Priory Tynemouth
Front Street, Newcastle, NE30 4DXAgreement Type:
Just Add Talent
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Dr Syntax Prudhoe
Dr Syntax Prudhoe
Front Street, Prudhoe, NE42 5DB Pub Code: 0070328101
Pub Code: 0070328101
Foundation TenancyEst Min Ingoing Costs: £8,629
Annual Rent: £13,549
Community Pub with Potential
Dr Syntax is a family friendly community pub in the centre of Prudhoe, south Northumberland. Prudhoe is approximately 11 miles west of Newcastle-upon-Tyne and predominately a commuter town for Newcastle. The pub is located on the main thoroughfare through the town centre, alongside a mix of shops and other local businesses and surrounded by residential properties. Dr Syntax is enjoyed by the local community, who visit for a drink, Sunday lunch and entertainment in the form of live sports, live music, discos and pub games.
There is excellent opportunity to build on the existing food offer and further develop the events calendar to drive trade and make the pub the go-to choice in town.
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
Internally, Dr Syntax has a well-maintained traditional pub decor with appealing features including an open fireplace, feature wallpaper and a rich colour palette giving it a cosy, welcoming feel. The pub is one wide large open plan room, with a dancefloor at one end, the bar on the back wall and a pool table at the other end. The pub has a commercial kitchen, able to cater for 52 covers.
Upstairs there are six rooms and two bathrooms, which are currently unused but could be used as letting rooms.
Externally, Dr Syntax is a red brick traditional two-storey building with good kerb appeal. There is a beer garden and courtyard with picnic benches to the rear - excellent space for adding extra appeal in the summer months. In addition there is a good sized car park to the side of the pub.
Upstairs there are six rooms and two bathrooms, which are currently unused but could be used as letting rooms.
Externally, Dr Syntax is a red brick traditional two-storey building with good kerb appeal. There is a beer garden and courtyard with picnic benches to the rear - excellent space for adding extra appeal in the summer months. In addition there is a good sized car park to the side of the pub.
Private Accommodation
The private accommodation consists of multiple bedrooms, living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Estimated Total Ingoing Costs
£15,887
Estimated Minimum Ingoing Costs
£8,629
Annual Rent
£13,549
Estimated Annual Turnover
£249,987
Deposit
£3,387
Estimated Fixtures & Fittings Value
£5,000
Estimated Stock Valuation
£4,000
Estimated Working Capital
£3,500
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:
Front Street, Prudhoe, NE42 5DB
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To 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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