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Black Horse Inn Chester Le Street

Pubs & Bars • 158 Front Street, Chester Le Street, County Durham DH3 3AY Management opportunity
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Summary

**We can offer fantastic, low and flexible ingoings for this great site - enquire today!**…

Description

**We can offer fantastic, low and flexible ingoings for this great site - enquire today!** The Black Horse is a well-known town centre venue in Chester le Street.  The Black Horse, which in 2023  had an upgrade to both internal and external facilities now in excellent condition offering the successful applicant a good traditional pub with its customer base and respectable turnover. The Black Horse uniquely is the only Pub in Chester Le Street that has its set-contained and well-maintained beer garden  As the Beer Garden is south facing it is popular with locals in the summer months  The Pub is also only 5 minute's walk from Durham City`s famous cricket ground which hosts regular County and Test Matches.   This pub is available with a Beacon Tenancy Agreement, which means the new publican will benefit from competitive pricing and a great product portfolio focused on strong value-orientated drinks offers. The Beacon Tenancy Agreement is also backed by enhanced marketing support and retail standards focus, allowing you to shine in your new pub! Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • On entrance to the pub, you are welcomed by characterful décor boasting a central bar service and two lounge areas that can accommodate up to 50 covers. With the pub being very busy at weekends there is the opportunity to adapt the internal area by rearranging the furniture to offer a comfortable capacity of 100+ people standing. One of the stylish lounge areas leads out to the large south-facing beer garden, so the opportunity to host live music, entertainment or parties throughout the pub could be considered. There is currently a catering kitchen located on the first floor however it does need some investment to be compliant and to provide a high-quality pub food offer. The Black Horse uniquely is the only pub in Chester-Le-Street that has its own self-contained and well-presented beer garden. The south-facing garden is located to the rear of the pub and is very popular with the locals and cricket fans visiting the nearby cricket ground. There is the opportunity for guests to enjoy alfresco drinking with seating available for up to 40 customers, which has always proven a frequent spot during the summer months. Whilst the pub does not have a car park, there is a nearby council-owned car park which is often used by guests. Business & Financial Information • Estimated ingoings (upfront): £5,170 • Full deposit: £4,375 • Agreement fee: £795 • Guide rent (weekly): £337 • Guide rent (annual): £17,500 • Forecast turnover (weekly): £366,087 • Forecast turnover (annual): £366,087 Ideal Operator The ideal Publican would be experienced in running a city centre operation. The candidate would probably know Chester-le-Street well, pperhapseven a local who would be able to connect with the customers on a personal level. You should have a warm welcoming and engaging personality. You should be able to create an inviting atmosphere that makes people feel comfortable and eager to return.  Private Accommodation There is a 2-bedroom flat on the first floor. Regional Manager's Thoughts The Black Horse Inn benefits from a supportive local community with an extensive customer base coming from a mixed age range who go into the town centre. The beer garden is the main attraction in the summer and a great space for the clientele to enjoy al fresco drinking. The publican would need to know the area very well and ideally be experienced in running a City Centre venue popular for live music and sports.   Surrounding Area Situated on the High Street and surrounded by numerous shops and businesses, the Black Horse Inn is a short walk from the nearby railway station. The pub has an established customer base which has been built over many years, predominantly from the local community.  There are schools, sports facilities and the very popular Chester-Le-Street cricket club all within walking distance of the pub all of which bring frequent trade. Chester-Le-Street is located seven miles south of Newcastle upon Tyne and eight miles west of Sunderland.

Upfront cost

£5,170
Cost type: Upfront

Key facts

Upfront cost
£5,170
Turnover (annual)
£366,087
Rent
£17,500 (annual)

Location

158 Front Street, Chester Le Street, County Durham DH3 3AY
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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