Spacious Freehold Property in Durham

  • Freehold Property
  • Huge Potential
  • Prime Location
  • Unique Opportunity
  • Residential Area
  • Heavy Footfall Area
  • Proof of Funds Required

Description

Silk Letting Ltd would like to welcome to the market a spacious Freehold property in Durham consisting of commercial property and 5 bedroom house.

This premium property successfully traded as a popular and highly profitable bakery for over 30 years and was very well known in the area gaining many 5* reviews before closing due to the current owner retiring. All fixtures and fittings of the bakery business are included in the sale meaning it would suit any catering or baking business or it has excellent potential for additional use or development.

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

 

Location and Amenities:

The business is in a prominent trading position 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, catering business or convert the property for alternative use.

The business does not currently have any 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 into an independent house,

– The business could be expanded into a B&B for the hundreds of people passing to and from the centre of Durham.

 

Financial Profile:

Tenure: Freehold

 

Property:

This spacious property consists of a commercial property that previously traded as a bakery, a kitchen on the ground floor, a spacious 2 bedroom flat above the bakery which has a separate 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 all 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 0161 519 1205.

Contact Us

VIEWING STRICTLY BY APPOINTMENT!

0161 519 1205

admin@silkletting.co.uk

Finance options available

Speak with us about our flexible financing options

0161 519 1205

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.