COUNTY DURHAM - FREEHOLD 19TH CENTURY VILLAGE PUB

Willington, Crook, Durham

Ref: 95369

Freehold £225,000

Key Features

  • Village public house
  • Terraced, 19th century building
  • Open plan trade area (100)
  • Four bedroom private accommodation
  • Beer garden
  • Highly profitable business
  • Location

    A rare opportunity to acquire this busy and highly profitable village pub in Willington, Crook, near Durham. Situated 5 miles north of Bishop Auckland, in an area known as the gateway to the Weardale, The Queens Head is at the centre of this thriving village. Crook is easily accessed via the A68 and A689.

    Willington is surrounded by natural beauty and famous cities, including Durham and Newcastle. The town has nearby attractions, famous country walks and a variety of holiday accommodation. This pub is the choice establishment for locals and enjoys excellent community support.

    The property is a terraced public house, dating back to the late 1800s. This two-storey property has been tastefully renovated in a style that is sympathetic to the age of the building. It is of brick construction under a pitched slate roof.

    The property briefly comprises:

    Property

    TRADE AREAS
    Entrance from the front into a large BAR AREA, having been lovingly renovated and retaining plenty of charm and character. With laminate and carpeted floors, wood panelling, CENTRAL BAR SERVERY and bench seating. Capacity of 100.

    Recessed GAMES AREA. The pub has a darts team which keeps the pub busy all week long.

    LADIES’ and GENTLEMEN’S TOILETS adjacent to main bar area, presented in excellent condition.

    The CELLAR is located in the basement and accessed via a drop hatch to the front of the property.

    OWNERS ACCOMMODATION
    Located at first floor and comprising:
    Three BEDROOMS, RECEPTION ROOM, DINING ROOM/BEDROOM, KITCHEN, BATHROOM and OFFICE.

    EXTERNAL
    To the front of the property is a reasonable sized BEER GARDEN with bench seating which is extremely popular in warmer months.

    The Business

    Our client seeks to sell due to retirement.

    The business generates a net turnover in the region of £254,000 per annum with an excellent net profit. Currently, trade is 100% wet sales.

    Further accounting details are available to all interested parties after a formal viewing.

    Tenure

    FREEHOLD £225,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips.

    Viewing strictly by appointment only.

    Licence

    A full Licence is held.

    Services

    All mains services are connected.

    Local authority is Durham County Council
    Current rateable value from 1 April 2023 to present: £8,700

    Enquire about this listing

    Ray Vilka
    Northern Counties