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£240,000
Leisure Opportunity For Sale
The property is prominently situated on Sunderland Road in Horden, a coastal village located on the East Durham coastline within County Durham. Horden benefits from excellent connectivity, positioned just off the A19 corridor, offering direct road links to Sunderland, Durham, and Teesside, making it an ideal location for regional commerce and logistics.
The area has recently benefited from substantial infrastructure investment, including the reopening and refurbishment of Horden Railway Station. This provides regular direct rail services via the Northern Line, connecting the village efficiently to Newcastle, Sunderland, Durham, and North Yorkshire. The improved transport links enhance accessibility for both staff and customers, adding to the location’s appeal for a variety of commercial uses. This strategic location combines the advantages of a well-connected transport network with the economic regeneration taking place across East Durham, making it a compelling choice for occupiers and investors alike.
The subject property comprises a substantial two-storey, brick-built detached building with an outdoor beer garden, prominently located on Sunderland Road in Horden, County Durham. Previously occupied by a leisure operator, the premises formerly traded as a drinking establishment and is well-suited for similar use or alternative commercial redevelopment, subject to the necessary consents. The ground floor offers an expansive open-plan main bar area, complete with WC facilities, a commercial kitchen, and ancillary storage. The first floor features a generous function room, additional WC facilities, and two storage rooms, providing flexibility for a variety of leisure or business uses. This versatile layout supports a wide range of potential uses including bar, restaurant, community use, event space, or conversion for retail or office use, subject to planning. The property presents an excellent opportunity for owner-occupiers, developers, or investors seeking premises in a well-connected and improving location, bolstered by proximity to the A19 and the recently reopened Horden Railway Station.
Ground Floor 260.3 sq m (2,802 sq ft )
First Floor 211.9 sq m (2,281 sq ft)
Total 472.2 sq m ( 5,083 sq ft)
The property is available by way of freehold, at a price of £240,000 (Two Hundred and Forty Thousand Pounds), subject to contract.
The rateable value of the premises as at 1 April 2023 is £14,500 and the estimated rates payable for the current year is £7,105. This is based on the standard Small Business Rate of 49.9p in the pound, however, interested parties should confirm the current position with the Local Authority.
We currently await EPC.
In accordance with Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.
Each party is responsible for their own legal costs.
All rents, premiums and purchase prices quoted herein are exclusive of VAT. All offers are made to Bradley Hall upon this basis, and where silent, offers will be deemed net of VAT.
Interested parties are advised to refer to the RICS Code for Leasing Business Premises 2020.
February_2020_Code_For_Leasing_Business_Premises_England_And_Wales_1st_Edition.pdf
For all enquiries and viewing arrangements please contact sole agents, Bradley Hall Limited.
Tel: 0191 563 4242
Email: sunderland@bradleyhall.co.uk
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