Retail Property (out of town) for sale

Warren Square, Peterlee, County Durham, SR8

£75,000

Property Description

Full description

EXCEPTIONAL COMMERCIAL PROPERTY/DEVELOPMENT OPPORTUNITY - COUNTY DURHAM
Early viewing is essential to fully appreciate the redevelopment potential Massive scope to create a lifestyle business
Genuine reason for sale due to retirement
Situated in the small town of Peterlee
Leasehold option open to offers
Ideal partnership opportunity
FREEHOLD

Location
The property is situated in the market town of Peterlee which is in County Durham, in the North East of England. The town is located close to the coast, approximately 10 miles east of Durham City, 10 miles south of Sunderland, and 8 miles north of Hartlepool. The property is in a prominent position on a major main road, surrounded by a wealth of complementary businesses, residential properties, parking and travel facilities which are all beneficial for any business as this would generate much of its trade. Peterlee is easily reached through the A1(M) leading to the A19 giving easy access to tourists and visitors.

Business History
Meridian Business Sales are delighted to offer to the market this fantastic commercial property/development opportunity, which our clients are offering to the market due to their desire to take a well deserved retirement.

The premises is currently empty as the business is no longer trading. The premises used to be run as an Indian takeaway and with the right planning in place could be converted to be used for a variety of businesses such as:
• Restaurants
• Snack Bars
• Cafés, etc.

The previous business was turning over around £2,500-3,000 a week, therefore there is massive scope for a new hands on owner operator to create a lifestyle business and to increase trade in a relatively short period of time.

Meridian Business Sales urge early viewing on this property so as to fully appreciate the redevelopment potential and the competitive price being asked.

Financial Profile
Previous Turnover £2,500-3,000 a week

Tenure
We are advised Freehold
Leasehold option open to offers

Accommodation
Semi-detached commercial property (approx 1,500sqft) briefly comprising:

GROUND FLOOR

Reception

Waiting area

Hall way

Open plan space

Preparation area

Kitchen

Cooker

10 ring cooker

Tandoori oven

Various fridges and freezers

Cooking utensils

Prep counters

Nearest station

  • Seaham (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Seaham (5.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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