LOCATION:The business is located on Briardale Road, in Blyth in highly densely populated residential area of Cowpen Estate on the east side of the town & also close by are local schools, places of worship. The estate lies just of Cowpen Road which is one of the main routes into Blyth town centre from the A189 Spine Road and the estate itself is around 2 miles west of the town centre. The town lies approximately 15 miles north east of Newcastle with good road links north and south
DESCRIPTION:
Comprises a self-contained ground floor retail unit with rear stores, forming part of a 3 storey detached property. In addition to the retail area there are large stores which are invaluable to any high-volume convenience store operation. The upper parts is a 5 bedroom with reception, fully modern fitted kitchen, family bathroom & 2 en-suites.
BUSINESS:
The business has been in our client’s ownership since 2000 and has been trading as a successful family run business for almost 20 years. The business has been placed on the market as our clients wish to plan for their retirement. The premises are extensive and benefit from a good quality shop fit with very little for any new owner to attend to on takeover.
PREMIUM:
£XXX Guide price for the benefit of the lease, fixtures, fittings and goodwill
RENTAL:
£XXX per annum
TERMS:
The property is available to let on a new 15 years lease on a full repairing and insuring basis for a term to be agreed subject to periodic rent reviews
TENURE:
£XXX Freehold
BUSINESS RATES:
Nil. However, all interested parties are encouraged to make their own enquiries with local authority
SIZE:
Approximately 7405 sq ft
OPENING HOURS:
Monday - Saturday 6:00 a.m till 10:00 p.m & Sunday 7:00 a.m - 9:00 p.m
STAFF:
Owner managed with 5 staff
UPPER PARTS:
The upper parts is a 5 bedroom with reception, fully modern fitted kitchen, family bathroom & 2 en-suites
TURNOVER:
We are advised that the yearly turnover is approximately £XXX per annum
ACCOUNTS:
Available on request
LEGAL COST:
Each party to bear own cost
LOCAL AUTHORITY:
Blyth
ENERGY PERFORMANCE CERTIFICATE:
Energy Performance Asset Rating is 72: C Rating. A copy of this property’s energy performance certificate is available on request
REFERENCE CHARGE:
London Properties charges a fee of £XXX plus VAT for taking up references for proposed tenants. This fee is non-refundable after the references have been taken up, whether they are accepted or not by the Landlord.
HOLDING DEPOSIT:
A holding deposit will be required to secure the property; the deposit will buy a period of exclusivity and will be held in the London Properties client account
FIXTURE & FITTINGS:
Any fixtures, fittings, equipment, machinery and plants which are shown within the details have not been tested unless specifically said and prospective purchasers and/or tenants should satisfy themselves as to the condition
AGENT NOTE:
London Properties for themselves for Lessors, Vendors and their agents, give notice that:-
1. These particulars provide a general outline only. It is advised that prospective purchasers or tenants make their own enquiries.
2. These details do not constitute any part of an offer or contract.
3. All statements or details contained within these particulars are without any responsibility on any part, to London Properties.
4. All rent prices, fees and charges are quoted exclusive of VAT
VIEWINGS:
Through London Properties by appointment only
Location
The business is located on Briardale Road, in Blyth in highly densely populated residential area of Cowpen Estate on the east side of the town & also close by are local schools, places of worship. The estate lies just of Cowpen Road which is one of the main routes into Blyth town centre from the A189 Spine Road and the estate itself is around 2 miles west of the town centre. The town lies approximately 15 miles north east of Newcastle with good road links north and south
Comprises a self-contained ground floor retail unit with rear stores, forming part of a 3 storey detached property. In addition to the retail area there are large stores which are invaluable to any high-volume convenience store operation. The upper parts is a 5 bedroom with reception, fully modern fitted kitchen, family bathroom & 2 en-suites.