Moulders Arms Durham
Summary
The Moulders Arms is an attractive two-roomed property located in an elevated position overlooking Birtley in the valley below. The pub is traditional in style with a small drinkers' bar and a larger lounge with an adjacent fully equipped catering kitchen.
Description
The Moulders Arms is an attractive two-roomed property located in an elevated position overlooking Birtley in the valley below. The pub is traditional in style with a small drinkers' bar and a larger lounge with an adjacent fully equipped catering kitchen. Externally, there is a large car park and a grassed beer garden with wooden benches.
Key Features
• The internal trade area is separated into a bar and a lounge, both of which are traditional in terms of decor and finish. The bar, which is the smaller of the two rooms, is used mainly by the drinkers, whilst the lounge is targeted more towards the popular food offer. The bar has a mixture of fixed and loose seating and accommodates approximately 25 covers. The lounge holds 40 covers and is conveniently located adjacent to the well-equipped catering kitchen, which has a range of appliances.
Business & Financial Information
• Estimated ingoings (upfront): £6,983
• Full deposit: £6,188
• Agreement fee: £795
• Guide rent (weekly): £476
• Guide rent (annual): £24,750
• Forecast turnover (weekly): £368,333
• Forecast turnover (annual): £368,333
Ideal Operator
The ideal publican to successfully run this pub is someone with a combination of hospitality industry experience, strong managerial skills, and a keen understanding of customer service. The successful operator should be adept at managing staff, ensuring a welcoming atmosphere, and overseeing day-to-day operations efficiently. Business acumen is crucial for managing finances, inventory, and marketing strategies. Additionally, a good grasp of the local community and its preferences can contribute to tailoring this pub's offerings and events to meet the needs of the local community.
Private Accommodation
Large 3-bedroomed accommodation in good decorative order located on the first floor
Regional Manager's Thoughts
The customer base is predominantly drawn from the nearby housing estates, bringing a local community to the pub. However, a good catering offer can attract customers from further afield. If the pub is to develop further and achieve its true potential, then the food offer will need to be of the highest quality whilst ensuring that the expectations of the local catchment area are met.
Surrounding Area
Birtley is located south of central Gateshead, next to the A1 and not far from the popular tourist attraction, Angel of the North. The Moulders Arms is in an ideal location for visitors of this landmark to grab a bite to eat. The pub is located next to St James' church, with a range of housing and a school nearby. Birtley Golf Club and the war memorial gardens are less than 1/4 mile away from the pub, bringing a large footfall from these local amenities.
Upfront cost
£6,983
Cost type:
Upfront
Key facts
Upfront cost
£6,983
Turnover (annual)
£368,333
Rent
£24,750 (annual)
Location
Peareth Terrace, Chester Le Street, Tyne and Wear DH3 2LW
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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