The Old Courthouse in Consett for sale for £300,000

The Old Courthouse, located in a prominent position on the corner of Victoria Road and John Street in Consett, is listed by estate agents Christie & Co who said that although the business is now closed it was “frequented by locals due to its food and beverage offering”.

A three-storey detached brick building, it has been “tastefully refurbished throughout” and is “immaculately presented”, requiring “very little, if any, capital expenditure” according to the estate agents.

The bar and kitchen are spread across the ground floor.

A main entrance leads to a large bar with lounge areas and seating for around 40 covers.

The restaurant area, at the rear through the main bar, is described by the estate agents as “tastefully decorated” with wooden floors, exposed beams, a glass skylight ceiling, period brickwork and a large brick pizza oven.

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There is also a separate small bar and seating for around 75 covers.

The site also has a good-sized commercial kitchen, prep and wash-up areas, toilets, storage, and access to the top floors and basement cellar.

The Old Courthouse also offers large living accommodation on the upper two floors, which could be an attractive prospect for potential buyers.

The owner’s accommodation is spread over two levels and comprises a living room, dining room, office, kitchen and bathroom.

One bedroom is situated on the second floor with a kitchen, and two bedrooms and a bathroom can be found on the top floor.

The estate agents suggest that this opportunity would suit a first-time entrant or an existing operator looking to expand their portfolio.

They note that the business had a “very strong reputation in the local and wider area for its quality food and drink offering” and benefited from loyal and repeat custom.

Estate agents recommend viewing the property to fully appreciate its potential.

The rateable value from April 1, 2023, is £5,200, but confirmation of the actual rates payable should be sought from Durham County Council.

Image Credits and Reference: https://www.thenorthernecho.co.uk/news/24847612.old-courthouse-consett-sale-300-000/?ref=rss