Station Hotel Bishop Auckland
201 Newgate Street, Bishop Auckland, DL14 7ELAgreement Type:
Foundation Tenancy
Newgate Street, Bishop Auckland, DL14 7EN Pub Code: 0070322101
Pub Code: 0070322101
Investment TenancyEst Min Ingoing Costs: £31,405
Annual Rent: £14,884
Refurbished circuit bar in Bishop Auckland town centre. The Cumberland offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential.
What would you do with this pub to make it even more of a success?
The area:
The pub is located on the high street in Bishop Auckland, forming part of a traditional town centre circuit. It sits just five minutes from the train station, multiple bus routes, and a busy shopping centre. There are 3,300 adults within a 10-minute walk and almost 9,000 within 20 minutes. The pub will be one of 17 along the high street, with the main competitor being The King’s Head.
Demographics:
The local population is of medium affluence, with a higher proportion of mature customers compared to the national average. The pub is well-positioned to appeal to community wet-led circuit drinkers, couples, and male daytime customers.
The offer:
The Cumberland is available on our investment tenancy agreement. Click here for more information on this agreement.
The refurbishment will create a high-quality circuit pub environment, improving all finishes from the bar front to the toilets, with an external “glow up” to make the frontage stand out. The pub will focus on a strong drinks range of lagers and ales, supported by live sport, pub games and regular entertainment.
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 Cumberland will be an experienced local, who understands circuit trade and how to maximise the rhythm of the week.
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…
The Cumberland Arms will be undergoing a refurbishment which will cover the interior and exterior of the pub.
A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pubs trading area and facilities post refurbishment will be:
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Estimated Total Ingoing Costs
£31,405
Estimated Minimum Ingoing Costs
£31,405
Newgate Street, Bishop Auckland, DL14 7EN
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Agreement Type:
Foundation Tenancy
Agreement Type:
Foundation Tenancy
Agreement Type:
Foundation Tenancy
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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