2

Market Street, 50/52 Market Street, Kirkby Stephen
Guide Price £275,000

Key Features

  • Prime Freehold High Street Premises
  • Ideal Restaurant Or Shop
  • Ground Floor Totalling 1650 SqFt
  • Two Bed First Floor Flat (650 SqFt)
  • Ample Parking
  • Trading Under VAT Threshold
  • Modernisation Required
  • Multiple Uses
  • Ideal Investment Or Business Opportunity
  • Video Viewing Available

Description

Guide Price £275,000 - £325,000.

• Prime Freehold High Street Premises • Ideal Restaurant/Shop + Flat Above. • Ground Floor Totalling 1650 SqFt • Two Bed First Floor Flat (650 SqFt) • Ample Parking • Trading Under VAT Threshold • Modernisation Required • Multiple Uses • Ideal Investment Or Business Opportunity • Video Viewing Available.

Horseshoe Fish and Chip Restaurant is a well-established and popular business set in the popular market town of Kirkby Stephen.

The premises is located on the edge of the Yorkshire Dales National Park and in close proximity to the Lake District. Kirkby Stephen is a popular market town with a wealth of activities to do and see and has good access links to A55, M6 and A1 and easy access to Yorkshire Dales and the Lake District.

The business is profitable and has had an excellent business history. The current owners have run this family business for 60 years and for personal reasons are now trading with reduced opening hours and therefore not running to full potential. Current owners are selling for retirement.

There is a two bedroomed, first floor apartment with a living room and kitchen with separate access from the ground floor vestibule. With full renovation this could let out separately for approximately £650pcm.
On the ground floor is an attractive bow fronted shop with counter, waiting area and dining room. To the rear there is an additional seating area, large kitchen, potato/preparation room, storage room and toilets.

Outside, to the rear of the property, is a yard which provides ample private off-road parking. The property is accessed at the front from Kirkby Stephen main street and also from the rear at Faraday Road. The vendors own both accesses and the yard, however neighbouring properties have rights of way over both to unload.

There is massive scope to develop and improve/change the property and the business. It is an excellent business opportunity for owner occupiers or investment property. Physical viewing is by appointment only. Video viewing available.

Anti-Money Laundering (AML) Checks

Should a purchaser(s) have an offer accepted on a property marketed by J.R. Hopper & Co., they will need to undertake an AML check. We require this to meet our obligation under AML regulations and it is a legal requirement. We use a specialist third party service, provided by Lifetime Legal, to verify your identity. The cost of these checks is £60 (including VAT) per purchase, payable in advance directly to Lifetime Legal, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Room Details

GROUND FLOOR

Totals approximately 1650 Sq Ft, with table seating for around 60 covers in normal times. It has been used as a dancefloor in the past.

SHOP AND DINING AREA 8.76m x 5.9m (28'9" x 19'4")

Tiled step. Large counter and frying area. Waiting area, Dining area for 24 plus. Preparation area. Pizza oven. Step up to rear restaurant. Double glazed entrance doors. Attractive large double fronted bow window.

RESTAURANT 9.07m x 3.05m (29'9" x 10'0")

Large restaurant area to the rear. Vinyl flooring. Could seat around 36. Prior to being run as a Fish and Chip Shop the current owners operated the 'Horseshoe Restaurant' and this area was a restaurant, bar and dance floor. 2 roof light windows.

DRY STORE 4.01m x 1.75m (13'2" x 5'9")

Vinyl flooring. Shelving.

TOILETS 4.2m x 2.74m (13'9" x 8'12")

Accessed via passageway from restaurant. Toilets divided into Gents and Ladies both with windows.

KITCHEN 8.38m x 3.5m (27'6" x 11'6")

Large, spacious well-lit kitchen. Useful range of base units. Preparation area. 2 stainless sinks. Gas hob and oven. Tiled walls. TV point. Door to potato and preparation room. Gas central heating boiler. Three windows.

POTATO PREPARATION ROOM 4.72m x 3.96m (15'6" x 12'12")

Very useful room with preparation equipment. Large room also providing essential storage. Rear door to side passageway,

FIRST FLOOR

Side entrance to flat staircase and kitchen. Flat could be let or used separately from restaurant. The flat has not been occupied for 40 years and is very dated. With renovation it would be let out for £650pcm or could be run as an Air BnB.

APARTMENT VESTIBULE

With storage cupboard. Stairs to split landing and stairs divide to left and right.

LANDING

Landing storage cupboard. High level sky light.

BATHROOM 2.74m x 2.24m (8'12" x 7'4")

Bath with electric shower. Sink. WC. Electric wall heater. Window to rear. (This bathroom is a flying freehold over neighbouring property).

KITCHEN 2.74m x 2.74m (8'12" x 8'12")

Wall and base units. Single stainless-steel sink. Electric cooker. Window to rear.

LIVING ROOM 4.42m x 3.28m (14'6" x 10'9")

Light, bright room. Coving. Fireplace. Step up to bay window to front overlooking the high street.

BEDROOM ONE 4.42m x 2.44m (14'6" x 8'0")

Large, front double bedroom. Large feature window overlooking the high street.

BEDROOM TWO 3.73m x 2.6m (12'3" x 8'6")

Rear double bedroom. Window to rear.

OUTSIDE

Vehicle access to rear car parking area from the High Street and Faraday Road. Neighbouring properties also have access over these entrances. Large car park area.

Floorplans For Market Street, 50/52 Market Street, Kirkby Stephen
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