Angel Of The North Fishing Lakes, Bassets Lookout, Northside, Birtley

Bassets Lookout

Bassetts Lookout is a three bedroom bungalow overlooking the smallest of the fishing lakes. The house is conveniently located adjacent to all of the business facilities, but it’s position on the site gives it a level of privacy. The bungalow is very well proportioned and consists of a large living room, kitchen, utility room, three bedrooms with one ensuite and a family bathroom. There is also a cellar accessed from the living room and a large conservatory. Accessed from main the hallway, the living room has french doors leading to a patio area and has a multi fuel burner set in a large stone fireplace. The kitchen is fitted with white high gloss wall and floor units and complimentary black granite worksurfaces. A large central island incorporates an LPG hob, a modern wooden breakfast bar and there are two electric ovens, a microwave and an American style fridge/freezer, all fully integrated. A sink with mixer tap overlooks the garden. At one end of the kitchen there (truncated)

The Lakes and Fishing

The coarse fishing business was started in 2004 and the three lakes, approximately 6 acres of water in all, were stocked with circa £225,000 worth of Silver and Carp varieties across the three lakes known as Lookout Lake, Bowes Lake and Bassets Lake. The lake area and associated buildings, including grassed areas and parking areas measure 15.27 acres, as indicated in blue on the sale plan. Bassets Lake has 14 fishing pegs, with two pegs having facilities for disabled users and is stocked with 50% Carp and 50% Silver varieties. Bowes Lake has two island features, and a none fishing sanctuary. Stocked with 70% Carp and 30% Silver varieties it has 40 pegs. The largest of the lakes is Lookout Lake offering 51 pegs and approximately 50% Silvers and 50% Carps. There is an opportunity to develop this part of the business further by allowing longer fishing days. Currently admission to the lakes restricted to before 12 noon. Further details of fishing methods and facilities on (truncated)

The Livery Business

STABLE BLOCKS The livery is mainly run on a DIY basis and livery clients pay for basic stable rental which includes the use of water and electricity. Full livery is offered on an individual basis as required. There are two main stable blocks, plus a barn fitted out with further stables to make a total of 38 stables. Further detail is provided on the building plan included with these details. All of the stable blocks have a water supply inside the block, or very near and there is an electricity supply providing lighting to all blocks. The livery blocks and associated areas measure 1.06 acres as indicated in yellow on the sale plan. ARENA Adjacent to the stable blocks there is an all-weather, rubber and sand surfaced arena which is fenced with post and rail fencing. LAND The land is in a ring fence surrounding the stable blocks and consists of 33.93 acres of grassland, as indicated in red on the sale plan. Geldings and mares have separate paddocks and grass is managed (truncated)

The Busines Opportunity

The Fishing Lakes and Livery Business is for sale as a whole and the Sellers wish to include all of the property, all stock, all fixtures and fittings and most of furniture currently in the bungalow and staff accommodation. They are however happy to remove furniture should any potential buyer not wish to include it in their purchase. The following equipment is also included so that any Buyer can operate the business from the first day: Kabota grass cutter with front loading shovel. Honda Quad bike and trailer The business employs one full time manager and one casual staff member who resides in the flat above the retail unit. It is expected that these staff would transfer with the business under the TUPE (Transfer of Undertakings (Protection of Employment) Regulations 2006. Potential Buyers should seek clarification on this issue from their own legal representative. Accounts from year ending April 2022 and April 2023 are available to view. Year ending April 2024 will (truncated)