Location
This business opportunity is situated within the grounds of Craster Tower, just on the outskirts of this extremely popular coastal town circa 8 miles north east of Alnwick
Craster is one of the most popular villages along this part of the Northumberland Coast and draws visitors from all over this country and beyond. Located within an area of outstanding natural beauty, Craster provides a good base for walkers, cyclists and birdwatchers and is a genuine tourist “hotspot”.
Business
A business has been trading from this site for approximately 10 years and is a hybrid offer comprising a café with gifts plus a small garden centre element. The current owners took over in 2017 and have developed the food offer, with an emphasis on home-made and locally sourced produce.
The premises are in good order and the owners have invested over £10,000 in the last two years installing a new roof, new kitchen and new florring. There is a service and dining room together with a well-equipped kitchen space plus a retail display area for the selection of gifts. There are around 20 internal covers but externally there is probably space for another 50 via a selection of tables and chairs.
There is on-site parking but also still ample space left for the garden centre and some display areas. Whilst the nursery is not strongly promoted at the moment, there is huge potential for a new owner to take this element forward.
The location attracts a broad cross section of customers but even in the winter months there is still good trade from the regulars and local residents. This is a rare to the market opportunity and viewing is recommended to fully appreciate the potential for new owners.
Premises
Comprises an extensive single storey building within its own self-contained site. Accommodation;
Ground Floor
Service / Dining Room 58m2 625ft2
Kitchen 8m2 86ft2
External
W.C.
Garden Nursery
Car Parking
Current Trading Hours (permitted to trade longer)
Tuesday - Saturday 10am – 4pm
Sunday & Monday closed
Staff
Currently operated by the owner with the help of 3 part time members of staff.
Fixtures & Fittings
A full inventory would be available to a bona fide buyer.
Rates
The premises are assessed as follows:
Rateable Value £2,900
Rate free incentives subject to individual status
Tenure
The premises are held on a 10 year lease from 2022 at a passing rent of £7,500 per annum. There is a rent review and mutual break clause at the 5th anniversary.
EPC
Rating E.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
