Property description

SITUATION
The property is centrally located within the market town of Seaham situated on South Terrace close to Seaham Harbour.

Seaham is an attractive town with a population of approximately 22,000 and is located on the north east coast of England, some 6 miles south of Sunderland and 19 miles north of Middlesbrough. The town is served by the A1012 and the A19 and is 8 miles east of the A1 (M).

DESCRIPTION
The Engineers Arms is a two storey purpose built public house of traditional brick construction with a cream rendered façade. The property benefits from a pitched timber frame roof with slate covering. 

Internally the property is utilised as a public house at ground floor level. At first floor level the property comprises a 3 bedroom flat which has historically been used as Managers accommodation. 

TERMS
The property is available for sale for offers in the region of £155,000 (One Hundred and Fifty Five Thousand Pounds).

RATING ASSESSMENT
DescriptionRVEstimated Rates Payable
Public House£7,400£3,845.40

We are advised that the rateable value of the premises as at 1 April 2010 is £7,400 and we have estimated the accrual rates payable for the current year above. This is based on the standard Small Business Rate of 47.1p in the pound. However, interested parties should confirm the current position with the Local Authority.

As a new occupier rights of appeal may exist against this assessment.

LEGAL COSTS
Each party is to bear their own legal costs involved in the transaction. 

VAT
VAT is payable on the sale price. 

VIEWING
For general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyors.

Property Features :

• Public house and living accommodation for sale
• 3 bedroom living accommodation at first floor
• Centrally located
• Close to Seaham Harbour
• EPC Rating Band D