Darlington town centre bar with planning permission for apartments on the market
Specialist business property adviser Christie & Co has been instructed to market 1 Skinnergate, a Grade II listed, five-storey building which is home to a thriving hospitality business and has planning consent for residential conversion on the upper floors.
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Marslie McGregor
Senior Business Agent - Pubs & Restaurants
Number One Bar & Coffee House spans the ground floor and basement levels. A relaxed coffee house by day, the venue transforms into a vibrant bar by night, with seating for around 200 customers.
The property also offers exciting development opportunities, with full planning permission granted for seven apartments on the upper floors. There is the potential to expand this to eight units, pending planning agreement.
1 Skinnergate occupies a prime position in Darlington’s bustling town centre, benefiting from high footfall and strong transport links including East Coast Main Line services to London and Edinburgh. The sale presents an opportunity to acquire a turnkey hospitality venue with built-in earnings as well as development potential for the creation of residential apartments.
Marslie McGregor, Business Agent – Pubs & Restaurants, is managing the sale process and commented, “Number One Skinnergate represents a rare and compelling investment opportunity. Its established hospitality trade combined with approved residential use provides a unique diversification strategy. Whether your interest lies in hospitality operations, residential development or both, this property delivers immediate revenue opportunities and long-term value.”
The property is on the market with an asking price of offers over £699,000. For more information, visit the property page: https://www.christie.com/6450566/
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com
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