REF: 208105748

For Sale

Nightclub/Bar/Flat/Large Garage, Horden, Peterlee, SR8 4PF

Key Features

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

Specifications

Invest and Develop, retail, Industrial

5000 sqft

320000

Description

This expansive property extending to over 5000 sq ft is offered as a whole or in separate units.

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. All recently refurbished to a high standard.

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 as a going concern. The bar/social club and nightclub are offered at £250,000

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 £60,000

The bar/nightclub and flat could be offered as a whole for £280,000

LARGE GARAGE/INDUSTRIAL UNIT

This is located at the rear of the property and is a suitable size to house 10 or 12 cars or could be used for other industrial purposes or storage.

It is offered separately at £70,000

The property can be offered on a flexible basis as a whole for £320,000 or as individual units as detailed above.