Mill House Washington
Blackfell, Birtley, Chester Le Street, NE38 1REAgreement Type: Foundation Tenancy
View details for Mill House Washington
Blue Bell Washington
Peareth Hall Road, Usworth, Washington, NE37 2BZ
Pub Code: 0020395101
Key Features
- Foundation Tenancy
- Catering Kitchen
- Car Park
- Outdoor Trade
- Private Accommodation
Est Min Ingoing Costs: £10,170
Annual Rent: £20,037
More Information
The Blue Bell Washington is located in the Usworth area of Washington, surrounded by mixed housing and close proximity to the George Washington Golf Course and local amenities. The pub benefits from being the only pub found in an area of around 4,000 adults. The customer base is made up of elderly, families, and mature workers.
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, live entertainment and selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and a pub classic menu.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.
- Understanding of the local community
- You know what it takes to build a successful business
- You love hospitality and are great with 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…
Trading Area & Facilities
- Main trading area with bar
- 44 internal covers
- 20 external covers
- Catering kitchen
- Large outdoor trade
- Car park
- Pub games
Private Accommodation
The private accommodation consists of two bedrooms, lounge, kitchen and bathroom.
| Annual Rent | £ 20,037 |
| Estimated Annual Turnover | £ 315,997 |
| Deposit | £ 5,009 |
| Estimated Fixtures & Fittings Value | £ 13,475 |
| Estimated Stock Valuation | £ 5,000 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 26,984 |
| Estimated Minimum Ingoing Costs | £ 10,170 |
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
Peareth Hall Road, Usworth, Washington, NE37 2BZ
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View details for Grey Horse Houghton Le SpringTo apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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