Holystone Shiremoor
Summary
Fantastic opportunity to run a community pub with letting rooms.
Description
What would you do with this pub to make it a success?
The area
The Holystone Shiremoor is located within a residential area of North Tyneside, 5 miles from the coast. The pub is surrounded by residential housing with commercial and retail premises nearby such as Cobalt Business Park and Silverlink. The location is just off the A19 with easy access to the Tyne Tunnel and the Coast Road to Newcastle.
Demographics
The pub benefits from being one of 2 pubs found in an area of around 2,162 adults. The customer base is made up of settled families, busy couples and homeowners.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food, drinks, entertainment offer as well as managing the letting rooms effectively. What food would you look to implement in the pub?
The site currently has the ability to drive trade via live sports and a great pub food menu, selection of pub games, such as pool, darts and live sports. It offers a selection of a pub classic menu and popular beers, ciders, wines and spirits.
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 pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, entertainment offer and running the letting rooms to be able to create a memorable experience for their customers.
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…
* 25% rent reduction will be applied to first 12 months following completion of a fully signed lease agreement (5 years England & Wales, 3 years Scotland) on selected properties only. No cash alternative is payable.
Upfront cost
£47,951
Cost type:
Upfront
Key facts
Upfront cost
£47,951
Turnover (annual)
£491,414
Rent
£34,268 (annual)
Location
NE27 0DA
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
Enquire
Message the seller. We’ll forward your details so they can reply directly.