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Norton Road, Stockton-On-Tees, Durham, TS18

£65,000

Business rates & charges may apply

Parker Barras, Teesside
SIZE

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SECTOR

Pub for sale

USE CLASSUse class orders: A1 Shops, A4 Drinking Establishments and B1 Business

A1, A4, B1

Key features

  • High footfall
  • Great Investment Opportunity

Description

Tenanted investment, ground floor retail unit only currently trading as Champagne Charlie's. The tenant pays £8,000 per annum on a lease for a term of 6 years from 2022.


The property is in excellent decorative order throughout and comprises main bar room with separate male and female WC's and a staircase leading down to full height cellar.


The property is held on a long lease for a term of over 100 years and the ground rent is £500 per annum. The upper floors are not included, this is the ground floor only. Meaning the rent profit is £7,500 per annum.


Price £65,000.

Our Ref:

Norton Road, Stockton-On-Tees, Durham, TS18

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockton Station0.2 miles
  • Thornaby Station0.8 miles
  • Billingham Station3.0 miles

About Parker Barras, Teesside

The Qube Windward Way, Middlesbrough, TS2 1QG

Parker Barras, Teesside

Parker Barras are award-winning Commercial Property & Business Transfer Agents formed in 2007 and operating from state-of-the-art office premises, located in Teesside and covering the North East.

Our proactive approach enables the firm to act efficiently on the Sale and Letting of all types of Commercial Property, as well as acting as business transfer agents, helping you achieve the best outcome, when its comes to selling your business.

Parker Barras charge absolutely no upfront

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Notes

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Disclaimer - Property reference 184787672. 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 Parker Barras, Teesside. 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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