Newsagents With 3 Bed Apartment - Yorkshire Dales Village For Sale in Lancashire- Business 4 Sale .co.uk

Business Summary

LOCATION
Adams and Co. are delighted to offer for sale this exceptional newsagents located in the idyllic village of Ingleton, in the Yorkshire Dales National Park. Ingleton is a traditional dales village and is an ideal centre for exploration of lovely scenery, waterfalls and caves, and a starting point for many fine walks, cycle rides, pony treks and excursions by car. The village nestles beneath Ingleborough, one of the famous three peaks mountains, visible from many places in and around the village. The Forest of Bowland, designated an area of outstanding natural beauty, stretches away to the south while in a north-westerly direction, less than hour's drive away, is Lake Windermere and all the natural beauty of the Lake District.

THE PROPERTY
A substantial property in the centre of the main street, comprising double fronted ground floor retail premises having sales area, store room with WC and cellar, and self contained three bedroom apartment. The well presented, double-fronted building is full of character and the property provides comfortable accommodation on the upper floors which briefly comprise; Ground floor entrance hall with stairs to first floor landing, single bedroom, bathroom, lounge/dining room and kitchen. There is a staircase leading to the second floor having two double bedrooms. The apartment is currently let on an AST providing a rental income of £450pcm, which we feel could easily be increased given the size and location of the property.

BUSINESS PREMISES
The ground floor premises approx. c350sq.ft. have prominent frontage with attractive fascia having canopy over. Attractive forecourt with plenty of room for displaying a variety of merchandise. The sales area has stone flagged flooring, beamed ceiling with strip lighting and is well fitted to suit with a range of displays, shelving, card stands, and equipment including two chillers, Ice cream fridge, Canon photocopier / fax machine and lottery stand. Counter with cash till and lottery terminal, cigarette gantry behind and shelving as fitted.

REAR STORE / OFFICE
Doorway at rear of the counter to store / office approx. 80sq.ft having carpeted flooring and strip lighting. Shelving as fitted. Window to front. Telephone point. Door to private accommodation. Door to WC with handwash basin. Door down to the cellar having power and light.

BUSINESS
This highly regarded and successful business has been established for many years and has been in our client's careful joint ownership for the last 5yrs. The business enjoys a monopoly trading location with being the only newsagent in the village. The current vendors have kept the traditional charm of the CTN but have also enhanced the business with the introduction of further merchandise ranges including toys, gifts, cards, and stationery. They have continued and expanded the delivery of newspapers to the village residents and surrounding area with the business having six paper rounds during the week and just four on a Sunday, with a weekly news bill of c£1000 at cost. The business is very well established with a consistent history of profitable trading, and offers an excellent opportunity with much scope to increase the opening hours and introduce other merchandise. The business benefits from the busy tourist trade throughout the season with Ingleton being a popular destination for visitors to the dales.

TRADE
Net sales for the last financial year to the 30th September 2009 was £351,010 with a Gross Profit of £74,683 (plus rental income) and modest expenses. Accounts will be made available to seriously interested parties following a formal viewing.

REASON FOR SALE
Our clients wish to pursue their separate interests.

HOURS
The business is open 7 days a week throughout the year.
Monday, Tuesday, Thursday and Friday 5.30am to 5.30pm
Wednesday and Saturday 5.30am to 7.30pm
Sunday 7am to 5.30pm

STAFF
Our two vendors run the business and employ 14 paper delivery staff, on a casual basis, hours as required.

THREE BEDROOM APARTMENT
A most impressive three bedroom apartment situated on the upper two floors of this substantial corner property. The apartment provides comfortable and spacious family accommodation overlooking the church yard and with views of the viaduct and surrounding countryside. The apartment benefits from gas central heating and double glazing. Accessed via door from rear store and having separate external entrance to the front. Entrance door to inner hallway with door to store room and staircase up to:

FIRST FLOOR LANDING
Spacious landing with hardwood floor. Cupboard housing gas central heating boiler. Central heating thermostat. Window to side. Radiator.

