The property is located on Owton Manor Lane and forms part of a busy secondary shopping area serving a densely populated residential area. This is the main road and bus route running through the estate and there is also pull in car parking to the front of the shops.
This opportunity comprises a long established business which has been in the clients’ ownership for over 35 years but is being placed on the market as they wish to retire. The premises offer a spacious retail area together with stores to the rear with access for vans and deliveries.
The premises are in good order and are fully fitted and equipped for the trade with very little for any new owner to attend to on takeover. There are extremely high levels of captive trade from the local residents, schools, workers and other local shop occupiers and the busy road also generates a certain level of passing trade. There is scope for a new owner to extend the retail area by incorporating some of the stores to the rear and this would appear to be a relatively straightforward process.
To the first floor there is a spacious 6 bed flat which has is in excellent order and currently occupied by our client. The accommodation would be ideal for a new owner but alternatively could be split to provide 2 separate 3 x bed flats, each with independent access.
Comprises an end terraced two storey property with ground floor retail shop and separate residential dwelling.
Retail Area 159 m² (1,710 ft²).
Stores 186 m² (2,001 ft²).
Lounge x 2
Bedrooms x 6
Bathrooms x 2
Shared car parking and delivery area
EPC - Rating C. Document available on request.
This will be provided to interested parties by our client once viewings have taken place.
Monday – Friday 8.00 am – 10.00 pm
Saturday 9.00 am – 10.00pm
Sunday 10.00 am – 10.00pm
The business is currently operate by our client with the help of 2 part time members of staff.
Mains electricity, gas, water and sewerage services are connected to the property.
The premises are assessed as follows:
Rateable Value £12,750
Rates incentives subject to status.
Freehold subject to confirmation.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.