Skip to content

Victoria Gardens Sunderland

Apply for this Pub

Victoria Gardens Sunderland

1, China Street, Sunderland, SR2 8RU Pub Code: 0070224101

Pub Code: 0070224101

Foundation Tenancy

Est. Annual Turnover: £241,848

Annual Rent: £13,213

Apply for this Pub

The Victoria Gardens into a quality pub for customers to enjoy. This is an excellent business opportunity in a great location, perfect for engaging with the local community.  The pub is surrounded by a mix of housing and small local businesses.

What would you do with this pub to make it even more of a success?

The area

Victoria Gardens sits in a lively suburb of Sunderland with thousands of local adults nearby and very limited competition. Positioned just off a main road with easy access via bus stops, the pub is primed to become a community favourite.

Demographics

The pub benefits from being one of two pubs in an area of around 4,810 adults within a 10-minute walk. The customer base is made up of mostly young and 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 popular beers, ciders, wines and spirits along with a popular food 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 community led hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and entertainment 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…

  • Foundation Tenancy

  • Letting Rooms

  • Catering Kitchen

  • Pub Games

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

Trading areas and facilities

  • Main trading area with bar
  • 4 Letting rooms
  • Catering kitchen
  • Large outdoor trade
  • SmartDispense

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen & bathroom.

Pub Financials Icon

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**:

£10,216 - £27,308

Annual
Estimated Annual Turnover
£241,848
Annual Rent
£13,213
Entry Costs
Deposit
**Deposit build up from 1 month rent
£3,303**
Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available
£14,890**
Stock Valuation
£5,615
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.

Location:

1, China Street, Sunderland, SR2 8RU

Google map location image of Victoria Gardens Sunderland
[]

Blue map location pin Selected pub

Dark blue map location pinOther pubs

North East, England events

Join us in your region