Spacious Freehold Property with High Promise and Possibilities in Durham

  • Freehold
  • Huge Potential
  • Prime Location
  • Unique Opportunity
  • Residential Area
  • Heavy footfall area
  • Proof of Funds Required

Description

Business Description:

Silk Letting Ltd are proud to present to the market a spacious Freehold property in Durham that consists of a 5 bedroom house, 3 reception rooms, 2 kitchens and 2 bathrooms, a commercial property that previously traded as a bakery and a 2 double bedroom flat above the bakery.

 

The current owners traded for more than 30 years as a popular and highly profitable bakery and gained many 5* reviews but can be used for any business and is in a prime location.

 

This is a premium full package property sale for a new owner looking to invest in a business and property development.

 

Location and Amenities:

The business is within a 10-minute drive from Durham town centre and the University of Durham. It is located in a large residential area.

Situated close to the A1 and with good transport links and parking outside the property making it easily accessible for staff and customers.

 

Growth Potential:

This is a fantastic investment opportunity for any new owner looking to start a bakery business or convert the property for an alternative use.

The business does not currently have an online or social media presence. This could be the perfect opportunity for the new owner to create an online marketing strategy for the business.

 

There are endless opportunities for the accommodation:

  • The rooms could be rented out to local University students,
  • The property could be converted to an independent house,
  • The business could be expanded into a B&B for the hundreds of people passing by on the A1 to and from the centre of Durham,

 

Financial Profile:

Tenure: Freehold

 

Property:

This spacious property consists of the main bakery shop area and kitchen on the ground floor, a spacious 2 bedroom flat above the bakery which has its own entrance from the street and an entrance from the first floor of the main property.

The main house is over 2 floors and consists of 5 bedrooms, 3 reception rooms, a kitchen and bathroom.

 

Fixtures and Fittings:

The sale includes of the fixtures and fittings needed to run a bakery.

 

A full list of assets is available upon request.

 

Reason for Sale:

The owner is selling the property due to retirement after running this business successfully for 30 years. This creates the perfect opportunity for any new owner looking to invest in a property and business opportunity.

 

This is an opportunity to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate it being on the market for long.

 

This is a huge and unique opportunity not to be missed.

 

A viewing of this property is highly recommended to appreciate its true value and the potential it has for any new owner.

 

VIEWING STRICTLY BY APPOINTMENT!

 

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 03333 350218.

Contact Us

VIEWING STRICTLY BY APPOINTMENT!

0333 335 0218

admin@silkletting.co.uk

Finance options available

Speak with us about our flexible financing options

0333 335 0218

info@silkletting.co.uk

Contact us for more details, or book a viewing

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.