Retail Property (out of town) for sale

66 The Crescent, Northallerton

Offers in Region of £220,000

Property Description

Full description

Tenure: Freehold

LOCATION
Northallerton, which has a population of around 20,000, is the county town of North Yorkshire. It is an important market town, with an extensive catchment area and is popular with visitors nestled in between the Yorkshire Dales National Park and the North York Moors National Park. The town enjoys easy access to the A1 and A19 Trunk Roads and lies on the main East Coast London to North-East and Edinburgh Railway Line.

DESCRIPTION
The property forms one of a pair of semi-detached properties at the junction of The Crescent with Valley Road, on a well-established and extensive housing estate approximately ½ mile east of Northallerton town centre. The property is next door to a newsagents/general dealer and opposite the "Jolly Minister" public house.

ACCOMMODATION
The property comprises self-contained takeaway shop premises with the owner´s residential accommodation adjacent and above. The shop, which was refitted 5 years ago, benefits from a modern, woodgrain aluminum glazed shop front with a return frontage incorporating the entrance, with illuminated fascia and hanging sign. The interior is fully tiled, with a panelled ceiling. There is a three pan Hopkins multi-purpose counter range to the front customer area, with an additional food preparation area at the rear, with two stainless steel sink units. Beyond is a store with staff w.c. with wash basin. The residential accommodation comprises entrance lobby, living room and fully fitted kitchen on the ground floor, with 3 double bedrooms and a single bedroom, together with bathroom and separate w.c. to the first floor. One of the double bedrooms could be used as a second reception room if required. This accommodation has UPVC double glazed windows and gas fired central heating to radiators. There is an open garden to the front of the property and an enclosed garden with a large shed to the rear, used for additional storage for the business.

AMENITIES
The sale is to include the three-pan counter range with built in Bain Marie, digital cash register, drinks display fridge, fish keeper, filtration unit, double hotplate, microwave oven, washing machine, two chest freezers, fridge, chipper and rumbler.

SERVICES
The current owner has recently ceased trading to develop other business interests. Prior to closure, we are advised that takings averaged £1500 per week, with a basic menu and only 13 hours trading per week, limited to 2 hours lunchtime trade on a Friday and Saturday and limited evening trade Wednesday to Saturday.
There are currently no staff employed with the business. A new owner may wish to operate the business as a family run venture to reduce staffing costs. There is no immediate competition in this part of the town. A sale of the property offers the new owner a great opportunity to develop the business, with longer opening hours, expanded menu choices and a delivery service.

TERMS
The property is offered for sale on an unencumbered freehold basis. Alternatively, the property may be available by way of a new full repairing and insuring lease for a term of years to be agreed, but incorporating upward only rent reviews to market rent at the end of each 5th year of the term. The fully equipped business would be available for sale separately if a lease is taken. Full details on application.

OUTGOINGS
We understand that the property is entered into the 2017 rating list with a Rateable Value of £2275. Small business rate relief may be available. Interested parties should confirm the business rates liability with the business rates department of Hambleton District Council. The residential accommodation is listed as Council Tax Band B.

VAT
We understand that the property is not registered for VAT.

LEGAL COSTS
Each party to bear their own legal costs.

VIEWING
Strictly by appointment with YoungsRPS (reference Michael Blake or Paul Fairlamb)


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Northallerton (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Youngs RPS Limited, Newcastle

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0061 Local call rate

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

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Map & Street View

Nearest station

  • Northallerton (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Youngs RPS Limited, Newcastle

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0061 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.

Disclaimer - Property reference 100897005808. 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 Youngs RPS Limited, Newcastle. 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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