Punch Bowl

Price:

Freehold - £225,000

Seller Ref:

2445

Location:

Durham

Business Type:

Pubs

See Other:

Pubs for sale in Durham
Pubs for sale in Durham

Description:

THE BUSINESS:

Freehold Pub For Sale In Stanley, County Durham LOCATION The Punch Bowl can be found on the corner of Edward Street (B6532) and Wagtail Lane in Craghead, Stanley, County Durham. The property is approximately 7 miles from Durham Railway Station and the Town Centre. The Punch Bowl is situated under 1 mile* from South Moor Golf Club, one of Durham's finest Golf Courses. PROPERTY Prominent corner plot detached 2 storey building. The property benefits from a large car park to the rear in addition to further parking to the front. FURTHER INFORMATION Vacant possession Development potential (STPP) Approx gross site area: 15,302 sq.ft* Approx ground floor foot plate: 3,034 sq.ft* Rateable Value: GBP2,950 Offers invited for our clients unencumbered interest The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes). Please note that VAT may be applicable in this matter.