The Victorian Tap
Summary
The Victorian Tap is a stunning Victorian building on the corner of Battle hill and Eastgate in “The Happiest place to live in Britain“- Hexham.
Description
The Victorian Tap is a stunning Victorian building on the corner of Battle hill and Eastgate in “The Happiest place to live in Britain“- Hexham. The Victorian Tap is bursting with character and has a history of good beer trade driven by the local drinkers and tourists visiting the town who all enjoy the great atmosphere the feature of this pub produces. Wood floors and open fires add to the feeling of cosiness, keeping up with the traditional décor of the pub, with local memorabilia an appealing quirk to the surrounding community.
The L-Shaped tap room surrounds the traditional central bar which boasts 6 cask ale wickets and a stunning back bar display. A beautifully presented medium sized external seating area can be accessed from the rear of the pub, this area seats 20 with a roof cover and doubles up as a smoking solution.
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Key Features
• Tourist location with year round footfall
• 4 newly refurbished letting rooms
• Trade kitchen perfect for developing a food offer
• Ideally positioned community pub with cosy interior
• Opportunity to introduce a full sports viewing offer
Business & Financial Information
• Estimated ingoings (upfront): £8,750
• Full deposit: £8,750
• Guide rent (weekly): £673
• Guide rent (annual): £35,000
• Forecast turnover (weekly): £423,272
• Forecast turnover (annual): £423,272
Ideal Operator
We are on the hunt for an operator who is guest obsessed, experienced in the craft of quality real ales, and can step up to be the next local hero in Hexham!
Private Accommodation
The private accomodation consists of two-bedrooms, a kitchen diner, bathroom and office.
Regional Manager's Thoughts
The Victorian Tap is a thriving wet led community pub specialising in offering a wide range of quality cask ales, cosy atmosphere with a warm welcome and friendly smile. An experienced operator can really take this pub to the next level by implementing a small new food offering along with a great sport viewing experience. The 4 well-presented letting rooms are in high demand in this tourist hot spot, a guest obsessed operator will be required to maintain and grow the great reputation achieved this year.
Surrounding Area
Hexham is a busy and picturesque market town located on the River Tyne, 20 miles west of Newcastle. The town has a strong historical heritage which attracts visitors from the surrounding towns and tourists from further afield. Historical attractions include Hexham abbey which dates from the 8th century and Hadrian’s Wall which is 30 minutes west of Hexham. Additionally, just outside the town to the south is the popular and picturesque Hexham racecourse.
Upfront cost
£8,750
Cost type:
Upfront
Key facts
Upfront cost
£8,750
Turnover (annual)
£423,272
Rent
£35,000 (annual)
Location
Battle Hill, Hexham, Northumberland NE46 1BH
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
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