Live Sport Venue

Travellers Rest

North Road, Wideopen, Newcastle Upon Tyne, Tyne and Wear, NE13 6LN

Gallery

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Pub overview

A popular community Pub

The Travellers Rest is a fantastic opportunity for a skilled and driven pub operator. This public house has the scale and potential for expansion to increase all income streams. The pub is in the heart of the community with a separate public bar ideal for team games and dining area which can be maximised upon. It is a family friendly pub with a garden and patio area, great for the warmer months. There are a large flat screen TV's showing Sky Sports throughout the year.

Two separate trade areas, currently offering a bar/dining area and also a sports bar area which has pool table and gaming facilities.

Trade space
Bars 2
Car park spaces 20
Dining rooms 1
Food covers80
Trade kitchens 1
Patio areas 2

Located above the pub with a separate external access point, this very large accommodation area is ideal for a family and has local direct links in and out of the city.

Private space
Private Rooms11
Lounge1
Single Bedrooms2
Double bedrooms3
Private Kitchen1
Bathrooms1
Toilets1
Office1

Rent information

Annual rent£26,000 per annum
Weekly rent£500.00 per week fixed
Notes

£26,000 per annum, £500.00 per week paid weekly by direct debit

Entry costs approx £18,100 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures & Fittings will be rented with weekly payments required.

Brokers£750Legal£350
Deposit£6,500Stocktaking fees£150
Fixtures & fittings£0Working capital£5,000
Other costs£5,350Total entry cost£18,100

Agreement description

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

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.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/193841,1824,732
2017/183751,3423,090
2016/174631,7864,601
Volume notes

Location

Wideopen is a village north of Gosforth and six miles north of Newcastle upon Tyne City Centre. The pub is on the main road leading into Wideopen, diagonally across from Lockey Park. The site is easily accessible from the A1 and not far from Weetslace Country Park also.

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Facilities

Trade bar
Car park
Dining area
Trade kitchen
Trade patio

Current premises licence opening hours

Sun - Thu: 11:00 - 23:30 Fri - Sat: 11:00 - 00:00

Contact Us

Sarah Barron

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ I am looking for an experienced operator, who has the knowhow to devlop the Pub, especially the food offer. The Travellers Rest operates at the heart of the local community, so engaging with the locals will be key to your success. If this sounds like the right opportunity for you, please do contact the recruitment team for further information ”