Retail Shop With 3 Bedroom Flat | | South Shields Tyne and Wear | | Retail shop with store and toilet, with large 3 bedroom flat, also large back yard with vehicle access, Separate ground floor office, out building. Both the shop and flat are independant from each other with separate rates and accesses for each property. Freehold to buy Retail Shop With 3 Bedroom Flat is located in Tyne and Wear. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 20110
ADVERT IMPRESSIONS : 20,913 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Gift Shops | | SALE: | Private Sale | FREEHOLD: | £169000 | ANNUAL RENT: | £12000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Accommodation
3-5 Bedrooms
Family Bathroom
Separate Toilet
Kitchen*
Lounge*
Workroom/office*
Shop Unit
Shop unit 300 ft2
Store Room
Toilet & Washroom
Secondary Store
Large loft storage area
Vehicle Access
A unique opportunity to purchase a substantial and versatile accommodation complete with retail premises, in a prime location. Situated within 100 metres of Chichester Metro Station and in a popular shopping area in the attractive seaside town of South Shields, this versatile property offers excellent family accommodation combined with a business opportunity. Alternatively, to the investor, this property offers potential letting income of over £1100 per month if configured for 5 letting rooms*. With direct access to Newcastle, Sunderland and Newcastle airport properties such as this are rare to the market and your earliest inspection is recommended. The property is freehold. FLAT
Ground Floor
Front door from street into:
Porch Area (1.5m x 1.3m)
Carpeted entrance containing electrical locker (metering and fuse box). Glazed door leading to:
Ornate entrance hall (7.1m x 1.3m)
Entrance hall is fully carpeted and has ornate cornicing, arched ceiling and stairway to upper floors. It also leads through to:
Rear workshop/office (4.7m x 2.9m)
Carpeted floor, window overlooking rear yard, polystyrene tiled ceiling with fluorescent strip light and under stairs cupboard (2.5m x 0.9m max). Rear door leads to yard. It should be noted that, in its original specification (date unknown), this room was fitted as a kitchen and that it could be returned to this use if the upper floor rooms were to be used for letting purposes. Returning to the main hallway, a stairway leads to the mid-floor landing (2.9m x 1.7m max) having window to rear yard and the following rooms off:
Bathroom (2.85m x 2.0m)
With vinyl flooring, wood paneled walls, wall mounted heater, bath, sink and shower cubicle (electric). Frosted window with wooden slat blind. Toilet (1.4m x 0.9m)
With low level suite and frosted window to rear. Storage Cupboard (0.9m x 0.8m)
A short staircase (3 steps) and hallway (1.9m x 0.9m) lead to the first floor landing proper (2.5m x 2.0m) with the following rooms off:
First Floor
Living Room/Lounge (4.5m x 4.0m)
Glazed panel door, fitted carpet, tall, double-glazed windows overlooking front. Feature fireplace with electric fire, two wall lights. Cable TV/telephone connection. Kitchen/Diner (4.3m x 3.5m)
Recently modernized and updated this large family size kitchen has a Glazed-panel door, laminate flooring, window overlooking rear yard, work surfaces to 3 sides with breakfast bar off-shoot, single sink with drainer, electric oven/hob (included in sale), plumbed for washer/drier. Storage cupboards over and under, wall shelving, flush-fitted wine rack, space for dining table (included in sale). Bedroom 3/Study (3.2m x 2.0m)
Fitted carpet, tall double-glazed window to front, wall lights. Space for double bed. Staircase continues up to top floor via mid floor landing (1.9m x 0.9m) with window. Top Floor
Hall space (2.3m x 2.0m) with ceiling access to loft area and the following rooms off:
Bedroom 1 (6.1m x 4.7m (into dormer))
Laminated flooring. A very spacious room with dormer window over looking front of property. Connection for cable TV. Bedroom 2 (3.45m x 4.5m (into dormer))
Carpeted. Good sized double bedroom with dormer window over looking rear of property. Connection for cable TV. Externally
The L-shaped rear yard is concreted with maximum dimensions of 7.5m x 6.0m and has wooden double (folding) gates to rear lane. A workshop/shed (2.5m x 2.0m) is currently fitted (included in sale), there is also an outside water tap and door (rear) to shop. Two wall-mounted external light units controlled from rear of shop. Services
The premises are all electric and oil-filled thermostatically-controlled wall-mounted panel radiators are fitted throughout. It should be noted that there had, at some time, been a gas connection to the property and this could be re-instated if required. RETAIL PREMISES
The retail premises are accessed from the main street (Dean Road) and enjoy good footfall, enhanced by its prominent position at the local junction of Chichester/Dean Road, a zebra crossing and passing Metro train customers (100m from Metro station). Locally there is ample customer parking and adjacent shops/facilities include a Co-operative store, male and female hair dressers, cash-point machine, Pharmacist, Dry Cleaners, Video Hire and various take-aways guaranteeing the popularity of the location. The main retail frontage is dominated by its large glazed aspect. Entry to the premises is via a small recessed area off the main street and through a half-glazed door. Main Sales Area (7.1m x 4.5m maximum – approximately 300 sq feet usable)
With carpet-tiled floor, over-entrance heater unit, fluorescent strip lighting and centrally mounted spot lights, the main shop has a counter area for packaging/sales and storage/shelving units on two main walls. Two floor standing central carousel units add to the available display area. The shop is currently utilized for the sale of candles, candle holders, soaps, scents and associated fancy goods and could be turned to many other uses. At the rear of the shop there is a paneled/glazed door to the rear packing/storage area however this area could also be opened into the front of the main shop sales area to increase the overall sales space if required. Packing Room (2.8m x 2.5m)
With concrete floor and packing counter running the full length (2.8m) with cupboards/storage under. Fluorescent strip light and switches for control of main shop lighting. Double-sockets, wash hand basin with water heater over. Ladder and hatch to overhead (loft) storage area of approximately 4.3m x 3.8m with fluorescent lighting fitted. Rear door to yard. Annex (1.5m x 1.3m)
Small cloak/storage area leading to:
Toilet/Washroom (1.3m x 1.3m)
Fitted with low-level toilet suite and wash hand basin. Services
The premises are all electric and the water supply is metered. Other Points of Interest
1. The premises (retail and accommodation) are freehold.2. Vacant possession is possible.3. The accommodation is Council Tax Band A – currently £886 annually.4. The retail premises has a rateable value of £2,650 – currently paying £1168 annually.5. Re the flat – the fridge, freezer, oven, hob, dining table/four chairs, carpets, general fixtures and fittings are all included in the sale.6. Re the shop - shelving, counter, over-door heater, shop flooring and lighting plus general fixtures and fittings are all included in the sale.7. As owner occupier the accommodation would normally be configured for 3 bedrooms (with the possibility of a fourth by converting the ground floor workroom/office). For letting purposes the first floor kitchen would be relocated to the ground floor workroom/office and the first floor kitchen and living rooms both converted to bedrooms giving a total of 5 letting rooms. Disclaimer
All information above is given as a guide only and will require verification independently by the prospective buyer. Any appliances included in the sale are sold as seen and will require to be verified by the buyer. All measurements are approximate. Buyers should make their own arrangements to assess the property prior to purchase. | | | | | | EXPIRED - AWAITING DELETION | | | | | REFERENCE: | 20110 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
