The Sycamore Tree, 40-42 Bridge Street, Longtown, CA6

For Sale £250,000

3 2
For Sale By Online Auction. Starting Bid £250,000. Terms and Conditions Apply.

Two fully operational businesses for the price of one!

1. A busy cafe/restaurant with 32 covers and a fully fitted commercial kitchen.
2. A successful bed and breakfast operation with two lovely, en-suite bedrooms.

The owners are retiring and this is a fantastic opportunity to purchase this thriving, combined business in a freehold building, for less than the cost of a semi-detached house. Located in the market town of Longtown, close to the Scottish border, the main tourist route from Edinburgh to the Lake District passes straight by the door. The cafe benefits from lots of local and passing trade, as well as from holidaymakers using the local caravan sites.

The letting rooms are of an exceptionally high standard, each with luxurious en-suites. The owners live nearby in the town and there is also the potential to return the letting rooms back to their former use, as first floor living accommodation.

All fixtures and fittings for both businesses are included in the sale.

Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of £6,000 including VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

Cafe 7.70m (25' 3') x 4.40m (14' 5')
Kitchen 1 4.70m (15' 5') x 4.30m (14' 1')
Kitchen 2 3.40m (11' 2') x 3.30m (10' 10')
Bedroom 1 4.60m (15' 1') x 4.40m (14' 5')
This room was formerly the kitchen for the flat above the cafe

Bedroom 2 3.70m (12' 2') x 4.40m (14' 5')
This room was formerly the lounge for the flat above the cafe

Bedroom 3 4.70m (15' 5') x 3.00m (9' 10')
  • Licenced Cafe
  • Two Letting Bedrooms
  • Sale Includes all Fixtures and Fittings
  • Freehold Property with Massive Potential
Floorplan for The Sycamore Tree, 40-42 Bridge Street, Longtown

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