Large licensed restaurant/bar with cellar cooling — suited to owner-operator or investor prepared to refurbish.
Tudor revival high-street building with strong period character
A substantial period high-street commercial property in Bondgate, Bishop Auckland, offering 2,067 sq ft across three storeys plus a full cellar. The timber-framed Tudor revival façade and gabled roof give strong historic character and street presence, while an in-built bar, full cellar cooling system and CCTV make the building immediately suitable for licensed leisure use. The first floor houses a commercial gas kitchen installation (single-phase electric supply), and the ground floor provides a large dining/seating area with a rear entrance.
This building is best suited to an owner-operator or investor prepared to capitalise on a town-centre trading position. It is fully licensed as a restaurant/bar and benefits from gas supply, excellent mobile signal and a decent plot size. Nearby amenities and transport links place the property in a well-served local retail environment.
Buyers should note material issues: the property shows signs of damp and will require renovation and ongoing maintenance to restore and adapt the space. Broadband speeds in the area are slow, the local area is classified as deprived and recorded crime levels are very high, which could affect staffing, insurance and footfall. Tenure is unknown and should be confirmed by any prospective purchaser.
At the asking price of £147,500, the building represents a priced-for-refurbishment opportunity with strong upside for an experienced operator who can address repairs, security and trading strategy to unlock value.
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