A fairly substantial property occupying a good sized plot situated in a residential district of Bowburn.
Location
The Oak Tree Inn is located in the popular village of Bowburn. The immediate area is residential with some samll cmmercial, but there are local amenities nearby. The A1 Motorway is very close, providing easy access North and South of the UK. Durham City Centre ( Cathedrial city) is approximately 3 miles away and has excellent shopping facilities, schools and other retail and commercial outlets. Durham rail station is approximately 4.2 miles away.
Accommodation
Approx ground floor foot plate: 3,720 sq.ft*
Approx gross site area: 0.54 Acres (23,619 sq.ft*)
Terms
Vacant possession Development potential (STPP)
EPC Rating: 112 - Band E
Rateable Value: GBP 7,800
Unconditional offers invited for our clients unencumbered interest
The property represents excellent value for continued licensed use / owner occupation.
There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. The existing use class of the property is A4 'Drinking Establishments'.
Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes). Please note that VAT may be applicable in this matter. The sales particulars have been produced with information provided by the owner/occupier, landlord .