£65,000

Pub/bar for sale

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£65,000

(£65,000.00/sq. ft)

Pub/bar for sale

Norton Road, Stockton-On-Tees TS18

1 sq. ft

Local area information

Property location

Nearby amenities

  • Mill Lane Primary School 0.2 miles
  • Stockton 0.3 miles
  • Tilery Primary School 0.5 miles
  • Thornaby 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

Tenanted investment, ground floor retail unit only currently trading as Champagne Charlie’s. The tenant pays £8,000 per annum on a lease for a term of 6 years from 2022.

The property is in excellent decorative order throughout and comprises main bar room with separate male and female WC’s and a staircase leading down to full height cellar.

The property is held on a long lease for a term of over 100 years and the ground rent is £500 per annum. The upper floors are not included, this is the ground floor only. Meaning the rent profit is £7,500 per annum.

Price £65,000.

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  1. Zoopla
  2. Commercial for sale
  3. County Durham
  4. Teeside
  5. Stockton-on-Tees
  6. Norton
  7. Norton Road

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