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Cafe Vault, Newgate Street, Morpeth Property for sale
Cafe Vault, Newgate Street, Morpeth
£25,000
Cafe Vault, Newgate Street, Morpeth
£25,000
Price History
| Initial price | £49,995 |
| 21/07/25 | £35,000 |
| 29/11/25 | £25,000 |
| Price Change | -49.99% |
Description
This well-established café business is located in the heart of Morpeth, a popular market town with excellent road and rail links. The café has a unique and quirky interior, with 24 covers inside and 6 outside, and features a lovely fireplace and vaulted seating area. The premises have a fully fitted kitchen and toilet facilities, and are close to a pedestrian access to the main town carpark and bus station. The business has been trading successfully for many years and is now available for sale, with accounts available to view by prior appointment. The leasehold premises are held for a term of 10 years from December 2023, with a current passing rent of £20,000 per annum. This is a rare opportunity to purchase a established business in a central location, and must be viewed to appreciate its full potential.