North Terrace Newcastle
Claremont Rd, Newcastle Upon Tyne, NE2 4ANAgreement Type: Foundation Tenancy
View for North Terrace Newcastle detailsBrandling, Newcastle Upon Tyne, NE2 4RS
Pub Code: 0070059101
Est Min Ingoing Costs: £13,175
Annual Rent: £32,097
The area
The Collingwood Arms is located in the Jesmond area of Newcastle. The pub is surrounded by residential housing.
Demographics
The pub benefits from being one of 13 pubs found in an area of around 6,000 adults. The customer base is made up of young adults and families.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food & drinks would you look to implement in the pub?
It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales. There is an opportunity to introduce live entertainment and/or live sports.
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 experience in a similar hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy 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…
Private accommodation consists of 2 bedrooms, kitchen, a living room, bathroom and a small roof terrace.
Annual Rent | £ 32,097 |
Estimated Annual Turnover | £ 390,725 |
Deposit | £ 8,024 |
Estimated Fixtures & Fittings Value | £ 11,335 |
Estimated Stock Valuation | £ 7,000 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 29,859 |
Estimated Minimum Ingoing Costs | £ 13,175 |
Brandling, Newcastle Upon Tyne, NE2 4RS
Agreement Type: Foundation Tenancy
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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