Business Summary

OAK TREE INN PUBLIC HOUSE TAKING CASH OFFERS. • bar/games room • lounge and a small snug • catering kitchen on site • 3 bedrooms • large beer garden • parking spaces • ideal alternative investment opportunity

A fairly substantial property occupying a good sized plot situated in a residential district of Bowburn. The Oak Tree Inn is located in the popular village of Bowburn. The immediate area is residential with some samll commercial, but there are local amenities nearby. The A1 Motorway is very close, providing easy access North and South of the UK. Durham City Centre (Cathedrial city) is approximately 3 miles away and has excellent shopping facilities, schools and other retail and commercial outlets. Durham rail station is approximately 4.2 miles away.

OAK TREE INN Large Detached, brick built part 1/ part 2 storey building. Ground floor trading area is currently separated in to three sections; a bar/ games room, a lounge and a small snug. There is also a catering kitchen on site. Private accommodation comprises a lounge, kitchen 3 bedrooms and a bathroom. Externally there is a beer garden and parking spaces. FURTHER INFORMATION Vacant possession Development potential (STPP) Approx ground floor foot plate: 3,720 sq.ft* Approx gross site area: 0.54 Acres (23,619 sq.ft*) EPC Rating: 112 - Band E Rateable Value: GBP7,800 Unconditional offers invited for our clients unencumbered interest The property represents excellent value for continued licensed use/ owner occupation. There is also potential for redevelopment (residential/ commercial/ mixed use) subject to gaining the appropriate Local Authority consents. The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes). Please note that VAT may be applicable in this matter. The sales particulars have been produced with information provided by the owner/occupier, landlord.

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IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Property Details