Sunderland Road, Peterlee, County Durham, SR8

Horden Labour Club, Sunderland Road, Horden, Peterlee, County Durham, SR8 4PF

This huge property spanning over 5,000 SqFt is availble and can be offered with vacant possession, an excellent opportunity for any investor.

Comprised of a downstairs bar/social club spanning 1,131 SqFt of internal lounge area with seating, main bar area, pool room, customer WCs, store area with potential to convert to a commercial kitchen, boiler room and cellar. Outside there is a smoking area and beer garden to the rear.

Just above and held on a floating freehold is the first floor nightclub premises, sized at 3265 SqFt with a separate lounge bar, main room with dance floor, stage, DJ booth and seating areas, bar with stock and utility area, two offices, customer WC

To the rear of the property there is a small lock up unit sized at 172 SqFt currently occupied by a tattooist .

Also accessed from the rear is a large garage sized at 650 SqFt which is able to house up to 10 cars, this unit has recently had new roller shutters and new concrete installed.

Finally there is accommodation on site which is a 2 double bedroom self contained flat on the first floor and is accessed from the first floor. Sized at 828 SqFt and it was recently refurbished in 2023,

The, Nightclub, downstairs pub/club, rear garage and next door flat are held on one 5 year lease lease at £3,000 per month signed September 2024

The rear lockup unit occupied by a tattooist is held on a 5 year lease also signed September 2024, at £350 per month

Current Rental Income - £3,350 Per Month

For Sale - £300,000 Fixed Price