Restaurant for sale

Church Road, Stockton-on-Tees, Durham, TS18 1TW

Offers Over £169,950
1,209 sq. ft.

Property Description

Commercial information

  • 1,209 sq ft (112 sq m)
  • Use class orders: A3 Restaurants and Cafes

Key features

  • Ground floor restaurant
  • First floor accommodation
  • Very established business
  • Busy commercial location
  • Freehold title

Full description

Tenure: Freehold

The subject property is a mid-terrace, brick-built, owner-occupied, mixed-use unit consisting of a restaurant to ground floor with living accommodation above.


Location 
The subject property is located within Church Road, Stockton-on-Tees in Cleveland. This is a well-established commercial location; Church Road itself provides access into Stockton town centre and so has a high level passing traffic. It benefits from being on the same street as the popular leisure facility, Splash, the Civic Centre, the Central Library and many offices, as well as being in close proximity to retailers such as Marks and Spencer and Debenhams. A Hampton by Hilton hotel, due to open in 2018, is planned immediately opposite the premises. The location is provided with good access to the region via the A19 and A1.

Accommodation  
Ground floor retail with living accommodation above consisting of a Greek restaurant and owner-occupied flat. NIA approx. 112.4sqm (1,209.8sqft).

Business Details 
Currently trading as 'Kaminaki Greek Taverna', the business is well-established and has been enjoying healthy profits for many years. The business has a full alcohol licence. There are 9 tables set as 26-32 covers. The current owners, who wish to retire because of age and ill health, operate on limited trading hours of Tuesday to Saturday from 5.30pm til 9.30pm so there is scope for greatly increased opening hours. We are advised that AWT are approximately �2,000. Accounts can be made available upon request.

Tenure 
Freehold. Title number TES7136.

Rateable Value 
The adopted rateable value is �2,400 as effective from 01 APRIL 2010. Sourced from VOA. Currently, the premises are exempt from paying rates.

EPC 
Available upon request.

VAT 
We are advised that VAT is not applicable on this transaction.

Additional Information 
For further information please contact our office direct on 0191-425-1507, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

More information from this agent

Nearest stations

  • Stockton (0.4 mi)
  • Thornaby (0.6 mi)
  • Billingham (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stockton (0.4 mi)
  • Thornaby (0.6 mi)
  • Billingham (2.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Pattinson Estate Agents, Commercial

21/23 Ridley Place, Newcastle Upon Tyne, NE1 8JN

0191 687 0258 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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