Retail, Houghton le Spring, Tyne and Wear
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Prime high street position
- Working on excellent profit margins
- Scope to grow the wholesale side
- Self-contained two bedroom apartment
Description
A fantastic opportunity to acquire this freehold fruiters and greengrocers which has been operated by our clients for over 30 years. The business achieves an enviable turnover and works on excellent profit margins whilst also offering scope for younger, enthusiastic owners to grow the wholesale side of the trade and further increase profitability. Annual turnover £484,404. The premises are substantial and occupy a prime high street position with parking right outside the door. Comprising ground floor walk round sales shop with prep room to the rear. Lower ground floor provides additional prep and storage space with loading bay, staff room and WCs. Above the shop is a self-contained two bedroom apartment which is currently rented out to our client’s son - he is happy to continue to rent from new owners or if needed, the premises can be offered with vacant possession. Comprising lounge, kitchen, bathroom and two bedrooms. Externally large yard to the rear with parking for five vehicles.
Stock £3,000. EPC Band D.
Notes
Disclaimer - Property reference 589980. 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 Ernest Wilson & Co Limited, EW Leeds. 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.
Map data ©OpenStreetMap contributors.