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Property Listing Details

Features

  • Business for sale
  • A1 retail
  • Automobile parts shop
  • Very well established business
  • Trading over 30 years
  • Town centre location

Listing view statistics

Last 30 days: 21 page views

Since listed: 264 page views

Description

Summary

The subject business is a well established autoparts retailer known as Gearbox Autoparts, specialising in the sale of automobile parts and equipment. The business is well established and well known within the town as it has been trading for over thirty years. This offers an ideal opportunity to take over an established operation with an experienced sales team going forward.

Location

The subject property is located within Broadway Circle, a prominent crescent of retail premises on the outskirts of Blyth town centre. Blyth is an established town located on the north east coast of England (around 14 miles north of Newcastle upon Tyne), provided a wide variety of services and facilities supporting the local population and surrounding communities.

Accommodation

Ground floor
Main Sales.33.17m2
Store. 12.5m2
Store. 6.4m2
net internal area. 45.61m2
First floor

Landing
Three Rooms
Seperate WC
Bathroom
net internal area. 35m2

total net internal area. (80m2 861 sqft)
External

External WC and enclosed yard.

Business Details

Details of turnover and associated matters will be provided to interested parties upon viewing the business by our clients.

Lease Terms

Gearbox currently rents premises at 3/3a Broadway Circle for which Bradley Hall manage the property. The term is 6 years commencing from 1 February 2012 at an initial rent of 7,500 per year. A copy of the lease agreement can be provided on request. The tenants have renewed the lease for February 2019 for one year at 10,000 per annum. There is an option to extend to a six year lease.

Rateable Value

The adopted rateable value is 5,400 as of 1st April 2017.
Sourced from voa.

EPC

Available upon request. Rating D.

VAT

We are advised that VAT is applicable on this transaction.

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • " role="presentation" aria-hidden="true"> St Wilfrid's Roman Catholic Voluntary Aided Primary School 0.1 miles
  • " role="presentation" aria-hidden="true"> Croftway Primary Academy 0.2 miles
  • " role="presentation" aria-hidden="true"> Cramlington 4.1 miles
  • " role="presentation" aria-hidden="true"> Pegswood 6.3 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Pattinson - Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Pattinson - Commercial for full details and further information.