LOUNGE
Spacious room approx. 13'0" x 10'9" having carpeted flooring. Beamed ceiling. TV and telephone points. Windows to front. Two radiators.

DINING AREA
Approx. 10'9" x 7'6" with wood flooring. Beamed ceiling. Understairs cupboard. Window to rear.

KITCHEN
Fitted kitchen approx. 10'0" x 7'3" with a range of fitted wall and base units having complimentary tiling and work surfaces. 1 ½ bowl s/s sink. Electric oven with 4-ring hob. Wood flooring. Beamed ceiling. Large window / door to rear balcony overlooking church yard and with views of the viaduct and surrounding hills.

BEDROOM ONE
Approx. 10'0" x 10'0" narrowing to 5'6". Single bedroom having wood flooring. Window to front. Radiator.

BATHROOM
Approx. 9'7" x 6'7" having part tiled walls and wood flooring. Three-piece bathroom suite including vanity unit. Shower over bath. Storage cupboard. Airing cupboard. Radiator. Window to front.

Staircase up to:

SECOND FLOOR LANDING
Carpeted flooring. Doors to:

BEDROOM TWO
Approx. 18'6" x 14'9". Large double bedroom having wood flooring. Feature beamed ceiling. TV cable. Two velux windows. Radiator.

BEDROOM THREE
Approx. 15'0" x 10'0". Double bedroom having carpeted flooring. Beamed ceiling. Built in wardrobe. TV cable. Velux window. Radiator.

EXTERNALLY
Access path to the rear of the property.

TENURE
Advised Freehold.

SERVICES
We understand from the vendor that all main services are connected to the property.
BUSINESS RATES and DOMESTIC COUNCIL TAX
Business rates payable are £454pa. The domestic accommodation falls into Band B for council tax purposes.

COMMENTS
A rare opportunity in a highly desirable location with the benefit of attractive family accommodation. Early viewing is highly recommended to appreciate this exceptional opportunity.

LEGAL FEES
Vendors and Buyers each to meet their own legal costs.

LOCAL AUTHORITY
Craven District Council.

APPOINTMENT TO VIEW

UNDER NO CIRCUMSTANCES SHOULD YOU APPROACH THE BUSINESS DIRECTLY

We will be pleased to make arrangements for you to view the property and business. All viewings must be by appointment, which we will arrange, following a brief discussion as to the potential buyers' financial position and their ability to proceed.

You are advised to check the availability of this business before travelling any distance to view.

ALL NEGOTIATIONS MUST BE THROUGH THIS OFFICE

FINANCE
Finance for this business is available through Adams and Co (Finance). Please call this office for more details. Please remember that all loans are subject to status and survey.

THE PROPERTY MISDESCRIPTIONS ACT 1991
The information contained herein relating to property matters was checked by Adams and Co, and was accurate at the time these particulars were originally produced. The particulars have been approved by the vendor, who has undertaken to advise us of any material changes which may occur. Such amendments have been incorporated as and where appropriate. However, since it is possible that further changes have occurred, of which we are unaware, we would recommend that prospective buyers take appropriate precautions to check anything, which is critical to their interest in this property.

Every effort has been made to ensure that the information, which does not relate to the property, (and is therefore not covered by the Property Misdescriptions Act 1991) is accurate. The vendor, who has approved the information detailed, has provided the data. However, as all businesses are constantly changing, the information contained in the sales particulars may not be as up to date as we might wish. Prospective purchasers are therefore advised to check the current trading situation at the time of inspection or, if necessary we can arrange for potential buyers to speak to the vendors by telephone, prior to making a commitment to view the business.

Adams and Co have not tested any apparatus, equipment, fixtures and fittings, or services and so cannot verify they are in working order or fit for the purpose. Buyers are advised to obtain verification from their Solicitor or Surveyor. Purchasers must satisfy themselves as to their actual condition prior to purchase.

References to the Tenure of a Property are based on information supplied to Adams and Co by the vendor. Adams and Co has not had sight of the title documents. Buyers are advised to obtain verification from their solicitor.

All measurements are approximate and intended for general guidance only and should therefore be considered to be 'nominal'.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

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