Property photos
Just added
Business
£100,000
(£20.00/sq. ft)
Pub/bar for sale
High St, Stockton-On-Tees TS185,000 sq. ft
Local area information
Property location
Nearby amenities
- Mill Lane Primary School 0.3 miles
- St Cuthbert's RC Voluntary Aided Primary School 0.4 miles
- Thornaby 0.6 miles
- Stockton 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Stockton-On-Tees to find out more about the local area.
Features and description
- Prime Location
- Highly Profitable
- Late Licence
- Free of Tie
- Long Lease
- Flat Above
Parker Barras are delighted to offer following highly successful and popular licensed premises on Stockton High St. The Riverbank has been trading for 3 years but was previously traded as The ClockTower for the 8 years prior.
The pub which is mostly staff ran, it currently trades as follows.
Tuesday - 12pm - 10pm
Wednesday 12pm-12am
Friday - Saturday 12pm - 3am
Trading at around £9,000 - £10,000 per week. There is huge scope for further increased sales with increased opening hours.
The property it occupies is held on a lease with 9 years remaining and 1 remaining break clause in 2029. The rent is £24,000 + VAT per annum.
Comprised of a ground floor seating/bar area with some exterior seating at the front of the property for 6 tables and 18 chairs. There is raised level on this floor for dancing. The further 2 floors are a 1 bedroom flat and a 3 bedroom flat on the top floor. The full property is £24,000 Per Annum + VAT and the lease is to be assigned.
A dumbwaiter is installed form the ground floor to the first floor which could enable potential for a kitchen conversion and a further offering of food alongside the already successful drink products.
Accounts are availble upon request.
An overall great pub in a popular town centre location trading successfully with further scope to increase offerings and opening hours to increase takings.
For Sale - £100,000
The pub which is mostly staff ran, it currently trades as follows.
Tuesday - 12pm - 10pm
Wednesday 12pm-12am
Friday - Saturday 12pm - 3am
Trading at around £9,000 - £10,000 per week. There is huge scope for further increased sales with increased opening hours.
The property it occupies is held on a lease with 9 years remaining and 1 remaining break clause in 2029. The rent is £24,000 + VAT per annum.
Comprised of a ground floor seating/bar area with some exterior seating at the front of the property for 6 tables and 18 chairs. There is raised level on this floor for dancing. The further 2 floors are a 1 bedroom flat and a 3 bedroom flat on the top floor. The full property is £24,000 Per Annum + VAT and the lease is to be assigned.
A dumbwaiter is installed form the ground floor to the first floor which could enable potential for a kitchen conversion and a further offering of food alongside the already successful drink products.
Accounts are availble upon request.
An overall great pub in a popular town centre location trading successfully with further scope to increase offerings and opening hours to increase takings.
For Sale - £100,000
More information
Listed by
Parker Barras
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Property descriptions and related information displayed on this page are marketing materials provided by - Parker Barras. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Parker Barras for full details and further information.