Black Bull Lanchester
Black Bull Lanchester
45, Front Street, Durham, DH7 0HT Pub Code: 2300645101
Pub Code: 2300645101
Foundation TenancyEst. Annual Turnover: £163,300
Annual Rent: £13,191
What would you do with this pub to make it even more of a success?
The area
The Black Bull is a traditional village pub in the heart of Lanchester, County Durham, located on Front Street. The pub is surrounded by mixed housing.
Demographics
The pub benefits from being one of 6 pubs found in an area of around 2,296 adults. The Black Bull customer base is made up of mature and midlife adults.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live entertainment, selection of pub games, such as pool, and darts and. It offers a selection of cask ales, a pub classic menu, and popular beers, ciders, wines and spirits.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…
Trading Area & Facilities
- Main trading area with bar
- 45 internal covers
- 30 external
- Pub games zone
- Catering kitchen
- Pub garden
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.
Indicative entry costs range from**:
£7,599 - £17,298
**Deposit build up from 1 month rent
**Rented fixtures & fittings deal available
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
45, Front Street, Durham, DH7 0HT
Selected pub
Other pubs
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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