LAKEY&CO0845 299 0158

47 Fore Bondgate, Bishop Auckland

Co Durham. DL14 7PE

Freehold Premises

Former Sandwich Shop

Fully Equipped

Town Centre Location

Potential for other uses

Retail area: 302 sq ft

Jonathan Ward at Lakey & Co is delighted to offer “For Sale” the

former “Gregg Bros” pork sandwich shop in Fore Bondgate, Bishop

Auckland. Here’s your chance to purchase freehold premises, which

have only recently ceased trading and establish a successful business.

Let’s take a closer look - a dual fronted shop, which is still fully

equipped gives access to ground floor preparation and storage areas

and at first floor level there are three store rooms and a staff WC.

There is obviously potential for change of use of the retail area and also

potential first floor living accommodation, subject to planning.

All in all this is an attractive proposition - offered for sale for genuine

retirement reasons and I would encourage you to arrange a viewing at

the earliest opportunity.

Offers invited in the region of £99,950 (Freehold)

Telephone:0845 299 0158

LOCATIONLOCATIONLOCATIONLOCATION

The property benefits from a busy secondary shopping location close to the Market Square and also virtually opposite the side entrance to the Newgate Shopping Centre. Fore Bondgate has benefited from significant investment recently including a new cobbled street surface and new pavements.

BUSINESSBUSINESSBUSINESSBUSINESS

Whilst the business has now ceased trading due to retirement, the premises remain fully equipped and could easily be reopened as a sandwich shop, deli or similar with minimal expenditure.

ACCOMMODATIONACCOMMODATIONACCOMMODATIONACCOMMODATION

Ground floor retail area (28.10 sq m /302 sq ft) with dual window wide frontage to Fore Bondgate. The retail area currently benefits from refrigerated serve-over displays.

Ancillary preparation and storage areas (27.2 sq m / 293 sq ft) and access to rear yards. Stairs to first floor which comprises three store rooms ( 26 sq m / 280 sq ft ; 7.6 sq m / 82 sq ft ; 7.3 sq m / 79 sq ft) and a staff WC.

LIVING ACCOMMODATIONLIVING ACCOMMODATIONLIVING ACCOMMODATIONLIVING ACCOMMODATION

The premises are lock up and there is no owners living accommodation although it may be possible to convert the first floor stock rooms into living accommodation subject to the necessary planning consents being obtained.

REASON FOR SALEREASON FOR SALEREASON FOR SALEREASON FOR SALE

The premises being offered for sale to enable our clients to take retirement.

FIXTURES AND FITTINGSFIXTURES AND FITTINGSFIXTURES AND FITTINGSFIXTURES AND FITTINGS

We have been advised by our client that the trade fixtures and fittings are all owned outright. No equipment has been tested as part of our appraisal and no warranties are offered.

TENURETENURETENURETENURE

Freehold

RATESRATESRATESRATES

The property is described by the Valuation Office Agency as “shop and premises” with a rateable value of £3,600. The local authority is Durham County Council

ASKING PRICEASKING PRICEASKING PRICEASKING PRICE

Offers invited in the region of £99,500 (FREEHOLD)

LEGAL FEESLEGAL FEESLEGAL FEESLEGAL FEES

Both parties are to be responsible for their own legal costs

PLANNING & STATUTORY CONSENTSPLANNING & STATUTORY CONSENTSPLANNING & STATUTORY CONSENTSPLANNING & STATUTORY CONSENTS

Prospective purchasers or tenants should make their own enquiries of the Local Planning Department and satisfy themselves at their own expense as to the use they intend to implement. It should not be assumed that the property has all the necessary planning, building regulations or other statutory consents.

SALES ADVICESALES ADVICESALES ADVICESALES ADVICE

If you are thinking of selling a business please contact us for free and impartial advice.

LAKEY & CO for themselves and for the vendor(s) or lessor(s) of this business / property give notice that these particulars do not constitute any part of an offer or contract. Any intending purchasers must satisfy themselves as to the accuracy of the particulars and no warranty is given by the vendor(s), their agents or any person in their employment. Offered subject to contract, prior sale or withdrawal. Sizes quoted are approximate only.

Viewing & Further Information:

Strictly by appointment with the agents:

LAKEY & CO.

PO Box 268, Bishop Auckland. DL14 4FF

Tel: 0845 299 0158 Fax: 0845 299 1219

Contact: Jonathan Ward

info@lakeynortheast.co.uk

www.lakeyco.com

SALES DETAILS PRODUCED BY J.G.WARD / NOVEMBER 2010 / ISSUE 1

Our reference: E831NE