Market Place, Middleton In Teesdale

£299,000

Guide price

OFFERED FOR SALE AS A GOING CONCERN. The premises offers a substantial business proposition with a vast amount of commercial space along with a two bedroom apartment accessed from within the main building. Commercial EPC rating C 74.

Situation & Amenities

Barnard Castle 11 miles, Bishop Auckland 23 miles, Darlington 25 miles. All distances are approximate. Middleton-in-Teesdale is the main centre for Upper Teesdale in the North Pennines, a designated Area of Outstanding Natural Beauty. Much of the village has been designated a conservation area so the houses and shops retain much of their original character. The village is situated on many of the North's famous walks, including the Pennine Way, the Teesdale Way and with the Coast to Coast Cycle Path not far away. Primary school for the village and surrounding area at Middleton-in-Teesdale, state secondary school with sixth form, public school and prep school at Barnard Castle. Middleton has a doctors surgery, Co-operative store, Barclays Bank, butchers and other shops.

Description

J Raine and Son Ltd offers a rare opportunity to purchase a successful and unique business as a going concern. It is a general hardware shop which serves Upper Teesdale on a day to day basis and includes a two bedroom apartment allowing a potential purchaser to live on site. The property and business offers huge scope to a purchaser.

Retail Space - Ground Floor

The building offers a vast amount of retail space. The ground floor layout briefly comprises:

Retail area one - with main access door from the street, payment area and stocking general gift items.

Retail area two - split into two rooms (one stocking cookware and the other stocking gift items).

Retail area three - stocking general hardware and giving access to the cellar which comprises of two storage areas.

Retail area four - stocking gardening items, accessing wood sales area and giving access to external lean to store.

Retail Space - First Floor

Retail area five - stocking paints/decorating equipment. Gives access to the staff room (comprising small kitchen area and separate WC) and the second floor (currently utilised as storage space for stock with additional attic storage).

Apartment

With stairs rising from the commercial space (sale area two).

Landing

With access to attic and doors leading off to:

Kitchen

3.71m x 3.09m

Including fitted wall and base units, contoured work surface, tiled splashbacks, sink with mixer tap, breakfast bar, integral electric hob, integral electric double oven, integral extractor hood, space for undercounter fridge, space for washing machine, space for dishwasher, vinyl flooring, double glazed window and a door opening onto the external decked terrace which in turn gives access to the stone built outbuilding.

Living Room

4.71m x 2.80m

With two double glazed windows to dual aspects, radiator and ceiling spot lights.

Bedroom One

5.10m x 3.15m

With double glazed window looking onto Hill Terrace, fitted wardrobes, radiator and ceiling spot lights.

Bedroom Two/Study

4.68m x 2.80m

Offering a double glazed window and radiator.

Bathroom

A modern fitted bathroom suite including a shower cubicle, vanity unit WC and sink, bath with built in TV above, heated towel rail, vinyl flooring and ceiling spot lights.

Externally

There is a decked terrace area which is accessed from the kitchen of the apartment. Leading on from the decking is a stone built outbuilding with power and light (7.32m x 3.20m).

The Business

The property is sold as a going concern and business will be unaffected during the course of the sale process. Access to full audited accounts will be provided at the relevant stage of the process. A monetary figure will be agreed for stock on exchange of contracts.

Services

Mains electricity, water and drainage. Oil fired central heating.

Tenure

The property is believed to be offered freehold with vacant possession on completion.

Local Authority

Durham County Council - Tel: 03000 26 00 00.

Council Tax and Business Rates

For Council Tax purposes number 25 (apartment) is banded A. Business rates (rateable value) is £7,843 effective from 1st April 2017.

Areas, Measurements & Other Information

All areas, measurements and other information have been taken from various records and are believed to be correct but any intending purchaser(s) should not rely on them as statements of fact and should satisfy themselves as to their accuracy.

Viewings

Strictly via appointment only with the Agents GSC Grays Tel: 01833 637000.

Particulars

Particulars written and photographs taken August 2017.

Disclaimer Notice

GSC Grays gives notice that:

1. These particulars are a general guide only and do not form any part of any offer or contract.

2. All descriptions, including photographs, dimensions and other details are given in good faith but no warranty is provided. Statements made should not be relied upon as facts and anyone interested must satisfy themselves as to their accuracy by inspection or otherwise.

3. Neither GSC Grays nor the vendors accept responsibility for any error that these particulars may contain however caused.

4. Any plan is for guidance only and is not drawn to scale. All dimensions, shapes, and compass bearings are approximate and should not be relied upon without checking them first.

5. Nothing in these particulars shall be deemed to be a statement that the property is in good condition, repair or otherwise nor that any services or facilities are in good working order.

6. Please discuss with us any aspects that are important to you prior to travelling to the property.

Arrange viewing 01833 908027

GSC Grays - Barnard Castle

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