Beer Garden
External Drinking Area
Property details
The Collingwood Arms is located in the Jesmond area of Newcastle. The pub is surrounded by residential housing. The pub benefits from being one of 13 pubs found in an area of around 6,000 adults. The customer base is made up of young adults and families.
Internally there is the main trading area with a bar, SmartDispense, pub games a small catering kitchen, and 45 internal covers.
There is outdoor Trade.
Private accommodation consists of two bedrooms, a kitchen, a living room, a bathroom, and a small roof terrace.
Cask Ale
Catering Kitchen
Team Games
Experienced Operator
Trading style
The potential of this pub lies in developing a strong food & drinks offer. It offers a selection of popular beers, ciders, wines and spirits, a pub classic menu, and cask ales. There is an opportunity to introduce live entertainment and/or live sports.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the pub will have experience in a similar hospitality business. They will have a clear vision for their food and drinks menu and 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.
Key financials
-
Reference Number:
8M9JTW / 0070059101
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£13,175.00
-
Annual Rent:
£32,097.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £32,097
Estimated Annual Turnover £390,725
Deposit £8,024
Estimated Fixtures & Fittings Value £11,335
Estimated Stock Valuation £7,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £29,859
Estimated Minimum Ingoing Costs £13,175
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.