Eastlea Road, Seaham, County Durham, SR7

Seaham is an attractive coastal town in County Durham, located just 6 miles south of Sunderland. The town benefits from excellent transport links, with the A19 to the west providing easy access to North Tyneside to the north and Teesside to the south. The property is situated in Eastlea, a popular residential suburb of Seaham, offering a convenient and desirable location for families and commuters alike.

This distinctive two-storey brick-built property, constructed in 1910, originally operated as a working men's club and adopted the name 'The Knack' after the nearby coal mine. The building is spread across three levels: basement, ground floor, and first floor, offering a versatile layout suitable for a variety of uses. The ground floor features two spacious lounge areas, a dedicated snooker and darts room, and restroom facilities.

The first floor includes a large function room, three storage rooms, male and female restrooms, and access to the residential accommodation. The residential space comprises a kitchen, bathroom, utility room, and three well-proportioned bedrooms, providing comfortable living quarters.

Total Rental Income £41,600 per annum, further details available upon request.

The property is available by way of freehold, at a price of £300,000 (Three Hundred Thousand Pounds), subject to contract.

The rateable value of the premises as at 1 April 2023 is £16,750 and the estimated rates payable for the current year is £8,358. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.

The property has an EPC Rating of B (46)

In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

Each party is responsible for their own legal costs.

All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.

Interested parties are advised to refer to the RICS Code for Leasing Business Premises 2020.

For all enquiries and viewing arrangements please contact sole agents, Bradley Hall Limited.

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