Property photos
£65,000
(£65,000.00/sq. ft)
Pub/bar for sale
Norton Road, Stockton-On-Tees TS181 sq. ft
Local area information
Property location
Nearby amenities
- Mill Lane Primary School 0.2 miles
- Stockton 0.3 miles
- Tilery Primary School 0.5 miles
- Thornaby 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and 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:
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:
More information
Listed by
Parker Barras
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