Restaurant for sale
Property description & features
- Tenure: Freehold
- Ground Floor Retail Unit
- 5 Bedroom Family Home
- Licenced To Sell Alcohol
- Close To Local Amenities
End terraced traditional build property comprises of a ground floor retail unit (previously two units) operating as a fish and chip/hot food takeaway, which is also licensed for the sale of alcohol.
Included in the sale is the five bedroom family home which can be accessed from the side of the property. The ground floor briefly comprises of a lounge/ dining area and family kitchen. The first floor has five bedrooms and two bathrooms With additional space to the third floor.
Established since 1977 with online ordering available, offering fresh & varied menu of premium quality fish & chip meals/pizzas/kebabs & burgers etc from extremely well fitted & locally unopposed premises with excellent year-round regular trade in residential locality. Comes with spacious self-contained 5-bed family accommodation & loft conversion. For sale due to retirement after many successful years trading in the same hands with extensive inventory of equipment.
Rooms
Location
The subject property is well located along Front Street. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 0.3 miles from Wingate village centre and approximately 4.7 miles from Peterlee town centre.
Accommodation
The subject property comprises of a ground floor retail unit (previously two units) operating as a fish and chip/hot food takeaway, which is also licensed for the sale of alcohol. Included in the sale is the five bedroom family home which can be accessed from the side of the property. The ground floor briefly comprises of a lounge/ dining area and family kitchen. The first floor has five bedrooms and two bathrooms With additional space to the third floor.
Tenure
Freehold: Title number DU75293.
EPC
Rating C. Available upon request.
Rateable Value
The adopted rateable value is £2,275 as of the 1st April 2023. Sourced from VOA.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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Energy Performance data and Internal floor area
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