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Stags Head Esh Winning

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Stags Head Esh Winning

Market Place, Durham, DH7 9HT Pub Code: 2303301101

Pub Code: 2303301101

Foundation Tenancy

Est Min Ingoing Costs: £9,524

Annual Rent: £18,014

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Great Village Pub. What would you do with this pub to make it even more of a success

The Area:

The Stag’s Head is a village local well positioned on a main road in the village of Esh-Winning, Durham. The Stags Head sits on a corner plot, flanked by local shops and other amenities. Due to its central position, the pub attracts passing trade and locals alike.

Demographics:

The pub benefits from being one of four pubs found in an area of around 2,169 adults. The Stags Head customer base is made up of young, midlife, and mature adults.

The Offer:

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a well thought through 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 entertainment, live sports and selection of pub games, such as pool, and darts. It offers a selection of coffees, 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 licensee for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can 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…

  • Foundation Tenancy

  • Pub Games

  • Live Sports

  • Catering Kitchen

  • Music Venue

  • Private Accommodation

Trading Area & Facilities

  • Main trading area with bar
  • 30 internal covers
  • 15 external covers
  • Catering kitchen
  • HEINEKEN SmartDispense
  • Pub garden 
 

Private Accommodation

Private accommodation consists of three bedrooms, a living room, kitchen, bathroom. 

Pub Financials Icon

Estimated Total Ingoing Costs

£42,526


Estimated Minimum Ingoing Costs

£9,524

Annual Rent
£18,014
Estimated Annual Turnover
£300,120
Deposit
£4,503
Estimated Fixtures & Fittings Value
£30,000
Estimated Stock Valuation
£4,523
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.

Location:

Market Place, Durham, DH7 9HT

Google map location image of Stags Head Esh Winning
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