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House for sale

High Street, Skelton-In-Cleveland, Saltburn-By-The-Sea, TS12

Offers Invited

Property Description

Key features


Full description

The premises themselves briefly comprise of a ground floor end terrace retail unit arranged to provide a large newsagency outlet.

In addition there is a self contained 3 bedroom first floor flat which is currently rented out on a Assured Shorthold Tenancy agreement for £4740 per annum. Additional advertising income of £2400 per annum is achieved via window and external board displays.

Products offered for sale include newspapers, magazines, confectionary, stationary, toys and drinks. The shop also provides a National Lottery outlet and a new purchaser will be required to apply to Camelot PLC to transfer this service.

The business currently trade between 6am and 5pm Monday - Saturday and 7am - 12pm on Sundays.

Scope exists to diversify and extend opening hours.

The premises are situated on the High Street in Skelton, Saltburn by the Sea. Saltburn centre lies approximately 3 miles to the north of this location with Guisborough approximately 4 miles to the South West.
Ground floor retail unit with self contained 3 bedroom first and second floor flat.
Enquiries regarding the rateable value and details of the preciseamounts payable should be directed to the local authority.
Available Freehold or Leasehold
Freehold offers are invited IRO £200,000 to include the business goodwill, fixtures and fittings. Plus stock at value.

Premium offers are invited for the leasehold interest (retail unit only) with an estimated rental figure IRO £9000 per annum with terms to be agreed.
In the case of a leashold transaction the ingoing tenant will be responsible for our Client's reasonable legal costs incurred in connection with the transaction together with any Stamp Duty and VAT where applicable

All measurements are approximate and are for guidance purposes only.

By appointment through our Commercial Agency Office
6 Innovation Court, Yarm Road, Stockton On Tees TS18 3DA

Telephone: 01642 607607

Listing History

Added on Rightmove:
15 February 2016

Map & Street View

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