Freehold Newsagent and Convenience Store For Sale

Business description

Bag a Business Ltd is delighted to offer for sale this popular community newsagents and convenience stores with excellent family accommodation. Built in 1951 this well-established business has been in our clients' hands for the past 24 years, and is only now being placed on the market due to their well earned retirement. With significant further housing developements in the near future, this busy shop has huge scope for possible retail expansion and extended opening hours. Early viewing is strongly recommended to fully appreciate this fabulous opportunity.

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Property information

Property:

Freehold

Lease terms:

We are advised by our client that the residential aspect of the property is Freehold. However, the shop itself is held on a short Leasehold basis with a rental of £2,600 per annum.

Remaning length: 10 years.
Review every: 4 years.
Rent: £2,600 per annum.

Additional Information
The aking price of £215,000 includes property at the price of £160,000 Freehold and the business at £55,000 + SAV Leasehold.

Living accommodation:

Two-storey brick built property with full double glazing. Briefly comprising of: Ground Floor • Shop area, well fitted with range of display units. • Retail counter. • 2 fridges. • Shelving. • Store room. • W/C and washroom. • Fully fitted kitchen. • Lounge. First Floor • Master bedroom. • 2 double bedrooms. • Single bedroom. • Bathroom. • Seperate W/C. External • Gardens to front, rear and side. • Garage (currently used for storage). • Private drive for 3 cars. • Ample street and off street parking.

Location:

Northallerton is situated in North Yorkshire, in the Vale of York, close to the City of York and surrounded by the stunning natural beauty of the Yorkshire Dales National Park and the Yorkshire Moors National Park. Northallerton is a busy market town, which is the administrative centre of North Yorkshire. Northallerton is well located on the main East coast London to Edinburgh railway line and just off the busy A1(M) trunk road and A19. Cravens Foodstore occupies a prime trading position on a corner plot at the heart of a densely populated and growing residential area just outside the town centre.

Other information

Trading hours:

7 days a week.