REF: 208105748

For Sale

Multiple Properties for sale, Horden, Peterlee, SR8 4PF

Key Features

  • Huge Property
  • Asset Management Opportunity
  • High Rental Expected
  • Trading Club
  • Price Reduced

Specifications

Invest and Develop, retail

5000 sqft

29500

Description

This expansive property extending to over 5000 sq ft is offered as 4 separate and completely different units/sections as follows...

SECTION ONE

BAR/SOCIAL CLUB (Ground Floor)

Approximately 1131 sq ft comprising lounge area with seating, main bar area, pool room, customer WCs, store area with potential to convert to a commercial kitchen, boiler room and cellar. Outside there is a smoking area and beer garden to the rear.

NIGHTCLUB (First Floor)

Approximately 3265 sq ft with a separate lounge bar, main room with dance floor, stage, DJ booth and seating areas. Bar with utility and stock area, two offices and customer WCs.  All in very attractive condition.

Both the bar and nightclub are offered with vacant possession if. The bar/social club and nightclub are offered at £219,000

SECTION TWO

REAR LOCK UP UNIT

Sized at about 172 square feet and currently occupied by a tattooist at £350 per month (£4200 p.a.) on a 5 year lease which commenced in September 2024. Offered at £29,500

SECTION THREE

REAR GARAGE

Suitable to house about 10 cars with new concrete floor and recent roller shutter access door. Approx 1270 sq ft.in total. Offered at £69,950

SECTION FOUR

TWO DOUBLE BEDROOMED FLAT

Recently refurbished in 2023 and extending to about 828 sq ft with access at ground floor level to first floor accommodation. This can be sold Vacant possession or with a tenant at £500 per month

Offered at £59,950