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The Bridge Inn, Whorlton, County Durham, DL12 8XD

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Description

  • Grade II listed Public House/Restaurant
  • Central bar & lounge (30)
  • Extensive private accommodation
  • Located in affluent village, in Teesdale
  •  New Free of Tie Lease – Nil Premium
The Bridge Inn, is a semi-detached, traditionally stone built two storey building, which overlooks the village green. The affluent village of Whorlton is located approx three miles east of Barnard Castle and between the busy A66 and A67. Previously established and with a good reputation for both quality food and drink, The Bridge Inn has a great deal to offer a new operator, under the new interior space, which enables the offering of food and accommodation, without the additional costs of a 60 seater restaurant.
ACCOMMODATION
Ground Floor Entrance from the front leads to the attractive, wooden floored lounge/restaurant (30) with both loose and fixed seating, stone built open fire and painted roof beams. To the left is the central stone built bar which serves the lounge. The ground floor accommodates the catering kitchen, preparation and washing areas, servery from the kitchen to the bar, along with the ladies and gents toilets and access to the cellar. There is also both access to the rear patio and extensive car parking.
First Floor Entrance to the first floor is via the lounge and comprises of:
• Separate, extensive and well-presented private accommodation including 3 en-suite bedrooms/1 bedroom & lounge and bathroom/ toilet, with shower.
EXTERNAL
There is a driveway to the front and side of the property which leads to the car park to the rear. With access via the car park and the rear entrance, the attractive patio area to the rear offers outdoor seating.
THE BUSINESS
The previous tenant, established a reputation for both good beer and quality food, catering for both local villagers and customers from across the region. The bar offered a selection of traditional beers, along with a good selection of wines. The previous tenant catered for a variety of events during the year, including christenings, funerals and other celebratory events.
As the business is currently closed and no longer includes the additional restaurant, we are unable to provide suitable financial information.
However, although financial information is limited, research suggests that a net turnover of approx £3,000 per week, was regularly achieved. All interested parties are advised to undertake their own research on potential.
LICENCE
We understand that the property has been granted a Premises Licence under the Licensing Act 2003.
PLANNING
We understand the planning use class to be A3 – Provision of Food & Drink.
SERVICES
We are informed that the premises benefit from mains water, electricity and drainage, with oil fired central heating and propane gas for the kitchen.
LOCAL AUTHORITY
Durham County Council. We are led to believe that the Rateable Value is £8,300 pa.
TERMS & INGOINGS
* NIL PREMIUM.
* New Free of Tie, 5 year. Fully Repairing and Insuring lease.
* 6 Months’ rent in advance, as a refundable bond (£6000.00)
* Monthly rent, in advance
* The Fixture and Fittings will be valued and the new tenant will purchase the same, at the time of completion.
Year One: First Three Months Rent Free Period, Three Months reduced rent at £800 + VAT per calendar month, and Six Months rent at £1,000 + VAT per calendar month.
Year Two: £1,000.00 + VAT per calendar month. (annual headline rent of £12,000 + VAT).
Year Three: Rent review.

Address

  • State/county: County Durham
  • Country: United Kingdom

Detail

Updated on September 3, 2020 at 9:25 am

  • Property ID: DB19071
  • Price: Nil Premium
  • Property Type: Licensed Property, Public House
  • Property Status: SOLD SUBJECT TO CONTRACT

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