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£120,000
Recently Refurbished Pub - For Sale Via Auction
FOR SALE VIA ONLINE AUCTION: terms and conditions apply. Link to bid: auction.bradleyhall.co.uk/lot/details/170861
Located in Ashington, this newly refurbished, two-storey public house presents an attractive income-producing investment opportunity, offered for sale subject to an existing tenancy.
The property is arranged over two floors and benefits from a high-quality modern fit-out throughout. The ground floor comprises two well-appointed bar areas, providing flexible and appealing trading space. The first floor offers a spacious function room, suitable for private hire and additional revenue generation.
The premises are currently let on a 5-year lease, restricted to public house use, producing a passing rent of £24,000 per annum. This provides a strong level of income relative to the guide price, with scope for investors to assess returns based on their purchase price.
With generous internal accommodation, recent refurbishment, and secure occupational income, the property represents a compelling opportunity to acquire a well-presented licensed premises in an established location.
Sale of part of title number ND194282. Please refer to the legal pack for full information.
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