, also known as the ‘Coastal Route’
This is a popular residential location being within close proximity of Amble Marina.

Premises details:

The property comprises a detached single storey building occupying a flat and regular site which extends to an area of approximately 0.5 acres (0.2 hectares) or thereabouts.
Although, internally the property provides bar, restaurant, kitchen and ancillary accommodation there is scope for conversion and/or extension for retail uses, subject to receipt of planning permission.

Size in square feet:

2,808

Planning consent:

We have been informed the site has previously had planning permission for Hotel use, however, this has now lapsed. In addition the site has potential for a range of retail uses or for residential development subject to receipt of planning permission.