The Running Fox, Riverside, Felton, Northumberland
Size
2,032
Tenure
Freehold
EPC
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Parking
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- Primary use
- Cafe
- Other use(s)
- Restaurant, Cafe
No floor / site plan
Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Cafe
- Kitchen
- Restaurant
Key features
- Located in a highly desirable Northumberland location
- Attractive stone building overlooking the River Coquet in picturesque village
- Two brand new leases recently agreed demonstrating tenant commitment to the building
- 87% of the income from the highly regarded The Running Fox Bakery
- Fully let with total passing rent of £31,200 per annum
- WAULT of 5.22 years to expiry, with no breaks
- VAT free investment
Description
This is an exceptional opportunity to acquire a detached freehold leisure investment located in a highly desirable and picturesque Northumberland village. The property is an attractive stone building prominently overlooking the River Coquet. It is fully let across two brand-new leases to established local operators, demonstrating significant tenant commitment. The highly regarded Running Fox Bakery accounts for 87% of the total income.
Location and Situation
Felton is a sought-after historic village strategically situated approximately 10 miles south of Alnwick and 24 miles north of Newcastle upon Tyne. The property occupies a commanding corner position on Main Street and Riverside, directly opposite the Northumberland Arms public house, which drives substantial local footfall. Ample free on-street parking is available immediately fronting the premises.
Accommodation
The building comprises approximately 2,032 sq ft (188.8 sq m) of well-appointed space across four levels:
Ground floor features a main coffee shop retail area, bakery, two kitchens, and customer seating. First floor provides additional seating for approximately 40 to 50 covers (total), a secondary kitchen, and public toilets. Second floor includes dedicated office and storage accommodation. Basement houses a specialised micro-brewery and pub area with both internal and independent external access. Externally there is a small front garden currently utilised for outdoor customer seating.
Tenancy Information
The Running Fox Bakery: Let on a new 5-year and 5-month lease from December 2025 at a rent of £27,000 per annum. The operator has multiple successful locations throughout Northumberland.
The Foxes Den Micro Brewery: Let on a new 5-year and 4.5-month lease from October 2025 at a rent of £4,200 per annum. The total passing rent is £31,200 per annum with a WAULT of 5.22 years to expiry and no break options. Both leases are held on effective Full Repairing and Insuring (FRI) terms.
Tenure & VAT
The property is held Freehold under title number ND151829. We understand the property is not elected for tax.
EPC
The property has an Energy Performance Certificate rating of C.
Proposal
We are instructed to seek offers in excess of £415,000 (Four Hundred and Fifteen Thousand Pounds). A purchase at this level reflects a Net Initial Yield of 7.21% after standard purchaser's costs of 4.27%
- Service charge
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- Business rates
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- Use class
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- Listed building
- No
- Floors in building
- 3
An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Brochure
The Running Fox, Riverside, Felton, Northumberland
About Delta Capital Property Investment Limited, Newcastle Upon Tyne
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Disclaimer - Property reference DC00023. 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 Delta Capital Property Investment Limited, Newcastle Upon Tyne. 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.