Pub/bar for sale in Princes Rd, Newcastle Upon Tyne 5Tt, Newcastle Upon Tyne NE3, £80,000

80,000.00

Offer Nr.:
61956033
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
A1 BUSINESSES FOR SALE
Phone(s):
01904 918748

* Convenience Store, Off Licence & Craft Pub with Beer Garden
* Offers invited
* Currently closed
* Located within a suburb of Newcastle upon Tyne
* 2 Bedroom Accommodation
* Outside Seating Area
* Dense residential location
Closed Convenience Store, Off Licence & Craft Beer Pub with 2 Bed
Accommodation
Key Features
Beer Garden with Wine, Beer and Spirits Shop, Deli
Option for 2 Bedroom Accommodation
Outside seating area
Dense residential location
Well Established
This business is located amongst a large residential area within a suburb of
Newcastle upon Tyne and within close proximity to a multitude of local
amenities.
This unique business operates as a convenience store with a secret bar
situated to the back of the premises, well known for its craft beer. The bar
area incorporates two adjoining indoor cosy rooms and an external garden area
with seating outside.
The pub offers a comprehensive selection of beers, ciders, wines, gins and a
range of food options. The owners have integrated a deli and bakery within the
premises and currently host 3 food events per week.
This business boasts an excellent online rating of 4. 9 stars on google and 5
stars on facebook with an impressive following on Twitter. Their popularity is
reflected within the media describing the business as a 'hidden gem'.
The owner has been running the business for 15 years and is now looking to
sell due to other business commitments.
On - Site Services
Hub Box parcel delivery service
Trading Hours currently closed
Monday to Wednesday 8: 00am - 8: 00pm
Thursday 8: 00am - 9: 00pm
Friday to Saturday 8: 00am–10: 00pm
Sunday 9: 00am–8: 00pm
Stock Value
£30, 000 (Estimate)
Business & Accommodation Rent Annual
£19, 000
Weekly Turnover currently closed
£10, 000
Rateable Value
£7, 500 (Note: The rateable value is used to calculate your rates bill so this
is not the amount you will pay)
Premises Licence
Monday to Sunday 8: 00am - 12: 00pm
Property Use Classification
A1 Shops
A3 Food and Drink
A4 Drinking Establishments
Lease Terms
**Tbc
**
Tenure
Leasehold
Retail Measurements
Ground Floor
Retail Zone 65. 21m² (702ft²)
Internal storage 51. 25m² (552ft²)
Office 6. 9m² (74ft²)
Total 167. 42m² (1, 802ft²)
Accommodation
The accommodation incorporates two bedrooms, living room, kitchen and bathroom
and is located separately from the business further down the street. Further
details available on request.
Notice
All information provided is subject to the standard terms and conditions of A1
Businesses Ltd. (trading as A1 BUSINESSES FOR SALE). See our disclaimer page
for more details.
Viewings
Any viewings for the business and/or property are to be made strictly by
appointment only through A1 BUSINESSES FOR SALE. No approach should be made
directly to the owner or any of their employees.

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