Pub/bar for sale in Norton Road, Stockton-On-Tees TS18

£65,000 (£65,000/sq. ft)
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Pub/bar for sale

1 sq. ft*

Property description

Tenanted investment, ground floor retail unit only currently trading as Champagne Charlie’s. The tenant pays £8,000 per annum on a lease for a term of 6 years from 2022.

The property is in excellent decorative order throughout and comprises main bar room with separate male and female WC’s and a staircase leading down to full height cellar.

The property is held on a long lease for a term of over 100 years and the ground rent is £500 per annum. The upper floors are not included, this is the ground floor only. Meaning the rent profit is £7,500 per annum.

Price £65,000.

Our Ref:

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Parker Barras, TS2 on +44 1642 966828 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Parker Barras, and do not constitute property particulars. Please contact Parker Barras for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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