Development Opportunity, The Mill, 24... 5 bed semi

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Development Opportunity, The Mill, 24... 5 bed semi

Development Opportunity, The Mill, 24 North Terrace, Crook
£200,000

Our Summary

  • An exciting development opportunity to acquire a former public house with residential first floor accommodation
  • abandonsDESCRIPTIONThe Mill offers an exciting renovation project
  • Where any reference is made to planning permissions or potential uses, such information is given by Vickers & Barrass, Chartered Surveyors in good faith
  • Potential to convert to large residential property

Description

This former public house in Crook, a small market town in County Durham, offers a unique development opportunity. The property has a mixed use layout, with a ground floor pub space and a first-floor residential area, including a kitchen, living room, three bedrooms, and a bathroom. The current vendors have explored the possibility of converting the property into a holiday let, which would involve demolishing part of the ground floor to create a private courtyard. The property is served by mains utilities and has a Commercial EPC rating of D 80. It is located in a convenient spot for travel to Durham City, The Dales, and other nearby towns, and has good broadband and mobile phone connectivity. The property's current rating assessment is £7500, and the Small Business Rate for 2024/2025 is 49.9 pence in the pound. Each party is to bear their own costs.