2-4 Riverside 2,032 SF 100% Leased Retail Building Felton NE65 9EA $568,676 ($279.86/SF) 7.04% Cap Rate

Freehold leisure investment - offers in excess of £425,000 (Four Hundred and Twenty Five Thousand Pounds) reflecting a net initial yield of 7.04% assuming standard purchasers
costs of 4.33%
The ground floor features the main coffee shop retail area, bakery, two dedicated kitchen areas, and customer seating. The first floor provides additional seating, a secondary kitchen, and public WCs. The second floor comprises office accommodation and storage space. There is access to the basement via the ground floor coffee shop through a
shared corridor, with additional independent access fronting Main Street.
Externally, the property benefits from a small front garden area utilised for additional outdoor seating. We estimate the current configuration provides a seating capacity of approximately 40 to 50 covers.