Retail premises for sale in Spennymoor, Co. Durham DL16

POA
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Excellent location
  • 2 bed residential accommodation
  • Weekly Turnover £7,000 approx.
  • Viewing highly recommended

Property description

Reference - 47229

Description
This is an excellent and very rare opportunity to purchase a well-established newsagents and general store.

The business occupies a prominent main road trading position in Middlestone Moor, Spennymoor, Darlington. The property lies across the road from 300 new builds, with work starting imminently.

This fantastic newsagents and general store is located on a main road plot at the very heart of the area and within a large number of quality residential dwellings.

Having successfully operated in the area decades, this highly renowned business has earned excellent reputation for offering newspapers, magazines, cards and all manner of general goods always come with a warm, friendly and a very local service. The business therefore enjoys an extensive and loyal customer base attracting repeat trade from the immediate vicinity and beyond.

The business operates from a highly visible detached shop premises with good sized retail area, 2 bedroom accommodation, large rear garden area, all presented to a very high standard with an excellent range of fixtures and fitting to go with the sale.

Middlestone Moor Newsagents is a thriving and lucrative business with great potential for potential buyers and is currently being run by the owners and is an essential piece within the local community.

The business offers all manner of general goods, offered to the local community and the passing trade. This business operates 7 days of the week.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or family that have the opportunity to extend and add to the stock already on offer at this excellent business.

These enhancements will undoubtedly increase the already impressive weekly sales whilst also enabling the additional staffing levels to be kept to a minimum therefore maximising the overall profitability.

This is a first class, high turnover, rare business opportunity with

Sales
Weekly Turnover £7,000 approx.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday - Friday 6am – 8pm
Saturday 7am – 8pm
Sunday 8am – 1pm 4pm – 8pm

Staff
Currently run by the owners.

Building External
The business trades from a detached premise occupying a prominent main road position in the area.

The main trading area is located at the front with storage to the rear.

There is an owner’s residence above the business. There is a large garden area to the rear.

Building Internal
The main serving for the business is located, to the rear upon entrance to the store. There is a good sized retail area covering the length and breadth of the single fronted store that comes with an excellent array of display shelving.

Residential Accommodation
Access to the residence is through the business with a kitchen also on the ground floor.

Upstairs you will find a family bathroom and 2 good sized bedrooms and living area.

Tenure
We are advised that the property and business comes to market as a Freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
A fantastic and very rare opportunity to, purchase a highly profitable business with terrific potential for future growth and improvement.

A viewing is highly recommended.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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