Jolly Bowman
Addington Drive, Wallsend, Tyne and Wear, NE28 9UR
A WED LED COMMUNITY LOCAL
The Jolly Bowman, Wallsend is currently a wet led community pub, which offers a Sunday lunch service, although there is scope to extend this offer to incorporate more days of the week. The pub needs to be at the heart of the local area and make the most of the existing sports teams. A good Sunday lunch offer can be the springboard to a more comprehensive food menu. The pub is a large one room operation; with a decent car park and external areas, making an ideal location for live music, team, and social events. The new operator will need to devise and implement a full rhythm if the week to grow sales and become the local pub of choice.
Bar
Dining areas
Garden
Kitchen
Patio
Location
Wallsend is a town in North Tyneside, Tyne and Wear, at the eastern end of Hadrian's Wall, lying 4 miles east of Newcastle-Upon-Tyne. The Jolly Bowman is just off a main arterial route close to the Coast Road and is easily accessible from all directions.
Business Information
Annual rent
£23,042
Weekly rent
£443
Entry costs
£11,400
Turnover royalty
n/a
Forecasted Operator Turnover
£539,917
Forecasted Operator Profit (inc machine profit)
£31,342
Forecasted Operator Machine Profit
£8,300
Average Beer & Cider Discount*
£144
Type of Tie
Partial tie: Tied All Beer, All Cider & Minerals
Agreement
1 Year foundation agreement. Machine income shared 50/50.
Entry costs approximately £114,00, 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 £6,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£6,000
Fixtures & Fittings
£0
Legal Admin Fee
£350
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£3,000
Other Costs
£1,150
Total Entry Costs
£11,400
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 315 | 1,267 | 8,633 |
| 2022 | 277 | 398 | 4,949 |
| 2021 | 183 | 302 | 3,257 |
Upon entry from main road there is a Bar/Games area to the left hand side and a large lounge/dining area to the right hand side. The games space also lends itself to functions and live music events as has an elevated floor area ideal for dancing and live acts/
Trade Bars
1
Trade Dining Areas
1
Trade Kitchens
1
Trade Food Covers
110
Trade Gardens
1
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
30
Current Premises Licence Opening Hours
Mon-Sat: 09:00-00:30
The accommodation comprises 2 bedrooms, lounge, kitchen, bathroom and office.
Private Rooms
6
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
1
Bedsits
0
The Jolly Bowman would suit a local operator with basic food experience, who is able to deliver a bar snack and Sunday lunch menu A first time operator could be successful here if they have adequate industry experience. You will ideally be a local person with local knowledge and be community driven.
Kevin Shears, Business Development Manager
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