The premises are located on Burnhope Way which is the main route into the town from the
A19 and the restaurant forms part of the main retail area.

Peterlee was founded as a New Town in 1948 located between Sunderland, Hartlepool and
Durham with good road links via the A19 trunk road and a railway station at nearby Horden.

Comprises a two-storey self-contained unit which was converted from a traditional local pub into a
food driven restaurant in 2014.

The property was refurbished in 2014 and had a strong daytime and early evening trade driven by
the food offer. Internally the property is configured to provide a large ground floor dining area with a separate private dining space off. There is a large kitchen which has a service hatch into the
restaurant. There are separate ladies and gents toilet facilities plus various storage rooms. There
is two bedroom living accommodation above.

Former “Sambuca” outlet.
Spacious premises for up to 90 covers.
Main dining area plus private room.
Town centre location.
Includes 2 bedroom flat above.
Long leasehold interest.

Property details provided by North East Commercial
EPC rating: C
Council Tax band: N/A
Tenure : Leasehold. The premises are held on a 99 year lease from 1st December 1960. We understand that the current ground rent is £175 per annum.

For Sale By Auction www.agentspropertyauction.com LIVE ONLINE AUCTION TAKING BIDS NOW OPTION 1

Ground Floor
Main Bar Area 1,600 sq.ft. (150 sq.m.).
Private Dining Room 310 sq.ft. ( 29 sq.m.).
Kitchen 600 sq.ft. ( 56 sq.m.).
Pot Wash
Cellar / Stores
Ladies Toilets
Gents Toilets

First Floor
Lounge
Bedroom 1
Bedroom 2
Kitchen
Bathroom

External
Outside Seating Area

Disclaimer 1
The Agents Property Auction have not inspected this property. The property details have been supplied byNEC. None of the services have been tested. Measurements, where given, are approximate and for descriptive purposes only. Boundaries cannot be guaranteed and must be checked by solicitors prior to exchanging contracts. The details are provided in good faith, are set out as a general guide only and do not constitute any part of a contract. No member of staff has any authority to make or give representation or warranty in relation to this property.
For sale by auction see www.agentspropertyauction.com

Disclaimer 2
Each auction property is offered at a guide price and is also subject to a reserve price. The guide price is the level where the bidding will commence. The reserve price is the sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price, which may be up to 10% higher than the guide price, is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction. The successful buyer pays a £2000+vat (total £2400) Auction Administration Fee. At your request we can refer you to a North East based Solicitor from our panel. It is your decision whether you choose to deal with them, should you decide to use them you should know that we would receive a referral fee of £180 including Vat from them for the recommendation.

Disclaimer 3
A copy of the title is available upon request, we recommend all potential buyers take legal advice, satisfy their requirements on all matters and have finance in place prior to purchase.

Details awaiting vendors approval.

Disclaimer 4
We are advised by the seller that the property has mains provided gas, electricity, water and sewerage.

The energy performance certificate attached advises the property is brick built and provides further details regarding the property’s construction.

Ofcom website does not show any broadband at this postcode: SR8 1BT or mobile coverage.