The premises are located in the centre of this pleasant and sought-after village, approximately 7 miles north west of Morpeth.
The village is on the A697 which runs from the A1 up towards the Borders through Wooler and Coldstream and is a popular route linking the A68 with the A1. The village has a pub and a school and is a popular address with a broad range of residents.
This is a long established and highly reputable business which has been in our clients’ ownership for the past 12 years. The business has been placed on the market as our clients wish to retire.
The premises are relatively compact and are currently configured to provide a waiting and service space but with a good size prep area to the rear. The village store offers a range of convenience goods, including alcohol, plus newspapers and magazines for both local residents and passing trade. The food offers a broad range of hot and cold drinks together with high quality sandwiches, pies and savouries. There is scope to develop the menu as the shop has a walk in cold store, and also to extend the trading hours into the evenings.
This is a rare to the market opportunity with high profits and further potential to grow in the right hands.
Comprise a self-contained ground floor shop which forms part of a larger two storey property.
Retail Shop - circa 530 sq.ft. (49.3 sq.m.).
Prep Area 1 - circa 172 sq.ft (16.1 sq.m.).
Prep Area 2 - circa 202 sq.ft. (18.8 sq.m.).
Office - circa 104 sq.ft. (9.7 sq.m).
Operated by our clients (2) with the help of part time staff.
Rating - TBC
Fixtures & Fittings
A full inventory would be made available to bona fide purchasers prior to an exchange of contracts.
Monday - Friday 7.30am – 4.30pm
Saturday 7.30am – 2.30pm
Sunday 8.00am – 12 noon
The premises are assessed as follows:
Rateable Value £4,900 (2017 list)
Rates free incentives subject to individual status.
We are verbally informed that a new lease would be available at terms to be agreed. The rent will be in the region of £7,000 per annum but further information would be available on request.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations, the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.