North Road, Wideopen, Newcastle Upon Tyne, Tyne and Wear, NE13 6LN
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 on.
Two separate trade areas, currently offering a bar/dining area and also a sports bar area which has pool table and gaming facilities.
|Car park spaces||20|
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.
|Annual rent||£37,300 per annum|
|Weekly rent||£717.31 per week fixed|
£37,300 per annum, £717.30 per week paid weekly by direct debit. All terms negotiated on agreement.
Entry costs approx £15,275 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, schedule of condition, working capital and deposit. *Please note an assisted purchase may be available for the right operator and the F&F costs are shown as a 25% deposit and full cost is approx £19,000.00*
|Fixtures & fittings||£4,750||Working capital||£2,000|
|Other costs||£5,350||Total entry cost||£15,275|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
Wideopen is a village north of Gosforth and six miles north of Newcastle upon Tyne City Centre