The Foresters, 7 Railway Terrace, Stanley Crook, Durham, DL15 9RY
- Unconditional Online Sale
- Bedrooms: 5
- Bathrooms: 5
- Reception Rooms: 3
Addendum
Rateable Value £5,300
Description
Attention! Attention!! Attention!!! Are you looking for a business opportunity? Look no further than this B&B at The Forresters, 7 Railway Terrace, Stanley Crook. Offered For Sale via Option A - Unconditional Online Auction Terms with a BUY IT NOW PRICE of £425,000 plus fees (£6,300 Inc VAT).
The opportunity presented is a five-bedroom, five en-suite, 350 Square Metres, Bed & Breakfast located in village of Stanley Crook, on the outskirts of Crook town centre and approximately 8 miles from Durham City centre. Close to the A68 and access North to Northumberland or South to North Yorkshire enabling plenty of passing trade.
The accommodation on offer briefly comprises: Entrance Hall with staircases to the basement level and first floor. To the left-hand side is a reception area-lounge, fully fitted industrial kitchen, utility and store. To the right is a large dining room. To the rear of the hall are the male and female WCs and access into the rear yard/ garden. Additionally, is a managers quarters comprising of bedroom, lounge and shower WC.
To first floor are four double bedrooms, all with en-suite shower rooms or bathrooms with a large family suite to the rear with en-suite shower room W.C. To the basement is a restaurant area with approximately 40-45 table covers, accessed via a bar area and own private entrance.
Externally is an enclosed mature garden, sheds and block paved rear yard. With parking provided to the side of the property in a privately owned car park opposite the main building.
The asking price is broken down into two sections, £275,000 for the building and £150,000 for goodwill of the business. The building was once run as both a restaurant and B&B with the popular restaurant open Thursday – Sunday but closed around 2 years ago. This is a fantastic opportunity and not to be missed. Viewings are strictly by appointment only.
Currently the property has a rateable value of £5,300.
EPC rating C
For more information, please contact Moovd directly.
Rateable Value £5,300.
Ground Floor -
Hall -
Reception/ Lounge - 4.70m x 4.55m (15'5" x 14'11") -
Kitchen - 4.33m x 4.12m (14'2" x 13'6") -
Utility Room -
Store -
Rear Store - 4.22m x 1.89m (13'10" x 6'2") -
Dining Room - 9.36m x 4.00m (30'8" x 13'1") -
Rear Hall -
Wc -
Wc -
Managers Bedroom - 4.29m x 3.49m (14'0" x 11'5") -
Lounge - 3.16m x 1.86m (10'4" x 6'1") -
Shower Room Wc -
First Floor -
Landing -
Bedroom 1 - 4.39m x 3.90m (14'4" x 12'9") -
En-Suite -
Bedroom 2 - 4.63m x 3.88m (15'2" x 12'8") -
En-Suite -
Bedroom 3 - 4.72m x 3.20m (15'5" x 10'5") -
En-Suite -
Bedroom 4 - 3.48m x 3.15m (11'5" x 10'4") -
En-Suite -
Family Room 1 - 3.95m x 3.07m (12'11" x 10'0" ) -
Family Room 2 - 3.75m x 2.72m (12'3" x 8'11") -
En-Suite -
Lower Ground Floor -
Dining Room - 3.96m x 3.68m (12'11" x 12'0") -
Dining Room - 5.07m x 2.97m (16'7" x 9'8") -
Bar Area - 8.36m x 3.52m (27'5" x 11'6") -
Externally -
Car Park -
Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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Joint Agent
Agreement Documents
- Option A - Moovd General Terms & Conditions – Online Unconditional Auction
- Option A - Moovd Amendments to Common Auction Conditions – Online Unconditional Auction
- Option A - Moovd Common Auction Conditions– Online Unconditional Auction
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