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The Old Courthouse, Victoria Road, Consett, United Kingdom, DH8 5AX

Guide Price
£350,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Town Centre Location with Good Footfall
  • Leasehold option to an experienced operator
  • Recently Refurbished & Immaculately Presented
  • Great Potential | 100+ Covers
  • *For sale via secure sale online bidding
  • Fully Licensed | EPC Rating C
  • Christie & Co Ref: 6450528

Description

Description

The Old Courthouse is a large three storey detached brick building. Tastefully refurbished throughout recently to a very high standard, the property has spacious trading areas as well as large living accommodation on the upper two floors. The property requires very little, if any, capital expenditure.

Based in the town centre, the Bar and Kitchen is frequented by locals due to its' food and beverage offering.

The business is now closed.

Location

The Old Courthouse occupies a prominent position on the corner of Victoria Road and John Street in Consett Town Centre. It is situated within walking distance of the Victoria Centre and close to many retail businesses, local amenities and transport links including the town centre bus station.

Consett is a town in County Durham around 14 miles south-west of Newcastle upon Tyne.

Internal Details

Main entrance through the front doors leads to a large bar with lounge areas to the left and seating/standing for c.40 covers.

The large restaurant area is to the rear through the main bar. Tastefully decorated with features such as wooden floors, exposed beams, glass/sky light ceiling, period brickwork and large brick pizza oven. Separate small bar and seating for c.75 covers.

Good sized commercial kitchen, prep and wash up areas.
Ancillary areas include; Toilets and storage, as well as access to top floors and basement cellar.

Fixtures & Fittings

Available by negotiation and subject to an inventory.

AUCTION

*For sale via secure sale online bidding: terms and conditions apply.*

VACANT - Freehold Three Storey Detached Building
Guide Price* - £270,000+
6th & 7th Nov 2024 - Residential - Live Stream

Owner's Accommodation

Spread over two levels comprising a living room, dining room, office, kitchen, bathroom. A one bedroom on the second floor with a kitchen, and two bedrooms and bathroom on the top floor.

The Opportunity

Although this popular business is now closed, it benefited from loyal and repeat custom and having a very strong reputation in the local and wider area for its quality food and drink offering.


This opportunity would suit a first time entrant or an existing operator looking to add to their portfolio.

Viewing is highly recommended.

Tenure

Freehold

TO LET
Our clients are prepared to offer a new lease to an experienced operator at a commencing rent of c.£30,000 per annum. Ingoing Premium, lease length and other terms are to be negotiated.

Business Rates

The Rateable Value from 1 April 2023 is £5,200. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence - 7.00am to 2.00am.

Energy Performance Certificates

EPC 1

Brochures

The Old Courthouse, Victoria Road, Consett, United Kingdom, DH8 5AX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stocksfield Station7.3 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 6450528-fh. 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 Christie & Co, Pubs & Restaurants. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Christie & Co, Pubs & Restaurants on 03333 443160.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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