Pub for sale

Alex Bar, 5 High Street, Tow Law, DL13 4DL

Guide Price 474 sq. m. | £70,000

Property Description

Commercial information

  • 5,102 sq ft (474 sq m)
  • Use class orders: A4 Drinking Establishments

Key features

  • Very well refurbished building
  • Main road position
  • Excellent finishes
  • Bar and restaurant
  • Function/concert room
  • 474m2 (5,102sq. ft)
  • Fixtures and fittings included

Full description

Tenure: Freehold

To be sold under unconditional auction terms and conditions.

The subject property is a deceptively spacious and very well updated free house and function venue located in a prominent position on the A68 at Tow Law, County Durham. Formerly a workingmen club, the property provides accommodation of well-sized proportions, which is now a fully modernised and licensed premises with a sports bar and games room facility housing a snooker and pool table at the front of the building, a restaurant room to the rear which comes complete with a carvery unit, a fully modernised commercial kitchen and W.C. facilities, all with renewed fixtures and fittings. All fixtures and fittings are included in the sale (only excluding the pool table, bandit and games machine). The first floor concert room is a fantastic venue for live entertainment and private facilities with a fully equipped bar and quiet room.
We consider that the building should be of interest for people wishing to carry forward the existing operation, and also to interested parties looking to change aspects of the building for some alternative business or use moving forward subject to permissions.

LOCATION
The subject property is located within the High Street, Tow Law, in a rural area in County Durham. This location is primarily made up of residential properties with a number of different villages and towns close by providing a high level of services and facilities. This includes Durham City Centre approximately eleven miles East, Bishop Auckland approximately nine miles South and Crook approximately five miles South. The area has good access to the region provided by the A68 and A689, connecting to the A1.

ACCOMMODATION
GROUND FLOOR
Entrance hall
Main bar: 60m2
Games area: 70m2
Dining/function room: 96m2
Commercial kitchen: 22m2
Ladies and gents W.C.
Disabled and staff W.C.
NIA: 248m2

FIRST FLOOR
Landing
Ladies and gents W.C.
Concert/function room: 155m2
Quiet lounge: 71m2
NIA: 226m2

TOTAL NIA: 474m2 (5,102sq. ft)

TENURE
This property is freehold, title number: DU277458.

RATEABLE VALUE
The adopted rateable value is 6,000 pounds as effective from 01 APRIL 2010.
Source: www.voa.gov.uk.

EPC
We currently await a copy of the Energy Performance Certificate.

VAT
Unless otherwise stated, all stated figures are expressed exclusive of VAT. We await confirmation that VAT is payable on this transaction.

AUCTION INFORMATION
The subject property is offered on unconditional sale terms. This means that the successful bidder will be required to exchange contracts on the day together with the submission of a 10% deposit subject to a minimum of three thousand six hundred pounds. Completion will thereafter take place no more than 28 days later. Interested parties should ensure they have satisfied themselves of all queries prior to auction as all acceptable bids are legally binding. As well as the 10% deposit any successful bidder would have to pay (six hundred and fifty pounds plus VAT) admin charge on any auction purchase. Bidders should be aware that additional costs may be due within the special conditions of sale, if provided by the sellers solicitor. You should check this before bidding.

Nearest station

  • Bishop Auckland (8.1 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 station

  • Bishop Auckland (8.1 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.

Disclaimer - Property reference 7954. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pattinson Estate Agents, Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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