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SOLD STC

Wasp Nest Yard, Stockton-On-Tees, Durham, TS18

Offers in Region of
£14,995

Business rates & charges may apply

Magnum Properties - Commercial, Linthorpe Road
SIZE

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SECTOR

Pub for sale

Key features

  • High Foot Traffic
  • Prime Location
  • Local Business
  • Good Night Life
  • Close to Riverside redevelopment

Description

Business For Sale: Includes all stock - Turnkey Opportunity: Gracie's Bar is a stylishly designed cocktail bar located in the charming and secluded Wasp Nest Yard, a sought-after location in Stockton-on-Tees' nightlife scene. The bar is laid out in an L-shaped building and features bi-fold doors, seamlessly connecting the indoor space to an outdoor seating area, offering a versatile and inviting atmosphere.

The bar is fully fitted to a high standard, making it an exceptional opportunity for an ambitious buyer to take over and begin operating immediately. Everything required to continue trading is included in the sale, such as seating, equipment, fixtures, fittings, and stock (all included in the price).

Location of Property

Situated in Wasp Nest Yard, Gracie's Bar benefits from its unique setting, a quaint and popular destination amongst locals and visitors to Stockton-on-Tees. The location is close to the new multi-million pound Riverside Development, enhancing its appeal and accessibility.

The bar is nestled within a vibrant nightlife hub, ensuring a steady stream of potential customers. Parking and transport links nearby make the venue easy to reach.

Property Specifics

An L-shaped layout with bi-fold doors opening onto an outdoor seating area.
All fixtures, fittings, seating, and bar equipment included.
A fully stocked bar.
Existing supplier relationships, ensuring a seamless transition for the buyer.
General Information

Gracie's Bar is currently trading every other Friday and Saturday night, averaging £1,100 per week in takings. This offers huge potential for a new owner to increase revenue by extending opening hours, expanding the menu, or hosting special events. The turnkey nature of this sale ensures that a new operator can "hit the ground running" from day one.

Legal Requirements and Financial Information

Current Takings: Averaging £1,100 per week over 1-2 nights of trading.
Further information available on request.
Ongoing monthly rent is reported as £650
Business rates can be free of charge to a qualifying tenant
Viewing Arrangements

To arrange a viewing or request further details, contact our office at . Select option 3 for our commercial property department and speak to a member of our team. Viewing is highly recommended to appreciate the high standard of this venue and the opportunities it offers.

Wasp Nest Yard, Stockton-On-Tees, Durham, TS18

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stockton Station0.4 miles
  • Thornaby Station0.6 miles
  • Eaglescliffe Station2.9 miles

About Magnum Properties - Commercial, Linthorpe Road

144 Linthorpe Road Middlesbrough TS1 3RA

* FREE VALUATIONS * FREE PROPERTY ADVICE * FREE PROPERTY SOURCING * PROPERTY MANAGEMENT * RESIDENTIAL & COMMERCIAL PROPERTIES * BUSINESS SALES * NO HIDDEN FEES *

Trust Magnum Properties to buy, sell or rent your residential or commercial property - We are your local, experienced Middlesbrough-based estate agents in Teesside!

Notes

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Disclaimer - Property reference GraciesBar. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Magnum Properties - Commercial, Linthorpe Road. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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