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VIllage Shop / Sandwich Bar

Longhorsley £175,000 Leasehold (fees apply) REF: NE1614

Location

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.

Business

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.

Premises

Comprise a self-contained ground floor shop which forms part of a larger two storey property.

Ground Floor

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).

W.C.

Staff

Operated by our clients (2) with the help of part time staff.

EPC

Rating - TBC

Fixtures & Fittings

A full inventory would be made available to bona fide purchasers prior to an exchange of contracts.

Trading Hours

Monday - Friday            7.30am – 4.30pm

Saturday                       7.30am – 2.30pm

Sunday                         8.00am – 12 noon

Rates

The premises are assessed as follows:

Rateable Value £4,900 (2017 list)  

Rates free incentives subject to individual status.

Tenure

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.

                

If you'd like to know more about how we work, give us a call on 0191 487 8566, we're always happy to help.

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If you have something more specific in mind then please give us a call on 0191 487 8566, we're always happy to help.

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