Skip to content

The Knack Sports Bar & Lounge, Eastlea Road, Seaham, SR7 8ED

Offers Over
£250,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • Long Established & Popular Venue
  • Large Function Rooms
  • 3 Bedroom Manager's Accommodation
  • Impressive size approx 1,300m2 /13,993 ft2
  • Currently Tenanted - Annual Rent £41,600
  • Energy Rating B
  • Christie & Co Ref: 6450490

Description

Description

This large and impressive 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 two levels on ground and first floor, as well as the basement, offering a versatile layout suitable for a variety of uses.

Having been recently refurbished throughout, this impressive two floor property is approximately 1,300m2 (13,993 ft2), and extremely well presented.

Location

Located in the popular residential area of Eastlea, Seaham, in County Durham, close to the town centre and coast the site is a convenient and desirable location for families and commuters alike.

Seaham is an attractive coastal town in County Durham, located just six 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.

Internal Details

The property is spread over basement cellar, ground and first floors. The ground floor space offers an impressive and large entrance area, with snooker and darts rooms, two impressive lounge areas and customer toilets on both floors.

With a large open plan bar on the ground floor, the venue boasts a capacity of c.250 covers in the bar and games rooms, 100 in the darts room and c.350 in the function room upstairs.

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.

The property has been well maintained, retaining a lot of the original features you would expect to find in a traditional community licensed venue.

Owner's Accommodation

Spread over two levels, the accommodation comprises of kitchen, bathroom, utility area and three bedrooms.

The Opportunity

The Knack is an extremely popular sports and social club in a densely populated residential area of County Durham.

Refurbished throughout to a high standard and frequented by locals as well as many clubs and teams, this is a rare opportunity to acquire a prime piece of real estate.

The sale includes all fixtures and fittings.

Trading Information

The site is currently tenanted on a short term lease and as such no trading information available.

Tenure

The property is currently tenanted on a short term basis. Total rental Income is £41,600 per annum.

Further information available on request.

Business Rates

The Rateable Value 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.

Regulatory

Premises Licence to trade until 12.00am, which is useful for functions.

Brochures

The Knack Sports Bar & Lounge, Eastlea Road, Seaham, SR7 8ED

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Seaham Station0.9 miles
  • Park Lane Metro Station4.5 miles
  • University Metro Station4.7 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 6450490-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.

Map data ©OpenStreetMap contributors.