North Road, Wideopen, Newcastle Upon Tyne, Tyne and Wear, NE13 6LN
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.
|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||£26,000 per annum|
|Weekly rent||£500.00 per week fixed|
£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.
|Fixtures & fittings||£0||Working capital||£5,000|
|Other costs||£5,350||Total entry cost||£18,100|
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. 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.
Current premises licence opening hours
Sun - Thu: 11:00 - 23:30 Fri - Sat: 11:00 - 00:00
Business Development Manager
Call the Recruitment team on 01284 714 497Apply 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 ”