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Hospitality facility for sale

High Street, TS9

£75,000

£26.41 per sq ft

Business rates & charges may apply

Parker Barras, Teesside
SIZE AVAILABLE

2,840 sq ft

264 sq m

SECTOR

Hospitality facility for sale

USE CLASSUse class orders: A3 Restaurants and Cafes and A4 Drinking Establishments

A3, A4

Key features

  • Hugely Popular Venue For Sale
  • Operating As Cafe / Bar
  • Full Alcohol License
  • Large Open Garden At The Rear
  • Grade 2 Listed Property Rich In History
  • Tenant Will Be In Receipt Of Rent Immediately

Description

The Poorhouse - 105 High St, Great Ayton, Middlesbrough TS9 6NB

Parker Barras are delighted to offer The PoorHouse Great Ayton to the market, a unique cosy cafe / bar offering in the heart of Great Ayton.

Situated at 105 High Street the business resides in a lovely Grade 2 listed building which has been expertly converted to suit the needs of the business. The property is overwhelmingly historic dating back to before the 1700's and most notably being the building where Captain James Cook went to school before eventually being converted to a poor house, the name being a homage to that time.

Having been trading for over 6 years the business is a hit with locals .The morning sees this venue operate as a cafe, service cakes, pastries etc. By evening the venue changes slightly offering alcoholic beverages and stone bakes pizzas cooked in the rear garden area. Sales of alcoholic beverages are not only permitted to these times with the venue being licences from 12pm every day until late.

Internally the property is composed of a large seating room to the left upon arrival, and the right offers a more intimate seating area around the original fire place alongside the bar area and access to the garden. Out into the garden there is seating for up to 30 people and possible more in the summer, alongside a prep area and a disabled Wc, this is the ultimate sun trap in the summer and customers flock for the best spot.

There is 2 staircases in the property, the left hand side stairs takes you to a clothes shop which currently leases that first floor space for £700 per month, a purchaser of this business would be the beneficiary of this rental income. To the right just past the fireplace it leads another section of first floor which is used as another seating area and another customer Wc. Internally there is seating for up to 70 people.

Finally the top floor which is a converted loft space has been fully converted into a prep area for businesses food offerings with further space here for storage.

Internally the property measures 2,134.09 SqFt

Overall this is a fantastic opportunity to acquire a popular venue in the heart of Great Ayton which is staff ran and has loads of scope for improvement by increasing trade from 5 days a week to 7 and further tapping into the 4,200 Facebook followers the venue has.

The business will be granted a new lease at a price of £35,000 per annum on a lease term to be agreed.

Rateable Value - £17,750

Trading figures are available upon request.

No direct approach is to be made and all viewings are via Parker Barras

For Sale - £75,000

High Street, TS9

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Great Ayton Station0.8 miles
  • Battersby Station2.7 miles
  • Kildale Station2.8 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.

Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.

Parker Barras charge absolutely no upfront fees and offer a free no obligation market appraisal.

Notes

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Disclaimer - Property reference 224069649. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Parker Barras, Teesside. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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