Blue Bell Washington
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Mill House Washington
Mill House Washington
Blackfell, Birtley, Chester Le Street, DH3 1RE Pub Code: 0070135101
Pub Code: 0070135101
Foundation TenancyEst. Annual Turnover: £720,709
Annual Rent: £55,880
What would you do with this pub to make it even more of a success?
The Mill House is a flagship destination pub, located in Birtley with great access to Newcastle, Durham and the surrounding areas.
The area
The Mill House Birtley is located in the semi-rural area of Blackfell Washington with excellent regional links to County Durham and Tyne & Wear districts.
Demographics
The pub benefits from being only pub found in an area of around 706 adults. The Mill House customer base is made up of mature 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 a selection of, a pub classic menu, and popular beers, ciders, wines and spirits along with coffee trade.
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 destination food outlet hospitality business.
They will have a clear vision for their food & drinks menu, 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…
Trading Area & Facilities
• Main trading area with bar
• Separate dining room
• 110 internal covers
• Large catering kitchen
• Function room
• SmartDispense
• Front and rear external trading area
• Car park with 60 spaces
Private Accommodation
There is no private accommodation at the pub.
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**:
£14,156 - £75,720
Annual
Estimated Annual Turnover
£720,709
Annual Rent
£55,880
Entry Costs
Deposit
**Deposit build up from 1 month rent
**Deposit build up from 1 month rent
£13,970**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
**Rented fixtures & fittings deal available
£52,250**
Stock Valuation
£6,000
Working Capital Required
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
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.
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:
Blackfell, Birtley, Chester Le Street, DH3 1RE
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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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