For Sale By Auction | 12:00, 14 December 2021 | Lot 14

The Victory, School Street, Easington Colliery, County Durham, SR8 3PR

*Guide | £140,000 + (plus fees)

  • Pub
  • 2 Bedrooms
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Tue 14/12/2021

Auction Time

12:00

Auction Venue

ONLINE ONLINE,

Public House tenanted on a 5 year lease at £1,600 PCM

This substantial Public House with living accomodation above is let on a 5 year lease at £1,600 PCM offering a yield on guide of more than 13% Comprising Bar, Function Room, Office and Celler with a two bedroom flat above. The total floor space is the floor space is approximately 718 sqm

Tenure

See Legal Pack

Energy Efficiency Rating (EPC)

Current Rating C & E

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Durham County Council

Solicitors

Rainbow Law, The Loft, 64 High Street, Uppermill, Oldham, OL3 6HA, Ref: Jane Stark, Tel: 01457 359150

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Buyer's Premium - £2000 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.