Summary - 46A, NEWBOTTLE STREET DH4 4AF
2 bed 1 bath Commercial Property
**Standout Features:**
- Prime high street location with convenient off-street parking.
- Established business achieving an annual turnover of £484,404 with excellent profit margins.
- Opportunity for growth, particularly in the wholesale sector.
- Self-contained two-bedroom apartment above the store provides rental income potential or immediate family accommodation.
- Substantial premises featuring a ground-floor retail space, lower ground-level prep/storage area, and large rear yard.
- Stock value of £3,000 included.
**Summary:**
This is a unique opportunity to acquire a well-established greengrocer in Houghton le Spring, positioned in a busy high street area, boasting significant foot traffic. With a solid history of over 30 years and impressive annual turnover, this shop benefits from excellent profit margins. There’s ample potential to expand the wholesale side of the business—perfect for a motivated new owner looking to capitalize on this lucrative trade.
Above the commercial space, a self-contained two-bedroom apartment offers the flexibility of generating additional rental income or serving as comfortable living quarters for the owner. The premises include a well-sized sales shop, prep area, and extensive lower ground space with loading capabilities. Though currently rented, the apartment can be offered with vacant possession if desired.
Despite the bustling location, prospective buyers should note the area's high crime rate and its classification as highly deprived, which could impact future business dynamics. With an asking price of just £90,000, this property presents a compelling investment for aspiring entrepreneurs or those seeking retail space with residential options. Don’t miss this chance—properties with such growth potential and dual functionality are rare to find!
Commercial property for sale in Retail, Houghton le Spring, Tyne and Wear, DH4 — £235,000 • 2 bed • 1 bath
Shop for sale in Fruiterers & Greengrocery, Tyne and Wear, NE37 — £30,000 • 1 bed • 1 bath
High street retail property for sale in 10 Newbottle Street, Houghton Le Spring, County Durham, DH4 — £75,000 • 1 bed • 1 bath • 668 ft²
Cafe for sale in Cafe & Sandwich Bars, Hetton-le-Hole, Tyne and Wear, DH5 — £31,950 • 1 bed • 1 bath • 797 ft²
Restaurant for sale in Noble Street, ., Sunderland, Tyne and Wear, SR2 8LU, SR2 — £140,000 • 1 bed • 1 bath
Commercial property for sale in Retail, Hetton-le-Hole, Tyne and Wear, DH5 — £170,000 • 1 bed • 1 bath • 1000 ft²
