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Retail Unit with House

Evenwood £215,000 Freehold REF: NE1669

Location

Evenwood is a pleasant village situated approximately 3 miles to the south west of Bishop Auckland and is easily found from the A688 which runs towards Barnard Castle. 

The business is located on the main road running through the village and enjoys a monopoly position with the benefit of ample on street parking. The immediate area comprises mainly residential housing and there are good levels of both captive and passing trade.

Business Opportunity

This opportunity comprises an established business location which traded as busy convenience store until personal circumstances led to its closure.  We are verbally informed that turnover has been in excess of £350,000 per annum.

The premises offer a spacious retail area and there are high levels of potential trade from the local residents and workers.  The main road position also generates a certain amount of passing trade, particularly as there is ample free on street parking directly outside the shop.

The living accommodation is laid out over both the ground and the first floors and provides a large 3 bedroomed residential space for any new owner to occupy.  Viewing is recommended to appreciate this rare opportunity and the available residential accommodation with garden.

Property

Comprises an end-terraced two storey property with retail shop and living accommodation.

Ground Floor                      

Retail Area                           48.3 m² (520 ft²) with sales counter, shelving, card racks, double chiller, beer chiller, ice cream fridge and CCTV system.

Living Accommodation

Dining Room / Kitchen     14.3 m²  (154 ft²)

Lounge                                 16.9 m²  (182 ft²)

Utility                                     3.9 m² (42 ft²)

First Floor

Bedroom 1                           11.4 m²  (123 ft²)

Bedroom 2                           14.1 m²  (152 ft²)

Bedroom 3                           17.2 m²  (185 ft²)

Bathroom                             5.9 m² (64 ft²) with shower, W.C., bath and wash hand basin.

External

Large Private Garden       with potential to develop.

Garage

Former Trading Hours

Monday - Saturday                              5.00 am - 9.00 pm

Sunday                                                  8.00 am - 8.00 pm

Services

Mains electricity, gas, water and sewerage services are connected to the property.  There is double glazing and gas central heating throughout the property.

Rates

The property is assessed as follows:

Rateable Value     £4,450

Rates free incentives are available subject to status.

Council Tax Band A

EPC Rating

Shop Rating - D  Flat Rating - D

Tenure

Freehold Guide Price for the fixtures, fittings and freehold interest is £215,000.

Viewing

Strictly by appointment with this office.

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.

 

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

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