Property description

SITUATION

Spennymoor is a busy town in County Durham situated 25 miles South of Newcastle and 7 miles South West of Durham. The town benefits from good communications being situated 3 miles to the West of Junction 61 of the A1(M) (which links the town to the A1(M) 69 miles to the South).

DESCRIPTION

The property comprises of a brick build terrace Nightclub covering both ground and first floor extending to 823.70 m2. The property benefits from a ground floor bar/ lounge including storage and a small managers office, then a first floor dance floor, including first floor storage.

ACCOMMODATION

The property briefly comprises of;

Ground Floor Bar/Lounge 225.50 m2 (2750.15 sqft)

Ground Floor Office 14.20 m2 (152.84 sqft)

Ground Floor Storage 3.30 m2 (35.52 sqft)

Ground Floor Cellar 18.20 m2 (195.90 sqft)

First Floor Dance Floor 558.80 m2 (6014.81 sqft)

First Floor Storage 3.70 m2 (39.82 sqft)

Total 823.70 m2 (8866.14 sqft)

TERMS

RATING ASSESSMENT

Club and        RV                 UBR
Premises     £13,500             0.448

LEGAL COSTS

Each party to bear their own legal costs incurred in this transaction.

VAT

All rents, premiums and purchase prices quoted herein are exclusive of vat. All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.

VIEWING

For general enquiries and viewing arrangements please call Bradley Hall Chartered Surveyors

Property Features :

• Prominent High Street Location
• Ground Floor Extending to 261.20 m2 (2811 sq ft)
• First Floor Extending to 592.50 m2 (6377.50)
• For Sale £125,000
• SUBSTANTIALLY REDUCED