Commercial for sale

Self-contained House, Restaurant and Takeaway, 20-24 Castlegate, Berwick-upon-Tweed, Northumberland


£345,000
S.O.A.

Features

  • Guide Price (inclusive of Goodwill and Equipment)
  • Tenure: freehold

Description

Key features:
  • Self contained house refurbished to a high standard throughout
  • Contemporary kitchen and bathroom suites
  • Well proportioned accommodation
  • Turn-key condition
  • Fully equipped takeaway
  • Recently refurbished Martyn Edwards island fryer
  • Stainless steel service counters
  • stainless steel preparation units
  • 48 cover Restaurant
  • Private walled garden

Main Description
Description
A two storey late Victorian terraced building together with later extensions providing a self-contained modernised three bedroom house and gardens together with separate fish and chip restaurant and takeaway.

Self-Contained Terraced House (No. 24)
The self-contained three bedroom house has been modernised with an excellent standard of finish and benefits from private well-tended walled garden to the rear. It is in turn-key condition with recently re-fitted contemporary kitchen and bathroom suites. The property is just a short walk from the train station.

The accommodation consists of:

Ground Floor: Entrance vestibule, open plan living room-dining room, breakfasting kitchen, rear hall, utility room, WC, covered yard leading to the walled garden to the rear.

First Floor: Landing, three well proportioned double bedrooms, two bathrooms/WCs. The main bathroom has recently been refurbished with new white suite including a separate walk-in shower enclosure and corner bath. It is finished with vinyl wall and ceiling cladding complete with recessed light units.

Grounds: There are well-tended walled garden grounds to the rear landscaped to provide a patio, vegetable garden, lawn and shrubbery. There are floral borders to the perimeter. A timber panelled garden shed has been erected to the north west corner which is included within the sale.

Castlegate Fish Restaurant and Takeaway
Well equipped restaurant and takeaway. Front shop with recently restored traditional faade complete with display window to Castlegate and two external doors ideal to operate a one-way system to comply with Covid restrictions.

The front shop opens to a restaurant to the rear with capacity to accommodate approximately 48 covers.

A step-up from the restaurant provides access to a well equipped kitchen and preparation area with separate access off covered yard to the north. In addition, there is a large external store, chip preparation room, insulated potato store and walk-in freezer unit. The covered yard also provides a rear access to the house.

Some of the key features include:

Self contained house refurbished to a high standard throughout
Contemporary kitchen and bathroom suites
Well proportioned accommodation
Turn-key condition
Fully equipped takeaway
Recently refurbished Martyn Edwards three pan island fryer
Stainless steel service counters and preparations units
Restaurant with accommodation for 48 covers.
Private walled garden

Area
Restaurant and Takeaway: Net Internal Area 99.68 sq m (1,073 sq ft)

Location
20-24 Castlegate, Berwick-upon-Tweed is situated in a good trading position on the eastern side of Castlegate, the principal thoroughfare to the town centre from the north. Castlegate is a strong trading position generally comprising a range of artisan and niche retail businesses and services.

Berwick-upon-Tweed is located in Northumberland to the north of England close to the border with Scotland. It has a population of approximately 14,000. The town is situated approximately equi-distant between Edinburgh to the north and Newcastle-upon-Tyne to the south (approximately 65 miles each way).

Berwick-upon-Tweed is served by the A1 trunk road providing good access to the national roads network with dual carriageway the majority of the distance to Edinburgh. The main line east coast railway network also serves the town with regular services to Edinburgh and Newcastle-upon-Tyne (approximately 45 minutes each way) and London (approximately 3 hours).

Although a relatively small town, Berwick is regarded as the principal market town serving north Northumberland and the eastern borders (a catchment of around 42,000) offering a full range of retail, leisure and financial services. The town also has a significant tourism sector which accommodates an influx of seasonal visitors during the summer months the population of the town is reported to double during peak season.

There are airports at both Edinburgh and Newcastle-upon-Tyne providing domestic and international scheduled flights.
Planning
Established use of the commercial element of the property will be categorised as Sui Generis under the Town and Country Planning (Use Classes) Order 1987 as it includes a combination of Class A3 (Caf and Restaurant) and Class A5 (Hot Food Takeaway).

As well as existing use, this provides considerable flexibility for diversification to a range of alternative uses such as Italian Coffee shop or restaurant and takeaway; Chinese, Indian, Thai restaurant and takeaway or similar.

Rateable Value/ Council Tax
No. 20-22: Restaurant and Takeaway are assessed to a Rateable Value of 4,450 effective from 01-Apr-2017.

The Small Business Rates Relief Scheme provides rates relief to help small businesses in Scotland. For the 2020/2021 year up to 100% rates relief is available for business with a combined rateable value (of all business premises in England and Wales) with a Rateable Value of 12,000 or less subject to application and eligibility.

No. 24: House is assessed to Council Tax Band A

The Business
Castlegate Fish Restaurant and Takeaway is a long established business with an excellent reputation and feedback on well renowned websites. Ratings include:

Tripadvisor 4.5/ 5.0
Yell.com 5.0/ 5.0
Google 4.4/ 5.0
Facebook 4.8/ 5.0

Tripadvisor Travellers Choice 2020

Consistently earn great reviews from travellers and are ranked in top 10% of properties on Tripadvisor.


The Business sustains a strong turnover producing an excellent profit. Trading figures are available to genuinely interested parties following viewing and receipt of an expression of interest from their solicitor.

The business as a Food Hygiene Rating of 5 - Very Good (the top rating available).

There is further scope to diversify the existing offering and/ or extend opening hours if desired.

Equipment
The premises are extensively fitted out with modern equipment including recently refurbished Martyn Edwards three pan island fryer, stainless steel service counter and preparation units within he kitchen and preparation areas, refrigerated display fridge, tables and seating for 48 covers. A Full Inventory can be provided to seriously interested parties following viewing.

Tenure
Freehold with vacant possession

This property is sold subject to and with the benefit of all rights of way, whether public or private, and any existing or proposed wayleaves, servitude rights, restrictions and burdens of whatever kind, whether referred to in these particulars or not.

Energy Performance Certificate
To be confirmed

Legal Costs
Each party will be responsible for their own legal costs incurred in connection with this transaction.

In the normal manner, the purchaser will be liable for any Stamp Duty Land Tax, registration dues and VAT thereon. [Under the current Stamp Duty Holiday Residential properties up to 500,000 are exempt from Stamp Duty until 31 march 2021]

Value Added Tax
Any prices are exclusive of VAT. The property is understood to be elected to VAT. However, any intending purchasers must satisfy themselves independently as to the instances of VAT in respect of any transaction

Viewings
Strictly by appointment with the sole agents:

Edwin Thompson LLP
44-48 Hide Hill
Berwick-upon-Tweed
Northumberland
TD15 1AB

E-mail: s.sanderson@edwin-thompson.co.uk
Tel: 01289 304432


Categories

Commercial
Property reference
CP142421_4865630