Retail property (high street) for sale

North Road West, Wingate, County Durham, TS28 5AP

0191 392 0913

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Retail property (high street)

0 bed

0 bath

1,375 sq ft / 128 sq m

Property description & features

Tenure: Freehold
Hair and beauty salon
Two storey end terraced premises
Well located
Potential for conversion to residential (STPP)

We are pleased to offer to the market this two storey hair and beauty salon, located along North Road West, Wingate.

On the ground floor there is a hair salon, barbers, washroom, kitchen, storage and W.C., and to the first floor there are three beauty rooms, a nail room, bathroom and waiting area. To the rear of the property there are three public parking bays. We are advised the property the salon is currently generating an income in the excess of £25,000 with the potential to increase once fully occupied.

Alternatively, the property could offer potential to be converted back into a large residential property (subject to planning permission).

Rooms

Location
The subject property is well located along North Road West. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 0.3 miles from Wingate village centre and approximately 4.7 miles from Peterlee town centre.

Accommodation
Ground Floor Barbers (4.8m x 4.1m) Hair Salon (5.9m x 5.3m) Wash Room (2.9m x 2.6m) Kitchen (3.2m x 2.8m) Storage (3.2m x 2.9m) W.C. First Floor Beauty Room 1 (4.5m x 3.5m) Beauty Room 2 (3.1m x 3.1m) Nail Room (4.2m x 2.8m) Beauty Room 3 (3.3m x 1.9m) Waiting Area (2.9m x 1.5m) Bathroom

Business Details
The business currently trading as ''Seraph hair & beauty and the Barber lounge'' is owner occupied and currently has 5-6 self employed staff members with the ability to add another 6-7 members. We are advised the property the salon is currently generating an income in the excess of £25,000 with the potential to increase once fully occupied.

Business Hours
The business hours fluctuate to accommodate clients needs with staff members sometimes working 7 days a week at peek season.

Tenure
Freehold. Title number: DU87757

Rateable Value
The adopted rateable value is £4,750 as of 1st April 2023. Sourced from VOA.

EPC
We currently await a copy of the Energy Performance Certificate.

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Pattinson - Commercial

2 Hill Street, Gateshead Tyne and Wear NE8 2AS

0191 392 0913

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Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.

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Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021

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Mobile phone signal availability and predicted strength

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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

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