Pub/bar for sale in Bradley Close, Chester Le Street DH2

Village location
Large, detached building
Two trade areas (200)
Spacious owners accommodation
Large beer garden and parking
Net Turnover £260,000
Leasehold: £30,000

Ouston is a village in County Durham, approximately 8 miles south-west of Newcastle upon Tyne and 10 miles north of the city of Durham. Surrounded by a modern housing estate, this busy pub has a loyal clientele within the village and the potential to increase turnover with a food offering.

The property is a large, detached public house dating back to the early 1960s. This two-storey property has been tastefully renovated to a high standard. It is of brick construction under a pitched tile roof.

The property briefly comprises:-

Trade areas

Entering the front of the property into the reception hall, the main bar area (100) is to the right-hand side. This trade area comprises wooden flooring, comfy bench seating, games area with pool table, dart board and wall mounted TVs. The servery for this trade area is solid wood and well equipped.

Left of the entrance hall is the second trade area with carpet flooring and bench seating. This area also has a capacity for 100 people. In addition, this trade area has its own bar servery.

Both trade areas are of a high standard, with modern interiors.

Ladies’ and gentlemen’s toilets adjacent to main bar area.

Cellar accessed from the rear of the property.

Small but well-equipped catering kitchen.

Owners accommodation

Located on the first floor is private accommodation comprising three double bedrooms, kitchen, bathroom and spacious living room. This accommodation is currently let out on a private assured tenancy but is offered with vacant possession.

External

To the rear of the property is a large tarmac car park, external storage buildings and a large, secluded beer garden with sheltered seating and a children's play area. To the front of the property is a green area with additional bench seating. The outside areas are extremely popular in the warmer months and increase the pub's capacity significantly.

Leasehold:£30,000 to include goodwill and fixtures and fittings. Stock at valuation in addition
term:Six years
landlord & tenant act 1954:Inside Part II Landlord & Tenant Act 1954
assignability:Fully assignable subject to Landlord’s consent
bond:A bond equivalent to 3 months’ rent in advance
rent:£22,000 per annum, paid monthly in advance
rent review:Subject to rent reviews every third year of the term
repair liability:Full repairing and insuring lease agreement
tie:Free of all trade ties
insurance:The Landlord will insure the building, the cost of which will be charged to the Tenant by way of an Insurance Rent
VAT:VAT will not be payable on the Premium and rental payments

No direct approach to be made to the business; please direct all communications through Sidney Phillips.

Viewing strictly by appointment only.