Description
This large and impressive two storey brick built property, constructed in 1910, originally operated as a working men's club and adopted the name 'The Knack' after the nearby coal mine.
The building is spread across two levels on ground and first floor, as well as the basement, offering a versatile layout suitable for a variety of uses.
Having been recently refurbished throughout, this impressive two floor property is approximately 1,300m2 (13,993 ft2), and extremely well presented.Location
Located in the popular residential area of Eastlea, Seaham, in County Durham, close to the town centre and coast the site is a convenient and desirable location for families and commuters alike.
Seaham is an attractive coastal town in County Durham, located just six miles south of Sunderland. The town benefits from excellent transport links, with the A19 to the west providing easy access to North Tyneside to the north and Teesside to the south.Internal Details
The property is spread over basement cellar, ground and first floors. The ground floor space offers an impressive and large entrance area, with snooker and darts rooms, two impressive lounge areas and customer toilets on both floors.
With a large open plan bar on the ground floor, the venue boasts a capacity of c.250 covers in the bar and games rooms, 100 in the darts room and c.350 in the function room upstairs.
The first floor includes a large function room, three storage rooms, male and female restrooms, and access to the residential accommodation.
The residential space comprises a kitchen, bathroom, utility room, and three well proportioned bedrooms, providing comfortable living quarters.
The property has been well maintained, retaining a lot of the original features you would expect to find in a traditional community licensed venue.Owners Accommodation
Spread over two levels, the accommodation comprises of kitchen, bathroom, utility area and three bedrooms.The Opportunity
The Knack is an extremely popular sports and social club in a densely populated residential area of County Durham.
Refurbished throughout to a high standard and frequented by locals as well as many clubs and teams, this is a rare opportunity to acquire a prime piece of real estate.
The sale includes all fixtures and fittings.Trading Information
The site is currently tenanted on a short term lease and as such no trading information available.Tenure
The property is currently tenanted on a short term basis. Total rental Income is £41,600 per annum.
Further information available on request.Business Rates
The Rateable Value at 1 April 2023 is £16,750 and the estimated Rates payable for the current year is £8,358.
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.Regulatory
Premises Licence to trade until 12.00am, which is useful for functions.
