2 bedroom pub for sale

Canterbury Road, Sunderland, Tyne And Wear, SR5

Guide Price £374,995

Property Description

Commercial information

  • Business for sale

Key features

  • Free house
  • Weekly Turnover 3000, wet sales only
  • Corner location in busy residential area
  • Potential for alternative use (with permission)

Full description

Tenure: Freehold

DESCRIPTION
The current vendors have operated the business successfully for 16 years and have now placed the business on the market due to their impending wish to retire. Hylton Castle Arms is located in a large estate on the southern outskirts of Sunderland, easily accessed off the A1231 which leads through from the Washington highway past the A19 trunk road and through into Sunderland running parallel with the river wear.

Hylton Castle Arms is a family run business which currently operates with wet sales only. The business is made up of 3 main areas; large public bar with cushioned seats and wooden table, a function hall located to the left with capacity for 80 and also has its own bar and a Pool room to the right which has its own section of the main bar. The business has been run by the current owners own admission to a pace that suits their lifestyle but has huge potential to increase turnover by introducing food sales, as well as promoting the large function hall. It should also be noted that in the past the current vendors have enquired about change of use for the site with plans for a 60 bed Nursing Home and residential site with 26 flats.

Hylton Castle Arms owner's accommodation is directly above the business with its own entrance from the rear. The accommodation comprises of 2 large bedrooms, modern living room/dinning room, kitchen and very impressive bathroom with stand alone steam shower and double Jacuzzi bath. Owners also benefit from decked roof top patio and its very own bar with mini cellar and glass block bar. This area of the property can only be appreciated from viewing which is highly recommended.

WEEKLY SALES
Currently shop sales average approximately 3000 per week.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Sunday 12.00-12.30

STAFF
Family run business.

PROPERTY
A substantial detached property, traditionally constructed over two floors. To the rear of the property is a large workshop area split into 3 areas also to the rear is large private car park.

TENURE
We are advised that the property is freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
Fantastic opportunity to purchase a large plot in residential area with good going concern business and potential for alternative use.

More information from this agent

Nearest stations

  • South Hylton (1.3 mi)
  • Pallion (1.7 mi)
  • East Boldon (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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

  • South Hylton (1.3 mi)
  • Pallion (1.7 mi)
  • East Boldon (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 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 43363. 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 ALTIUS GROUP LIMITED, Kings. 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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