The Mitre, 151 Newgate Street, Bishop Auckland, DL14 7EN

£350,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Bar or nightclub

Key features

  • Wet-led public house
  • Located In Bishop Auckland town centre
  • En-suite One bedroom owners accommodation
  • Large function room with supporting bar
  • Site area: c.0.065 acres
  • Energy Rating B
  • Christie & Co Ref: 6450581

Description

Description

The property comprises a part two‑storey, part three‑storey brick-built public house, situated within an established town centre location. The building is of traditional solid brick construction, finished with a painted external façade, and underneath a pitched, concrete‑tiled roof. To the rear is a two storey flat roof extension and single storey extension with glazed roof.

Location

Bishop Auckland is a long‑established market town in County Durham serving as a key centre for the surrounding Wear Valley communities. The town benefits from a broad mix of national and independent operators, essential services and strong transport links, including convenient access to Durham and Darlington via the A688 and A689, supported by a local railway station providing regional connectivity. Recent investment in heritage and cultural projects has strengthened the town’s profile and continues to drive visitor activity.

The Mitre is positioned within an established trading frontage close to the town centre, surrounded by residential areas and local amenities that support consistent daily footfall. The immediate area offers a blend of retail, service and community uses typical of a traditional market town environment, providing a reliable customer base.

Internal Details

The ground floor trading area consists of a open‑plan bar arranged around a bar servery positioned along the right‑hand side of the room. The layout provides seating for approximately 76 covers,

At first‑floor level, the property benefits from a large L‑shaped function room with an estimated capacity of around 100 guests. This space includes its own independent servery together with dedicated toilet facilities suitable for events and private hire.

Fixtures & Fittings

We are advised that the majority of fixtures and fittings are owned outright and will be included in the sale, subject to an inventory.

Owner's Accommodation

En‑suite one‑bedroom flat with separate lounge.

The Opportunity

The Mitre is owned by Camerons Brewery and is offered for sale as they concentrate their efforts on their Head of Steam brand, having sold the vast majority of their freehold community pubs in 2024.

Trading Information

Turnover for the 12 months to 31st December 2025: £390,149 net of VAT.

The business currently operates on a franchise agreement, which can be terminated at any time on four weeks notice.

Trading Hours

Monday - Sunday
9.00am until 11.00pm

Business Rates

The Rateable Value is £28,500 with effect from 1 April 2026.
Confirmation of actual business rates payable should be
obtained from the Local Authority

Regulatory

Premises Licence

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

The Mitre, 151 Newgate Street, Bishop Auckland, DL14 7EN

NEAREST STATIONS

National Rail

Bishop Auckland Station

0.23 miles

National Rail

Shildon Station

2.77 miles

National Rail

Newton Aycliffe Station

4.72 miles

About Christie & Co, Pubs & Restaurants

Christie & Co, Pubs & Restaurants

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

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Disclaimer - Property reference 6450581-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.