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Busty Bank, Burnopfield NE16 Mixed use for sale
Busty Bank, Burnopfield NE16
£185,000
Busty Bank, Burnopfield NE16
£185,000
Our Summary
- for sale under an auction contract
- Auction & Lot Details
- Auction Date: September 15, 2025
- Auction Type: Online & Live Bidding
- This unique property offers a multitude of possibilities with its high ceilings and conversion potential from hospitality to residential use
- Investors have the opportunity to run the pub as is or convert it into residential units, with the potential for significant rental income and resale value
- The property's prime location within a region supported by a £14 billion investment prospectus and funding from major operators like Heineken UK further enhances its development and income potential
- Don't miss out on this exciting investment opportunity at Burton House in Burnopfield
- A buyer’s premium is an additional charge that successful bidders are required to pay on top of their final bid price at a property auction
- This fee is typically a percentage of the final bid and is paid directly to the auction house
- The exact percentage can vary depending on the auction house
- It is usually clearly stated in the auction’s terms and conditions
- Conversion Potential (hospitality ↔ residential)
Description
Burton House, a charming stone-built former pub in Burnopfield, County Durham, is up for auction with a guide price of £185,000 to £195,000. The property boasts a unique layout with a bar room, shared lounge, manager's flat, and a self-contained annex, offering ample space for various purposes. The property also features a spacious beer garden and trade patio, perfect for outdoor entertainment or relaxation. With its prime location in a vibrant village with local shops, clinics, and easy access to amenities, Burton House presents a fantastic investment opportunity for those looking to run a pub or convert it into residential units. The property's conversion potential and proximity to major operators like Heineken UK make it an attractive prospect for investors. With a buyer's premium of £5000 plus VAT, this is a rare opportunity to own a piece of history and capitalize on its development and income potential.