Pub/bar for sale in Norton Road, Stockton-On-Tees TS18, £65,000

65,000.00

Offer Nr.:
64626898
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
Parker Barras
Phone(s):
01642 966828

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:

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