Find a pub
17 Front Street, Tynemouth, North Shields, Tyne and Wear, NE30 4DX
HIGH STREET PUB IN A BUSY COASTAL AREA
The Cumberland Arms is a great pub business, inside a lovely old building. The pub is mostly wet led, although does offer a small menu. The site is situated on a busy street in the centre of town, meaning there is plenty of footfall at all times of day and plenty of scope to improve volume and food sales. We would expect the pub to trade at a 70/30 sales split in favour of wet sales. Great standards, quality products and a competitive offer will be key to stand out from the crowd. The site is popular with both locals and tourists and Tynemouth is known for its beautiful coastline and flamboyant high street.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.
Entry costs approximately £13,650.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6,250. Fixtures and Fitting will be rented with weekly payments made.
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
|Year||Beer (Brls)||Wine & Spirits (Ltrs)||Minerals (Ltrs)|
As you walk into the pub you enter a small lower bar area, which is currently unused and has great potential for a Gin bar or something quirky. Up a few steps there is a long bar running down the right-hand side, after the bar it opens out into a dining area at the rear.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises License Opening Hours
The accommodation is in basic condition and comprises: kitchen, lounge, five bedrooms, bathroom, WC and office
I am seeking an experienced operator who can take over this excellent business from the outgoing operator who is retiring. The site is mostly wet led but offers the opportunity to expand and improve the current food offer. You will need to be able to offer a compelling and competitive offer, taking an entrepreneurial approach. If this feels like your next pub business, then please contact the recruitment team for further information
Sarah Barron, Business Development Manager
Apply for this property
The Pub Partners team at Greene King is here to help you make the right decisions about starting your own pub business.