Pub for sale

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

1,950 sq. ft. | £272,000

Property Description

Commercial information

  • 1,950 sq ft (181 sq m)

Full description

LOCATION

Located 12 miles (19 km) north of Middlesbrough and 26 miles (4 1 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, The Compass Rose, The Black Olive and Wallis & Co wine bar.

DESCRIPTION

The unit is currently occupied as a bar & bistro (under development) located overlooking Hartepool 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 years 3 months FRI lease (1/10/16 to 31/12/26)
Break Clause - 1/1/22
Review - 1/1/22
Rent - 27,200.00 + VAT per annum
Tenant - Oh This Is Us Ltd
Guarantor - Lyndsey Kelly

GUIDE PRICE

Guide Price over 272,000.00.

EPC

A copy is available upon request.

ADDITIONAL INFORMATION

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

More information from this agent

Nearest stations

  • Hartlepool (0.6 mi)
  • Seaton Carew (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268182 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

  • Hartlepool (0.6 mi)
  • Seaton Carew (2.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Connect Property North East Ltd, Stockton-On-Tees

4 Halegrove Court Cygnet Drive Preston Farm Business Park TS18 3DB

01642 268182 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 GinandAleBarHARTLEPOOLMARINA. 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 Connect Property North East Ltd, Stockton-On-Tees. 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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