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46-48 Market St 1,332 SF Retail Building Kirkby Stephen CA17 4QW $250,958 ($188.41/SF)



Investment Highlights
- Prime, Freehold High Street Premises
- Ground Floor Restaurant Or Shop - 1650 SqFt
- Scope to Increase Turnover and Add Value Through Modernisation
- Ample Off Road Parking
- Same Family Ownership for Over 60 Years
- In Need of Full Modernisation
- Two Bed First Floor Flat (650 SqFt)
- Established Trading Location in Popular Dales Market Town
- Ideal Investment Or Business Opportunity
Executive Summary
Guide Price £190,000
Shop & Flat Premises
Horseshoe Fish and Chip Restaurant is a well-established and popular business situated in the thriving market town of Kirkby Stephen.
The premises are located on the edge of the Yorkshire Dales National Park and within close proximity to the Lake District. Kirkby Stephen is a popular market town offering a wealth of activities and attractions, with excellent transport links to the A66, M6 and A1, providing easy access to both the Yorkshire Dales and the Lake District.
The business is profitable and has enjoyed a strong trading history. The current owners have successfully operated this family business for over 60 years. For personal reasons, the business is currently trading with reduced opening hours and is therefore not operating to its full potential.
The property presents an excellent opportunity for a new owner to modernise and put their own stamp on the premises. It offers significant potential, whether continuing as a fish and chip restaurant or adapting it for an alternative commercial use, subject to any necessary consents.
The first floor comprises a two-bedroom apartment requiring full modernisation. The accommodation includes two bedrooms, a bathroom, living room and kitchen, with separate access via the ground-floor vestibule.
The ground floor features an attractive bow-fronted shop with service counter, waiting area and dining room. To the rear there is an additional seating area, a large kitchen, potato preparation room, storage room and customer toilets.
Outside, to the rear of the property, there is access across the yard for deliveries. The property benefits from access from both Kirkby Stephen's Main Street and Faraday Road. The vendors own both the front and rear access points, together with the yard. However, neighbouring properties benefit from rights of way for unloading purposes.
This is an excellent opportunity for owner-occupiers, investors or those seeking a lifestyle business in a desirable location. Viewing is highly recommended to fully appreciate the size and potential of the property and is strictly by appointment only.
Shop & Flat Premises
Horseshoe Fish and Chip Restaurant is a well-established and popular business situated in the thriving market town of Kirkby Stephen.
The premises are located on the edge of the Yorkshire Dales National Park and within close proximity to the Lake District. Kirkby Stephen is a popular market town offering a wealth of activities and attractions, with excellent transport links to the A66, M6 and A1, providing easy access to both the Yorkshire Dales and the Lake District.
The business is profitable and has enjoyed a strong trading history. The current owners have successfully operated this family business for over 60 years. For personal reasons, the business is currently trading with reduced opening hours and is therefore not operating to its full potential.
The property presents an excellent opportunity for a new owner to modernise and put their own stamp on the premises. It offers significant potential, whether continuing as a fish and chip restaurant or adapting it for an alternative commercial use, subject to any necessary consents.
The first floor comprises a two-bedroom apartment requiring full modernisation. The accommodation includes two bedrooms, a bathroom, living room and kitchen, with separate access via the ground-floor vestibule.
The ground floor features an attractive bow-fronted shop with service counter, waiting area and dining room. To the rear there is an additional seating area, a large kitchen, potato preparation room, storage room and customer toilets.
Outside, to the rear of the property, there is access across the yard for deliveries. The property benefits from access from both Kirkby Stephen's Main Street and Faraday Road. The vendors own both the front and rear access points, together with the yard. However, neighbouring properties benefit from rights of way for unloading purposes.
This is an excellent opportunity for owner-occupiers, investors or those seeking a lifestyle business in a desirable location. Viewing is highly recommended to fully appreciate the size and potential of the property and is strictly by appointment only.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,332 SF
Building Class
C
Year Built
1905
Price
$250,958
Price Per SF
$188.41
Tenancy
Single
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.04 AC
Frontage
31’ on Market Street
Amenities
- Security System
- Storage Space
1 1
Nearby Major Retailers
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46-48 Market St
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