The Spittal Promenade site includes a large car park and an amusement arcade, presenting a unique opportunity for an investor to buy a key feature of the Berwick upon Tweed coastline.
The purchaser has the choice to acquire the 0.65 acre site and continue to run the successful beach-side arcade business or to develop the property into a new venture, subject to necessary planning permission.
The property is available to purchase through leading North East chartered surveyors and estate agents Bradley Hall. Matt Hoy, Northumberland area manager for Bradley Hall, said: “Opportunities like the chance to develop a property or purchase a business in such a sought after location are very rare. The views are fantastic, it is based within the popular tourist attraction of Spittal beach and benefits from a high footfall.
“The family owned arcade has successfully been in business for over 30 years, and company information is available upon request for those who are interested in continuing in operating it as is. Otherwise, there are plenty of opportunities to develop this property into a new viable business.”
The arcade and accompanying land is based south of the popular tourist town of Berwick, which is currently benefitting from increased inward investment, resulting in further job opportunities, businesses and residential housing developments.
The popular tourist attraction is just south of the Scottish border, one mile east of Tweedmouth, and less than half a mile away from the East Coast Main Line. The A1 is also within close proximity for those travelling to and from the area for day trips and visits.
Built in 1928, the arcade is constructed in solid brick and has a pitched slate roof, with a ground floor size of 4,983 sq ft.
The property is available by way of a freehold for offers in the region of £425,000. For further information, please visit www.bradleyhall.co.uk or call the Alnwick office on 01665 605 605.