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Shop with living accommodation

South Road, Chopwell

Guide Price £99,950+

Property Info

The property is located on South Road, Chopwell within a large residential housing estate. Chopwell is a village in the borough of Gateshead, Tyne and Wear and lies approximately 3 miles west of Rowlands Gill and 1 mile north of Hamsterley.

Chopwell convenience store is a Premier Branded business that started trading 3 months ago, it sells household products, confectionary, frozen foods, soft drinks, tobacco products, dairy products along with a large selection of wines, beers and spirits. The business also has a self-service espresso machine and health lottery, national lottery, pay point and cash point facilities. The business is very well equipped having recently undergoing a fully refurbishment including two large display fridges.

A substantial end terrace property with pitched slate roof consisting ground floor retail unit trading as a premier store with spacious first floor two bedroom flat. The flat is accessed via the store and consist large living room/kitchen, 2 bedrooms,
shower room and w/c. The property also has a large vacant ground floor retail unit that previously traded as a deli with separate first floor spacious two bedroom flat. The flat has a separate access consisting living room/raised kitchen, two bedrooms and bathroom. The property also has a large basement accessed via the premier store.

Property details provided by Rook Matthews Sayer
EPC rating: E – shop
D – flat

For Sale by Auction to be held on 30.01.20 at the Newcastle Grand Hotel (formerly The Marriott Hotel) Gosforth Park Newcastle NE3 5HN – Registration 6:30pm for 7pm start. Option 1

Ground Floor
Retail unit trading as a premier store.

The property also has a large vacant ground floor retail unit that previously traded as a deli.

The property also has a large basement accessed via the premier store.

First Floor
Spacious first floor two bedroom flat. The flat is accessed via the store and consist large living room/kitchen, 2 bedrooms,
shower room and w/c.

Separate first floor spacious two bedroom flat. The flat has a separate access consisting living room/raised kitchen, two bedrooms and bathroom.

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied by RMS. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £750+vat (total £900) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £120 including Vat from them for the recommendation.

Disclaimer 3
A copy of title is available upon request.
Draft property details awaiting vendors approval.

Disclaimer 4
Opening Hours
Monday Saturday 7:00am 10:00pm
Sunday 10:00am 10:00pm

We have verbally been informed the business is turning over £6,500 per week.

The business is being offered free of employees.

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