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Get brand editions for Addisons Chartered Surveyors, Barnard Castle
COMMERCIAL

Galgate, Barnard Castle, County Durham, DL12

Offers in Excess of
£150,000
Addisons Chartered Surveyors, Barnard Castle
PROPERTY TYPE

Shop

SIZE

Ask agent

Key features

  • Business for Sale
  • Premises on 10 Year Lease
  • Well Respected Clothing Business
  • Ideally Located with Barnard Castle
  • Popular with Locals and Tourists
  • Parking Close By
  • Website and Online Shop
  • Ground Floor & First Floor Sales
  • Separate WC & Store
  • Large Window Display

Description

A rare opportunity “To Purchase” this most profitable and respected outdoor pursuit clothing business, leasing the premises on a 10 year lease.


This very lucrative business is ideally positioned on Galgate with parking and bus stops being close at hand. Enjoying a high volume of footfall from shoppers and visitors to the bustling tourist destination of Barnard Castle.



The shop has a large window display and utilises all the floor space to both floors, being well maintained and fitted out to suit its trade.

The business operates 6 days a week with potential for 7 days a week trading generating a good turnover with good profits and is only now offered to the market due to retirement. Our client has traded in the town for 35 years, 15 of which have been at the current location.

This is a successful and well respected local business which has a loyal client base with a high volume of repeat trade and tourist trade.

The business has its own website with online shops on Amazon and Ebay.

Shop Premises Comprise:

Large display window
Ground floor entry to main shop floor sales area 43.1m².

First floor sales area 32.41m²

Separate WC/Store 2.66m x 1.92m

Office Store 3.29m x 3.13m

TERMS


The business is proposed to be leased on a 10 year, fully insuring and repairing lease to be formed under the Landlord and Tenant Act 195. A rent of £15,000 per annum, payable monthly in advance with a rent review every 3 years.

The business will be purchased at a valuation figure of “Offers Over £150,000”.

The stock will be purchased at valuation as at the date of takeover. Stock varies from year to year; we will be able to provide estimates depending of the time of year for the takeover.


Copies of the accounts can be made available from the accountants to seriously interested parties.

Accountants reports of multiple years trading, profit and loss accounts will be available to serious parties once initial negotiations have been undertaken.

VIEWING
Stricty by appointment through the selling agents Addisons Chartered Surveyors opt 1.

SWN/BJC20.5.22








Energy Performance Certificates

EPC

Galgate, Barnard Castle, County Durham, DL12

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bishop Auckland Station12.6 miles
Get brand editions for Addisons Chartered Surveyors, Barnard Castle

About Addisons Chartered Surveyors, Barnard Castle

13 Galgate, Barnard Castle, DL12 8EQ
Industry affiliations:
Find out more about Addisons...

We are an established and vibrant firm of estate agents and chartered surveyors with office in Barnard Castle.

Addisons aim to provide a professional and dynamic approach to all of the services we deliver - and most importantly really good customer service!

Our knowledgeable and experienced estate agency team will guide you through the buying and selling process.

To find out more about we can help you move contact us NOW.

Standards

We choose to be bound by the standards set by the RICS (Royal Institution of Chartered Surveyors), the NAEA (National Association of Estate Agents) and the Ombudsman Service: Property.

We are affiliated with The Ombudsman Redress Scheme Membership Number T01921

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 10142814. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Addisons Chartered Surveyors, Barnard Castle. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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