The Voltiguer, on Dundas Street in Spennymoor town centre, is listed by estate agents Bradley Hall.
The pub is a ten-minute drive from the A1(M), providing access to Durham and Newcastle to the north and Darlington to the south.
The property is a two-storey, brick-built public house.
The ground floor consists of two bar areas, ladies’ and gents’ WCs, and a cellar.
The first floor includes a manager’s flat with two bedrooms, a bathroom, kitchen, lounge, and office.
There is also a large beer garden to the front of the property and a small yard to the rear.
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An energy performance certificate (EPC) rating of the property is yet to be assessed.
A current tenant now pays an annual rent of £22,880, which equates to £440 per week.
The rateable value of the premises as of April 1, 2023, is £5,000, and the estimated rates payable for the current year are £2,495.
This estimation is based on the standard Small Business Rate of 49.9p in the pound.
However, interested parties are advised to confirm their current position with the local authority.
The freehold of the property is available for offers in the region of £140,000.
All rents, premiums, and purchase prices quoted are exclusive of VAT.
Both parties are expected to bear their own legal costs involved in the transaction.
For general enquiries and viewing arrangements, potential buyers are advised to contact Bradley Hall.