Location
The property is located on Sunderland Road which is the main road running from Gateshead through Felling towards Heworth.
The property sits at a busy junction in what is a mixed - use area which includes residential, commercial and office accommodation. The property would be suitable for other hospitality or commercial uses and the owner has also had plans prepared for a residential scheme on the site.
Description
The opportunity comprises an extensive detached two storey stone built property on an extensive site.
Accommodation;
Basement
Cellar
Ground Floor
Main Pub Area circa 1,420 sq.ft. (132 sq.m.)
Gents Toilets
Ladies Toilets
First Floor (with both internal and external access).
Lounge
Kitchen
3 x Double Bedrooms
Bathroom
External
Rear Yard / Beer Garden Area
Car Park currently hardstanding
Services
Electricity, Water and Gas are installed.
Rates
The premises are assessed as follows:
Rateable Value £2,600
Rates free incentives subject to status.
Tenure
We are verbally informed that the premises are available on a Freehold basis. Interested parties should seek legal confirmation of this.
EPC
Rating - C.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
DISCLAIMER - None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this.
DISCLAIMER - Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2,000 plus VAT (total £2,400) Auction Administration Fee.