£150,000
Property for sale14 Queen Street, Amble, Northumberland NE65
Freehold
About this property
Prominent Queen Street retail investment in coastal Amble
Ground floor unit with basement 70 sq. M. (762 sq. Ft.)
Rental income £11400 per annum
Attractive 7.6 % yield
Lease until May 2030 no break clauses
On street parking
Recently refurbished with significant capital investment
Prominent Queen Street retail investment in coastal Amble. Ground floor unit with basement 70 sq. M. (762 sq. Ft.). Rental income £11,400 per annum. Attractive 7.6 % yield. Lease until May 2030, no break clauses. On street parking. Recently refurbished with significant capital investment.
Price £150,000 Freehold
Ref I453
Location
Amble known as 'The Friendliest Port' is a popular North East waterfront town which hugs the River Coquet Estuary at the southern gateway to the Northumberland Coast Area of Outstanding natural beauty. With a sizeable local community enjoying all year round tourism. Queen Street is a main thoroughfare and the main trading location in the town.
Description
An excellent opportunity to acquire a well-presented and income-producing retail investment prominently positioned on Queen Street, within the popular coastal town of Amble.
The property comprises a ground floor retail unit with ancillary basement accommodation, forming part of a traditional two-storey stone-built terrace beneath a pitched slate roof. The ground floor extends to approximately 47.84 sq. M. (514.94 sq. Ft.) and provides an attractive open-plan cafe area, together with storage and WC facilities. A useful basement of approximately 23.03 sq. M. (247.89 sq. Ft.) offers additional storage space.
Externally, the property benefits from a charming rear courtyard, which has been thoughtfully developed into a south-facing outdoor seating area. This sun trap has undergone extensive structural improvements, including high-quality rendering, stonework, and pointing professionally completed by a master stonemason to a high specification before the tenant completing a tasteful cosmetic finish to create a tranquil and inviting setting.
The premises are currently let to Gracy’s Coffee Lounge and Eatery, a highly successful and award-winning café that enjoys strong local support as well as consistent tourist trade. The tenant has invested significantly in a high-quality fit-out, complementing a comprehensive refurbishment undertaken by the landlord in 2022/23, with total recent capital expenditure understood to be in the region of £100,000.
Investment Summary:
Current passing rent: £11,400 per annum. Lease term: 7 years expiring May 2030 (no breaks). Let to a strong and established independent operator.
This is a rare opportunity to acquire a secure, low-maintenance retail investment in a sought-after Northumberland coastal location, underpinned by a thriving tenant and significant recent improvements to the property.
Tenure
Freehold
Price
£150,000
Viewing
Strictly by appointment through this office.
Rateable Value
The 2026 Rating List entry is Rateable Value £8,700
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
Price £150,000 Freehold
Ref I453
Location
Amble known as 'The Friendliest Port' is a popular North East waterfront town which hugs the River Coquet Estuary at the southern gateway to the Northumberland Coast Area of Outstanding natural beauty. With a sizeable local community enjoying all year round tourism. Queen Street is a main thoroughfare and the main trading location in the town.
Description
An excellent opportunity to acquire a well-presented and income-producing retail investment prominently positioned on Queen Street, within the popular coastal town of Amble.
The property comprises a ground floor retail unit with ancillary basement accommodation, forming part of a traditional two-storey stone-built terrace beneath a pitched slate roof. The ground floor extends to approximately 47.84 sq. M. (514.94 sq. Ft.) and provides an attractive open-plan cafe area, together with storage and WC facilities. A useful basement of approximately 23.03 sq. M. (247.89 sq. Ft.) offers additional storage space.
Externally, the property benefits from a charming rear courtyard, which has been thoughtfully developed into a south-facing outdoor seating area. This sun trap has undergone extensive structural improvements, including high-quality rendering, stonework, and pointing professionally completed by a master stonemason to a high specification before the tenant completing a tasteful cosmetic finish to create a tranquil and inviting setting.
The premises are currently let to Gracy’s Coffee Lounge and Eatery, a highly successful and award-winning café that enjoys strong local support as well as consistent tourist trade. The tenant has invested significantly in a high-quality fit-out, complementing a comprehensive refurbishment undertaken by the landlord in 2022/23, with total recent capital expenditure understood to be in the region of £100,000.
Investment Summary:
Current passing rent: £11,400 per annum. Lease term: 7 years expiring May 2030 (no breaks). Let to a strong and established independent operator.
This is a rare opportunity to acquire a secure, low-maintenance retail investment in a sought-after Northumberland coastal location, underpinned by a thriving tenant and significant recent improvements to the property.
Tenure
Freehold
Price
£150,000
Viewing
Strictly by appointment through this office.
Rateable Value
The 2026 Rating List entry is Rateable Value £8,700
As the rv is below £12,000, occupiers for whom this property forms their sole trading premises will not pay business rates. We advise to seek verification of the above from the Local Rating Authority.
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Monthly repayment
£750 per month
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