Amble, Morpeth, Northumberland, NE65

LOCATION

Radcliffes Lodge commands a prime waterfront position with uninterrupted marina views – the most sought-after location in Amble, a thriving town on the stunning North-East coast of England. Just 28 miles north of Newcastle upon Tyne, the picturesque market town of Morpeth is also within easy reach, 14 miles to the south-west. Facilities in Amble Amble offers excellent regional connectivity via road, bus, and rail links. The town features comprehensive amenities, including major supermarkets and a diverse range of independent and national retailers. Reputable schools and childcare providers support the strong community, while a vibrant restaurant scene, renowned for its seafood and award-winning fish and chips, attracts both locals and visitors. Leisure facilities are well-served by the Amble Health and Leisure Club's pool and gym.

INVESTMENT HIGHLIGHTS

Freehold coastal property with multiple income streams Modern, low-maintenance building (constructed 2021) Boutique hostel (48 beds), 2 luxury apartments, and separately let café/bar & offices Remotely operated heating and door entry systems enable flexible, remote management of check-ins and check-outs Prime marina-front location in Amble, “the Friendliest Port" on England's North-East coast Current combined rental income: £43,152 pa (plus holiday let revenue) Scope to increase turnover through enhanced marketing and extended trading Guide Price: £2.75 million (VAT applicable).

THE PROPERTY

Radcliffe's Lodge, which was constructed in 2021, overlooks the Amble Marina and the Northumberland coast. It comprises a boutique hostel, communal lounge/kitchen, two self-contained three bedroom duplex apartments, a café/bar and offices. Each of the properties briefly comprise the following: Apartments The Apartments are known as Quay West and Hemmingways. Each of the apartments provides three bedroom duplex accommodation. The ground floor is an open plan kitchen/dining area/lounge with views over the Marina. The kitchen benefits from integral oven and hob and appliances. The first floor provides three generous double bedrooms with en-suite shower room to the master bedroom - there is a further shower room with shower, W.C. and wash hand basin. Each of the apartments benefit from a balcony off the living room with hot tub overlooking the Marina. Both apartments are decorated to a high standard and are complete with modern, good quality furnishings. The apartments are (truncated)

ADDITIONAL INFORMATION

The Lodge also benefits from a management office, laundry room and bike storage garage. The whole of the property, including the hostel and apartments, is heated by a single under-floor, gas fired central heating system. The heating system for each lettable part of the property can also be remotely controlled by a mobile app. The security system can also be remotely controlled. There is a passenger lift from ground, first and second floors. The bunk rooms, apartments and ancillary space extends to a Gross Internal Area of around 844.63 sq m (9,092 sq ft). There are a total of eleven on site car parking spaces and an electric vehicle charging point. The property has been designed to include remotely operated heating and door entry systems. This allows for the remote management of check-in and check-out, which offers a greater flexibility for the new owner Café/Bar & Offices Included within the sale is a separate self-contained café/bar with offices above. These parts of the (truncated)

PRICE

The freehold interest in the property is offered for sale at a guide price of £2.75m, to include the bunk rooms, apartments, café/bar and offices. The property is registered for VAT. The sale of the property may be able to be dealt with by way of a company transfer.

THE BUSINESS

The apartments and bunk rooms are currently let out as holiday rentals. They are popular with both families, couples, individuals and groups such as cyclists and walkers. It is currently operated by the owner with the assistance of three part time members of staff. Turnover and profit from the business could be increased by greater emphasis on marketing the accommodation more widely. PURCHASING CONSIDERATIONS Modern building constructed in 2021 Attractive location on the North-East coast Popular with visitors Stunning location overlooking the Marina and coastline Opportunity to increase turnover and profit with stronger marketing of the business Opportunity for new owners to either live on site or remotely

RATEABLE VALUES

The property is entered into the Rating List as follows: Radcliffes Lodge - Rateable Value £22,500 Café/Bar – Rateable Value £17,500 The Offices are listed under three Rateable Values, with a total Rateable Value of £6,225

EPCs

To be provided upon request.