Retail Property (high street) for sale

Market Place, Barnard Castle, County Durham, DL12

0 sq. ft. | £99,950

Property Description

Full description

POPULAR HIGH STREET CLOTHING SHOP - COUNTY DURHAM
Popular brands from Hunter, Jack Murphy and Toggi
Scope for more advertising to gain internet sales
Situated in the desirable town of Barnard Castle
Well established and highly regarded business
Currently run at a pace to suit
Ideal lifestyle opportunity
Genuine reason for sale
Walk-in condition
LEASEHOLD


Location

This exceptional business is located in the historic market town of Barnard Castle, County Durham. The town is the mains settlement in the Teesdale area and is well known as a popular tourist destination. Barnard Castle lies on the north bank of the River Tees, nearby towns such as Bishop Auckland to the north-east, Darlington and Richmond. The business is surrounded by a wealth of complementary high street businesses and residential properties allowing the business to benefit from passing trade. The business enjoys situated in the affluent tourists catchment area near by private and public schools, museums, fantastic NHS services, also near by a large amount of bars, restaurants, pubs and many other popular destinations. The town is easily reached via the A67 allowing easy access for tourists and visitors.


Business History

Meridian Business Sales are privileged to offer to the market this superb clothing shop which was established by our clients in 2009 and has been in careful hands ever since. The only reason our client is putting this excellent business on the market is due to a desire to re-locate. Since the business was established, our client has invested a large amount of time and money into the business and premises to the point where it is in full walk in condition. Our client has run the business at a pace which suits her lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our client informs us that they generate a respectable annual turnover with a gross profit margin of 30%+ which is derived from the sale of a wide selection of popular produce from top brands such as Jack Murphy, Toggi, Hunter, Sea Salt and many more allowing the business to become a bespoke and well know high street shop. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a fantastic opportunity to purchase a true lifestyle business in a large tourist destination and as such early viewing is strongly advised as this superb clothing shop is not to be missed.


Financial Profile

Gross Profit: 30%+


Tenure

Rolling leasehold


Opening Hours

Monday - Saturday: 9:00am - 5:00pm
Sunday: Closed


Accommodation

Double glass fronted and well signed high street positioned character property, briefly comprising:

BASEMENT
Large dry storage room

GROUND FLOOR
Secure entrance leading to:
Various eye catching window displays
Open plan retail area
Payment counter
Cash register
Counter displays
Mid room free standing display
Wall displays
Shelving/racking display

REAR
Shoe display area - a range of wall displays
Large changing area
Fully fitted kitchen
Toilet facilities

EXTERNAL
Communal car park near by

Nearest station

  • Bishop Auckland (12.7 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

  • Bishop Auckland (12.7 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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