Summary - Dovecot Street, Stockton-On-Tees, Durham, TS18 TS18 1LN
1 bed 1 bath Pub
Immediate takeover ready for experienced operators or cash buyers.
• Approximately 3,020 sq ft of flexible commercial space
• Operational bar with fixtures, fittings and stock included
• Reported weekly turnover circa £9,000
• Prominent town-centre position with high footfall and transport links
• Only 17 years remaining on lease — lenders may refuse mortgages
• Very high local crime and located in a very deprived area
• Lease rent reported at £25,000 per annum; small plot size
• Fast broadband and excellent mobile signal
This large Victorian commercial unit on Dovecot Street offers about 3,020 sq ft of flexible space currently fitted out as an operational bar. The sale includes fixtures, fittings and stock, supporting an immediate handover to a new operator or alternative commercial use (subject to planning).
The location is highly visible in Stockton town centre with strong footfall, excellent public transport links, fast broadband and very good mobile signal. Reported weekly turnover is circa £9,000 and the current lease charge is £25,000 per annum, giving clear trading data for an investor or experienced operator.
Buyers must note important constraints: the property sits in a very deprived area with very high local crime, a small plot, and only 17 years remaining on the lease. Mortgage lenders frequently decline funding on short-lease commercial property, so purchasers should expect limited mortgage options and plan for cash purchase or specialist lending.
This is a pragmatic opportunity for an investor or operator who can manage the local risks and lease timeline. There is potential to reconfigure or repurpose the space for different commercial uses, but realistic budgeting for security, refurbishment and ongoing operating costs is essential.
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