Lot 10 - The Bridge, Picktree Lane, Chester Le Street, County Durham, DH3 3SR

  • Unconditional Online Auction Sale
  • Guide Price* : £125,000 plus

Semi detached two storey public house with a small trading yard to the rear on a site approximately 330 sq m (395 sq yds)

Description

Prominent town centre semi detached, two storey public house that offers a range of trading areas and relative spacious 5 bedroom living accommodation. The property may have development potential subject to obtaining the necessary consents.

Location

The property is prominently situated situated fronting Picktree Lane (B6313) which is the route to the town centre from A167 that links from junction 63 of the A1 (M) less than 0.75 mile to the north. The surrounding area includes residential dwellings interspersed with a mixture of commercial businesses. Chester-le-Street is a market town in Country Durham and is located approximately 6 miles north of Durham and 8 miles south of Newcastle upon Tyne, with a population of approximately 24,000.

Tenure

Freehold.

Accommodation

Basement: Cellar and Beer Stores.
Ground Floor: Open plan trading area with a single bar, Separate games area and raised seating area, Ancillary trading areas including Male and Female WC’s
First Floor: Kitchen, Lounge, Five Bedrooms and a Family Bathroom/WC.

Outside

Enclosed yard at rear, with timber access gates.

EPC

Energy Asset Rating is E

VAT

VAT is payable on the purchase price, unless unless the purchaser intends to convert the buildings (or part of the buildings) at the Property with a view to them being used as a number of dwellings or solely for residential purposes and they must have prior to the date of exchange provided to the Seller a certificate in form VAT1614D to dis-apply the option to tax.

Buyers Administration Fee

There will be a Buyer's Administration Fee of £1,000 payable upon exchange of contracts.

Additional Information

1. The premises will be sold with the benefit of a premises licence.

2. Interested parties contemplated development should consult direct with the Local Planning Office, Durhan County Council, County Hall, County Durham, United Kingdom
DH1 5UL. Tel: 03000 26 0000

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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James Ashworth
0161 967 0122
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