Northend Vaults Gloucester
Summary
About the Pub The Northend Vaults – affectionately known as The Vaults – is one of Gloucester’s oldest and most characterful pubs, dating back to around 1660 when it first opened as a hostelry.
Description
About the Pub
The Northend Vaults – affectionately known as The Vaults – is one of Gloucester’s oldest and most characterful pubs, dating back to around 1660 when it first opened as a hostelry. Parts of the building are even older, once serving as a merchant’s house, which means the pub is rich in history and full of charming period features. Yet, it’s far from a museum piece – the interior has been sympathetically modernised, creating a warm, welcoming, and versatile space. The open-plan main trading area combines a traditional floor finish with modern furniture and fittings, and cleverly designed corners create more intimate seating areas for small groups. The pub is popular with sports fans thanks to multiple screens showing live fixtures, and in the warmer months, guests can enjoy the enclosed garden patio – a raised, paved area with wooden benches and seating for up to 50 covers.
Located just a short stroll from the city centre and Kingsholm Stadium, The Vaults already enjoys strong year-round footfall – and this is only set to grow. Gloucester is currently undergoing huge investment, including the transformation of the bus station area, a brand-new university campus opening in the former Debenhams building, and new offices, retail, and leisure spaces. These developments are expected to significantly boost visitor numbers, creating the perfect opportunity for a new publican to take this well-established business to the next level. The trade kitchen, located to the rear, currently requires some equipment investment, but offers a fantastic opportunity to develop a strong food trade to complement the existing wet-led business. With a small on-site car park for five vehicles and multiple city car parks nearby, accessibility is excellent.
Key Features
• One of Gloucester’s oldest pubs, blending historic charm with a modern feel
• Prime city centre location with strong year-round trade potential
• Popular for live sport with multiple viewing screens
• Large rear garden patio with seating for around 50 covers
• Opportunity to invest in the kitchen to create a strong food offering
• Two separate private flats, totalling four bedrooms
Business & Financial Information
• Estimated ingoings (upfront): £3,795
• Full deposit: £3,000
• Agreement fee: £795
• Guide rent (weekly): £231
• Guide rent (annual): £12,000
• Forecast turnover (weekly): £397,029
• Forecast turnover (annual): £397,029
Ideal Operator
This opportunity would suit a community-minded publican who can embrace The Vaults’ heritage while pushing its potential forward. You’ll ideally have experience running a high-footfall city pub, a passion for sport and events, and the drive to develop a compelling food offer to complement the wet trade. An operator who is quick to seize on local opportunities – like the influx of students, office workers, and visitors – will thrive here.
Private Accommodation
Two separate flats offer excellent flexibility. The first floor, accessed internally from the pub, has two bedrooms, an office, a living room, kitchen, WC, and bathroom. The second floor, accessed from a private entrance at the rear, also has two bedrooms, a living room, a kitchen, and a bathroom – ideal for family use or for accommodating staff.
Regional Manager's Thoughts
“The Vaults is an iconic Gloucester pub, known and loved in the city. With the huge investment pouring into the surrounding area – from the new university campus to the bus station regeneration – now is the perfect time to take on this business. A new operator with vision can build on its strong wet-led reputation, expand into food, and capitalise on the increased footfall these developments will bring.”
Surrounding Area
Gloucester is a vibrant cathedral city of around 130,000 residents, perfectly positioned between the Cotswolds, the Forest of Dean, and the Malvern Hills. The Vaults sits in the heart of the city, just minutes from the Cathedral and Kingsholm rugby ground, and within walking distance of the train and bus stations. The timing for investment couldn’t be better – the brand-new university campus is opening in the former Debenhams site, a short walk away, and the bus station area is undergoing a major transformation with new offices, retail, and leisure facilities. These developments, alongside ongoing city centre improvements, are set to boost footfall and create an even more thriving local economy.
Upfront cost
£3,795
Cost type:
Upfront
Key facts
Upfront cost
£3,795
Turnover (annual)
£397,029
Rent
£12,000 (annual)
Location
86 Northgate Street, Gloucester, Gloucestershire GL1 1SL
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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