Norton Road, Stockton-On-Tees, Durham, TS18
Size
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Tenure
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EPC
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Parking
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- Primary use
- Pub
No floor / site plan
Key features
- Tenanted Investment
- Licensed Premises
- 12% Return
- Prime Location
Description
The property which is currently occupied as a licensed pub is held on a 5 year lease signed June 2025 . Currently achieving £8,000 per annum rental income.
The current tenants did a full fit out of the property and it is excellently decorated, comprised of the main bar, separate male and female wc's and a full size basement cellar .
The ground floor unit is held on a Long Leasehold basis signed in 2003 on a 125 year lease, the current ground rent payable is £520 per annum .
After ground rent is payed this means the rent profit is £7,480, an excellent investment for any buyer.
For Sale - £50,000
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
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- BREEAM rating
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- Environmental description
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Norton Road, Stockton-On-Tees, Durham, TS18
About PARKER BARRAS COMMERCIAL LIMITED, North East
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Disclaimer - Property reference 209957821. 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 COMMERCIAL LIMITED, North East. 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.