Fully Fitted Bar/Restaurant For Sale in Sunderland, The Palm, Timber Beach Road, Sunderland, SR5 3XG

The subject property provides a detached two storey building with ancillary areas to the front and side elevations which are utilised as external beer gardens. The property is of steel frame construction with brick elevations set beneath a series of pitch tiled covered roofs. Internally the property has been fitted to a high standard and well maintained throughout. Premium payment is to be discussed to acquire the property with the benefit of it being fully fitted.

The rear elevation provides an enclosed service area accommodating numerous outhouses which have been used for storage purposes and staff facilities. The property has been subdivided into four bars known as Liberty Browns, Wildernest, Tropicuba and Pineapple Cove. The venues offer disabled male and female WC’s throughout. There are two separate kitchens and cold storage facility at ground floor level servicing operations. There is sufficient car parking provision to the front elevation.

The subject property is situated between Sunderland Enterprise Park and Hylton Park lying to the south of the A1231 (Wessington Way) north of the River Wear. Sunderland City Centre is approximately 2 miles to the south east and the property sits adjacent to Hylton Riverside Retail Park which accommodates occupiers such as Smyths Toys, Food Warehouse, Aldi, Matalan, Pets at Home, B&M, Costa and Greggs amongst numerous others. The Comfort Inn Hotel sits directly adjacent accommodating circa 63 ensuite rooms but has no food or beverage offering to provide their customers.

The A19 is approximately 5 miles to the east of the city centre. The city also lies on the Metro, connecting it to the major conurbations within Tyne & Wear, and is served by Newcastle International Airport, which is approximately 22 miles to the north west.

We are instructed to invite unconditional offers for the benefit of our client’s freehold interest in the region of £600,000 (Six Hundred Thousand Pounds), subject to contract. Premium to be negotiated.

Please note that the vendor reserves the right not to accept the highest or any offer received.