Grey Horse Houghton Le Spring
Old Penshaw, Houghton Le Spring, DH4 7ERAgreement Type:
Investment Tenancy
1, China Street, Sunderland, SR2 8RU Pub Code: 0070224101
Pub Code: 0070224101
Foundation TenancyEst. Annual Turnover: £241,848
Annual Rent: £13,213
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…
Trading areas and facilities
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
1, China Street, Sunderland, SR2 8RU
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