Property description

SITUATION
Prudhoe is situated in County Northumberland and is the gateway to Tynedale. The town is 11 miles south west of Newcastle city centre and is accessed via the A695. Transport links also include bus and rail.
Front Street is a busy thoroughfare and is the main shopping street in the town. Surrounding occupiers to the property include Boots the Chemist, Pattinson Estate Agents and Ladbrokes bookmakers.                                                                                                     

BUSINESS
The business currently trades as an extremely successful and profitable greengrocers with an established and regular clientele. As a greengrocer they currently offer a range of fruit and vegetables and other fresh produce, additionally diversifying into some specialist foods.
The business benefits from being the only specialist greengrocer in the Prudhoe area. We are marketing the property for sale due to the clients proposed retirement.
Full business accounts are available upon request.

ACCOMMODATION
The premises comprise a presentable front shop with pine clad walls, suspended ceiling and fitted display shelves.
In addition there is a rear storage room and ancillary storage also to the rear. The property benefits from a traditional timber shop frontage and canopy.

Main Shop                                             46.86m² (504.44ft²)
Rear Shop                                             14.92m²   (160.6ft²)
Underground Storage                          17.6m²  (189.45ft²)
Height - 1.8m (5.9ft)
Brick Storage Shed                                22.60m² (243.26ft²)
Rear yard with rear delivery access                

TERMS
Our client is seeking offers over £195,000 (one hundred and ninety five thousand pounds) for the business and the premises.

RATING ASSESSMENT
We are advised that the rating assessments on the premises as at 1 April 2005 is as follows, although any interested party should confirm the current position with the Local Authority.

Description                                          RV                        UBR
Ground floor retail & storage             £5,000                   0.407

As a new occupier rights of appeal may exist against this assessment.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in the transaction.

VAT
All rents, premiums and purchase prices quoted herein are exclusive of vat.  All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.

VIEWING
Strictly by appointment only through sole agents Bradley Hall Chartered Surveyors

Property Features :

• Ground floor premises
• Central Location within Prudhoe
• Strong turnover
• High gross margins
• Size 61.78m² (665.04ft²)