Mill House Washington
Blackfell, Birtley, Chester Le Street, NE38 1REAgreement Type: Foundation Tenancy
View for Mill House Washington detailsOld Penshaw, Houghton Le Spring, DH4 7ER
Pub Code: 2302369101
Est Min Ingoing Costs: £11,066
Annual Rent: £26,180
The area
The Grey Horse is located in Penshaw Village, surrounded by mixed housing and close proximity to Washington, Houghton le Spring and local amenities. The pub benefits from being the only pub found in an area of around 4,000 adults. The customer base is made up of elderly, families, and mature workers.
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 strong 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 and live sports. It offers a selection of popular beers, ciders, wines and spirits and a pub classic menu.
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 similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and sports 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…
Details to be confirmed.
Annual Rent | £ 26,180 |
Estimated Annual Turnover | £ 414,209 |
Deposit | £ 6,545 |
Estimated Fixtures & Fittings Value | £ 25,000 |
Estimated Stock Valuation | £ 5,384 |
Estimated Working Capital | £ 3,500 |
Estimated Total Ingoing Costs | £ 40,429 |
Estimated Minimum Ingoing Costs | £ 11,066 |
Old Penshaw, Houghton Le Spring, DH4 7ER
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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