Property Description

A freehold public house with residential accommodation to the first floor, located in the town centre of Stockton-on-Tees and to be sold with vacant possession. This corner-terrace property is arranged over three storeys, plus basement, and extends to approximately 283 sq m (3,053 sq ft). It briefly comprises a large, open-plan trading area with 4-sided bar with seating for 70 people, along with a pool area, kitchenette, and customer toilets. A hatch provides access to a beer store basement. To the first and second floor is private residential accommodation with separate access to the rear and offering three bedrooms with living space. The Seller has opted to tax the Property and VAT will be payable in addition to the Price.

Location:

The Red Lion is located on a popular narrow street that links the High Street 50m to the East with W Row and the A1065 50m to the West. This is a Town centre location surrounded by a selection of retail outlets, offices, public car parks and a number of other licensed properties including The Ramsgate and The Reindeer.

Basement:

Beer store.

Ground Floor:

Small entrance lobby, open plan room with central bar servery, pool area, kitchenette, customer toilets.

First Floor:

Private living accommodation comprising 3 bedrooms, kitchen, sitting room, bathroom, toilet, office. Features separate access to the rear.

Second Floor:

Additional room.

Rateable Value:

£10,500.

Note:

The Fixtures and Fittings that remain on the premises at the time of completion will be included in the sale. Any third party owned items, such as beer raising and cellar cooling equipment, branded items, gaming machines etc, will be excluded. An inventory will not be provided. The vendors will not be required to remove any such items that remain on the premises. A premises licence prevails. Details can be found in the legal pack.

Note:

SDL Property Auctions has not personally inspected the property and has solely relied on information from our joint agent. Buyers must conduct prudent due diligence on the property.

Tenure

Freehold

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