Blue Bell Jesmond

Jesmond Vale, Jesmond, Newcastle Upon Tyne NE2 1PH

  • Blue Bell Jesmond
  • Blue Bell Jesmond
  • Blue Bell Jesmond
  • Blue Bell Jesmond
  • Blue Bell Jesmond
  • Blue Bell Jesmond
  • Blue Bell Jesmond
  • Blue Bell Jesmond

Blue Bell Jesmond

The Blue Bell enjoys a great roadside position in the Jesmond Vale area and is less than two miles east of Newcastle.

The nearby residential area is popular with students and young professionals and the Blue Bell is one of the few pubs in the vicinity.
The pub is easy to get to and has three Metro stations within walking distance giving it great passing trade.

Leashold: £80,000
Annual Rent £49,000
Turnover year end April 2017 £491,612
Adjusted net profit c. £39,000

Please contact: 07595722832


Assignment Disclaimer
These particulars are provided for information purposes only and do not constitute an offer which is capable of acceptance. Neither Star Pubs & Bars nor its associated or group companies represent the current lessee and neither they nor any person in their employment has any authority to make or give any representation or warranty in relation to the property or on behalf of the current lessee. It should not be inferred from the existence of these particulars that consent to any proposed assignment shall be forthcoming and any application for consent to assign will be dealt with strictly in accordance with the provisions in the lease. None of the statements contained in these particulars are to be relied upon as statements or representations of fact and any intending purchaser/ assignee must satisfy himself, as to the correctness of each of the statements contained in the website. Because of the constantly changing nature of the leisure license business, no representation or warranty is given that the statements made in these particulars are accurate complete or current. Liability for losses arising from any reliance on information contained in these particulars is disclaimed.

Pub Features

  • Long-Term FRI Lease
  • Outdoor Trade
  • Private Accommodation
  • Monthly Billing

Trading Area & Facilities

Internally the Blue Bell is well maintained and decorated in a traditional style with seating for circa 70 customers in the public bar and room for 50 more people in the function suite.

Also included is a pool table, male, female and accessible toilets, catering kitchen and storage and cellar facilities.

There is a large and attractive beer garden which is well known locally is very busy in the summer months. The pub is complimented by 7 parking spaces.

Private Accommodation

The private accommodation has been recently refurbished and is a two bedroom flat. The flat is well maintained and is nicely decorated.

Premises Licence Details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
- - - - - - -

Financials

Annual Rent £
Estimated Annual FMOP (Licensee Profit) £
Representative HEINEKEN UK Brand Discount Per Barrel £
Estimated Annual Turnover £
Estimated Annual Barrelage

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
Estimated Fixtures & Fittings Valuation Fee £
Estimated Stock Valuation £
Deposit Amount £
Rent In Advance £
Training Fee £
Estimated Designated Premises Supervisor / Manager Fee £
Premises Licence Fee £
Rates Assessment Fee £
Estimated Legal Fees £
Estimated Total Ingoing Costs £
Estimated Minimum Ingoing Costs £

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
Estimated Annual Maintenance Compliance Charge £
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased