Mill Lane, Whitburn, Sunderland, Tyne and Wear, SR6 7EL
The pubs location and bold corner position is a huge advantage to the possibilities here.
The pub has a great local trade and is well supported by the diverse population of Whitburn as well as the summer tourist trade which peaks when the world renowned Sunderland International Air Show is on as well as other events throughout the year.
The pub is an imposing building and has major visibility alongside the main road. There is a lounge, bar and raised dining area. The public bar is excellent for a drink and catch up with friends or playing pub sports. The large lounge is great for a weekend drink in a warm comfortable environment and also has a popular raised area for diners although they also use the other areas of the pub too. There is a large external drinking area, which is very popular in the summer for drinkers and diners alike with plenty of car parking.
|Car park spaces||25|
The accommodation is in good condition and comprises 4 bedrooms, a kitchen living and dining room, with 2 bathrooms.
|Annual rent||TBC per annum|
|Weekly rent||TBC per week fixed|
Rent TBC - subject to annual RPI increase (tracker capped at a maximum of 4.75%) on anniversary of agreement. Paid weekly by direct debit.
Approx £18,450 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, rent in advance, training fees, working capital and deposit (minimum £6,000, but should build to 25% of head rent). Fixtures & fittings are still to be valued.
|Fixtures & fittings||TBC||Working capital||£10,000.00|
|Other costs||£800.00||Total entry cost||£18,450.00|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•50/50 profit split of machines income
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Whitburn has retained its village character with its main street, parish church, cricket ground and park and it has managed to maintain its local shops and services making it a great place to live. There are two primary schools and an academy in the village. It lies 4 miles from Sunderland and 4.5 miles from South Shields. The pub is located just off the A183 and enjoys good road links to Sunderland, South Shields and Boldon.