Summary - MILK CHURN COTTAGE, TOWN FOOT, HAWES DL8 3NH
1 bed 1 bath Commercial Property
Established lifestyle business with accommodation and immediate availability.
Prime town‑centre shop location with strong tourist footfall
A rare, compact mixed‑use opportunity in the centre of Hawes, trading as The Alchemist’s Cottage with all stock, fixtures and fittings included. The ground floor is a well‑presented retail unit with solid footfall next to the play park and museum; upper floors provide three‑bed owner accommodation and a south‑facing garden with open views. The business has traded since 2019 and currently achieves circa £70,000 gross annual turnover despite limited opening hours.
This is primarily a lifestyle business or small investment with clear upside: extend trading hours, expand online/wholesale sales and increase local events attendance to grow revenue. The premises are in excellent decorative order, have full double glazing, oil central heating with a modern Hive system, and immediate availability.
Material cautions are significant and must be considered. The property is leasehold with only six years remaining — many mortgage lenders will refuse lending on short leases. The site also records a high flood risk. Construction is historic stone with likely no wall insulation, and heating runs on oil, which may be costlier and subject to supply considerations.
For an investor or owner‑operator comfortable with lease renewal or purchasing cash, this offers an established trading position in a very affluent, low‑crime National Park market town, with tangible growth potential if trading hours and online presence are expanded.
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