Property photos
£295,000
(£65.90/sq. ft)
Retail premises for sale
Sunderland Road, Peterlee SR85,000 sq. ft
Local area information
Property location
Nearby amenities
- Seascape Primary School 0.3 miles
- Our Lady Star of the Sea Roman Catholic Voluntary Aided Primary 0.5 miles
- Horden 0.5 miles
- Seaham 4.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Peterlee to find out more about the local area.
Features and description
- Huge Property
- Asset Management Opportunity
- High Rental
- Trading Club
- Price reduced
Price Reduced !
Horden Labour Club, Sunderland Road, Horden, Peterlee, County Durham, SR8 4PF
This huge property spanning over 5,000 SqFt is availble and can be offered with vacant possession, an excellent opportunity for any investor.
Comprised of a downstairs bar/social club spanning 1,131 SqFt of internal lounge area with seating, main bar area, pool room, customer WCs, store area with potential to convert to a commercial kitchen, boiler room and cellar. Outside there is a smoking area and beer garden to the rear.
Just above and held on a floating freehold is the first floor nightclub premises, sized at 3265 SqFt with a separate lounge bar, main room with dance floor, stage, dj booth and seating areas, bar with stock and utility area, two offices, customer WC
To the rear of the property there is a small lock up unit sized at 172 SqFt currently occupied by a tattooist .
Also accessed from the rear is a large garage sized at 650 SqFt which is able to house up to 10 cars, this unit has recently had new roller shutters and new concrete installed.
Finally there is accommodation on site which is a 2 double bedroom self contained flat on the first floor and is accessed from the first floor. Sized at 828 SqFt and it was recently refurbished in 2023, The, Nightclub, downstairs pub/club, rear garage and next door flat are held on one 5 year lease lease at £3,000 per month signed September 2024
The rear lockup unit occupied by a tattooist is held on a 5 year lease also signed September 2024, at £350 per month
Current Rental Income - £3,350 Per Month - £40,200 per annum representing an excellent return on capital outlay.
For Sale - £295,000 Fixed Price
Horden Labour Club, Sunderland Road, Horden, Peterlee, County Durham, SR8 4PF
This huge property spanning over 5,000 SqFt is availble and can be offered with vacant possession, an excellent opportunity for any investor.
Comprised of a downstairs bar/social club spanning 1,131 SqFt of internal lounge area with seating, main bar area, pool room, customer WCs, store area with potential to convert to a commercial kitchen, boiler room and cellar. Outside there is a smoking area and beer garden to the rear.
Just above and held on a floating freehold is the first floor nightclub premises, sized at 3265 SqFt with a separate lounge bar, main room with dance floor, stage, dj booth and seating areas, bar with stock and utility area, two offices, customer WC
To the rear of the property there is a small lock up unit sized at 172 SqFt currently occupied by a tattooist .
Also accessed from the rear is a large garage sized at 650 SqFt which is able to house up to 10 cars, this unit has recently had new roller shutters and new concrete installed.
Finally there is accommodation on site which is a 2 double bedroom self contained flat on the first floor and is accessed from the first floor. Sized at 828 SqFt and it was recently refurbished in 2023, The, Nightclub, downstairs pub/club, rear garage and next door flat are held on one 5 year lease lease at £3,000 per month signed September 2024
The rear lockup unit occupied by a tattooist is held on a 5 year lease also signed September 2024, at £350 per month
Current Rental Income - £3,350 Per Month - £40,200 per annum representing an excellent return on capital outlay.
For Sale - £295,000 Fixed Price
More information
Listed by
Parker Barras
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