The building of a popular Consett nightclub has been put up for sale for £245,000.
The building which houses the nightclub Chaplains on Consett's Front Street has been listed by estate agents Bradley Hall.
According to Bradley Hall, the town centre property is split over two sites, 17-21 Front Street.
The building is an old church converted into a three-storey retail/storage space. The property also includes 22 Nelson Street, with a small courtyard in the centre of the buildings.
The property houses three tenants and has an annual passing rent of £27,560. The ground floor is occupied by nightclub Chaplains and taxi firm Consett Cars, with different access points to the front and the rear.
Chaplains Bar signed a one-year lease in April 2023 and has a 3.2/5-star rating on Google reviews.
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The first floor is divided into two units, both of which have access to separate storage space on the second floor.
The first unit is already utilised for storage space while the other is vacant and recently renovated.
Bradley Hall suggests that there is potential for rental growth with the partially vacant office.
Its energy performance is rated within band C.
The Freehold of the property is available with offers exceeding £245,000, reflecting a net initial yield of 10.97%.
Those interested in the property should contact Bradley Hall's office on 01642 265 300 or visit the company's website which can be found at www.bradleyhall.co.uk/contact-us
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