Berwick-Upon-Tweed, Northumberland TD15 1QY, UK
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Agents think: £190,000 1 agent(s) valuations found
HPI banks think: £NaN
Bruce & Company Agent Valuation of this property is £190,000
Reference - 44587
The Red Lion is a busy business which has been run by the current vendors since 1989. The business trades throughout the year on a wet sales only basis. The business has built up a loyal clientele, benefiting from an enviable location within a residential area of Spittal. The business is being sold due to the vendors wish to retire
The Red Lion occupies an enviable position on main street in Spittal, Berwick upon Tweed.
Berwick upon Tweed is a town in the county of Northumberland. It is the northernmost town in England. It is located 2 1/2 miles south of the Scottish border, at the mouth of the River Tweed on the east coast. It is about 56 miles east-south east of Edinburgh.
The business is surrounded by both commercial and residential properties.
The Red Lion is a traditionally built terraced property set over three floors. The property dates back to 1810 and occupies an enviable location within Spittal Main Street.
The main entrance is from the front via traditional timber door. The entrance to the bar is to the left. On entering the public bar. The bar is located to the right. The bar is of traditional construction benefiting from an overhead gantry and mirror gantry to the rear, displaying a large selection of spirits. The public bar is well presented and comes fully furnished with wooden tables, chairs and bar stools. The public bar can accommodate 50 persons. To the rear of the public bar, you will find the lounge/function suite. The lounge is again well presented and benefits from its own bar and entrance off the reception hallway. The lounge bar offers an excellent area for private functions. The lounge is well presented and again comes fully furnished with seating for 75 persons.
Ladies and Gents facilities are well situated off the public areas
The Red Lion is now ran to suit the owners needs and as such now trades from 1900-0000 Monday to Friday, 1130-0100 Saturday and 1200-0000 Sundays.
The owners accommodation is located above the public areas, and is set over two floors. On the first floor you will find, 2 double bedrooms and a single bedroom. Also located on the first floor you will find a family bathroom, large lounge of 16’x 16’ together with a large dining kitchen of 24’x 12’. The kitchen gives way to a roof terrace via double glazed door. The roof terraced is completely fenced off, giving a secure outdoor space.
On the second floor you will find an additional three double bedrooms and a shower room.
The owner’s accommodation offers spacious family living, or presents an ideal opportunity to offer bed and breakfast accommodation, as has been previously done by the current vendors.
The front of the property is straight to street with ample on street parking. To the rear, there is a small courtyard area for patrons.
We have been advised that all mains services are fitted. The business benefits from a cellar, manager’s office and ample storage.
The property is held on the English equivalent of freehold
Full trading Figures will be made available after a formal viewing has taken place
The sale of The Red Lion offers a great opportunity to purchase a well established business. The business benefits from an excellent location in the town of Spittal. Viewing is highly recommended
Offers over of £190,000 are sought for the freehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.
Should you require further information on this or any other property, please do not hesitate to contact