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Sunderland Rd - Horden Labour Club

5,218 SF Retail Unit Offered at £300,000 in Horden SR8 4PF

Investment Highlights

  • Roller shutters.
  • Multi use property.
  • Good transport links.

Executive Summary

The property is of masonry construction over two floors.

Property Facts

Price £300,000
Unit Size 5,218 SF
No. Units 1
Total Building Size 11,403 SF
Property Type Retail (Unit)
Property Subtype Bar
Sale Type Investment
Building Class C
Number of Floors 2
Typical Floor Size 5,702 SF
Year Built 1980
Lot Size 0.15 AC
Parking Ratio 0.18/1,000 SF

1 Unit Available

Unit Club

Unit Size 5,218 SF
Price £300,000
Price Per SF £57.49
Unit Use Retail
Sale Type Investment
Tenure Freehold
Description

Comprised of a downstairs bar/social club spanning 1,131 SqFt of internal 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.

Just above and held on a floating freehold is the first floor nightclub premises, sized at 3265 SqFt with a separate lounge bar, main room with dance floor, stage, DJ booth and seating areas, bar with stock and utility area, two offices, customer WC

To the rear of the property there is a small lock up unit sized at 172 SqFt currently occupied by a tattooist .

Also accessed from the rear is a large garage sized at 650 SqFt which is able to house up to 10 cars, this unit has recently had new roller shutters and new concrete installed.

Sale Notes

Fixed price £300,000.

Rental income £3,350pa

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Amenities

  • 24 Hour Access
  • Roller Shutters

Nearby Major Retailers

ALDI
ASDA
Sainsbury's
Fulton Bank
Iceland
Costa Coffee
Lloyds Bank
Lidl
Starbucks
  • Listing ID: 33606347

  • Date on Market: 23/10/2024

  • Last Updated:

  • Address: Sunderland Rd, Horden SR8 4PF

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