Offers in region of

£199,500

(£65.90/sq. ft)

Retail premises for sale
Sunderland Road, Peterlee SR8

    • 5,000 sq. ft

Added on 16/07/2024

About this property

  • Huge Property

  • Asset Management Opportunity

  • High Rental

  • Trading Club

  • Price reduced

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

This is a fully functioning Nightclub and Bar fitted to a high standard in a building extending to about 5000 sq ft

It offers the opportunity to acquire a ready made business ideal for a hands-on operator

Ground Floor

Bar/Social Club

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.

First Floor

Nightclub

Approximately 3265 sq ft with a separate lounge bar, main room with dance floor, stage, dj booth and seating areas. Fitted bar with utility and stock area. Two offices and customer WCs. Again, all in very good condition.
Two bedroomed flat


The property benefits from a flat which is currently tenanted at £500 per month but could be offered with vacant possession if desired.
Large garage/industrial unit


Located at the rear of the property and of a suitable size to house 10 or 12 cars but could be used for other industrial purposes or storage

The entire property is available with offers invited

Mortgage calculator

Monthly repayment

£997 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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