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Cumberland Arms Bishop Auckland

Pubs & Bars • DL14 7EN Management opportunity
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Summary

Refurbished circuit bar in Bishop Auckland town centre. The Cumberland offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential.

Description

What would you do with this pub to make it even more of a success? The area: The pub is located on the high street in Bishop Auckland, forming part of a traditional town centre circuit. It sits just five minutes from the train station, multiple bus routes, and a busy shopping centre. There are 3,300 adults within a 10-minute walk and almost 9,000 within 20 minutes. The pub will be one of 17 along the high street, with the main competitor being The King’s Head. Demographics:  The local population is of medium affluence, with a higher proportion of mature customers compared to the national average. The pub is well-positioned to appeal to community wet-led circuit drinkers, couples, and male daytime customers. The offer:  The Cumberland is available on our investment tenancy agreement. Click here for more information on this agreement. The refurbishment will create a high-quality circuit pub environment, improving all finishes from the bar front to the toilets, with an external “glow up” to make the frontage stand out. The pub will focus on a strong drinks range of lagers and ales, supported by live sport, pub games and regular entertainment. We’re always open to new ideas, what would you do to drive trade? If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the Cumberland will be an experienced local, who understands circuit trade and how to maximise the rhythm of the week. If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

Upfront cost

£31,405
Cost type: Upfront

Key facts

Upfront cost
£31,405
Turnover (annual)
£258,167
Rent
£14,884 (annual)

Location

DL14 7EN
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

Enquire

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