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Takeaway for sale

Navigation Point, Middleton Road, Hartlepool, County Durham, TS24

260 sq. ft. | £80,000

Property Description

Commercial information

  • 260 sq ft (24 sq m)

Full description

LOCATION

Located 12 mile s (1 9 k m ) north of Middlesbrough and 26 miles (41 km) south of Newcastle Upon Tyne, Hartlepool benefits from good road connections north and south via the A19(T) and A1(M). The town's railway station provides direct services to London Kings Cross and Newcastle.
Hartlepool has a resident population of approximately 86,000 and a catchment within 12 miles (20 km) of the town centre of approximately 637,000.

The town is known for its port facilities and major tourist attractions including the Maritime experience, HMS Trincomalee Art gallery and Marina.

SITUATION

Navigation Point is the principal restaurant and bar location in Hartlepool and hosts a number of established operators including Casa Del Mar, Cinnamons and Spices. Additionally, there are a number of licensed bar operators including Port, Rosie O'Gradys, The Black Olive and Wallis & Co wine bar.

DESCRIPTION

The unit is currently occupied as an English takeaway located overlooking Hartlepool Marina which provides a mixture of retail, commercial and residential accommodation. The marina is one of the north east's key tourist attractions and provides the highest concentration of restaurants in Hartlepool offering high quality cuisine from around the world.

RENTAL

Term - 10 year FRI Lease (1/2/11 to 31/1/21)
Rent - 8,000.00 plus VAT per annum
Tenant - Mr Robert Darby

GUIDE PRICE

80,000.00 Excluding VAT.

EPC

EPC rating: E. A copy is available upon request.

ADDITIONAL INFO

The investment is to be sold on a 996 year lease hold basis
with an annual ground rent payable of 250 per annum.


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