Beer Garden
External Drinking Area
Smoking Solution
Letting Rooms
Restaurant/Dining
Property details
The Golden Lion is located in the town of Corbridge, close to the River Tyne. The pub is surrounded by shops, food and retail outlets, and mixed housing. The pub benefits from being one of 6 pubs found in an area of around 2,000 adults. The customer base is made up of mature households, retired couples, and tourists.
Internally there is the main trading area with a bar and a separate dining room, smartdispence, a function room, a catering kitchen, and 60 internal covers, the pub benefits from having six letting rooms.
Externally there is a trade area and a car park.
The private accommodation consists of three bedrooms a kitchen a living room and a bathroom.
Cask Ale
Catering Kitchen
Experienced Operator
Trading style
The site currently has the ability to drive trade via live entertainment. It offers a selection of popular beers, ciders, wines and spirits, cask ales, and a pub classic menu.
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 extensive experience in a similar hospitality business. They will have a clear vision for their food and 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 the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 0070361101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£17,037.00
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Annual Rent:
£42,447.00
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 £42,447
Estimated Annual Turnover £544,899
Deposit £10,612
Estimated Fixtures & Fittings Value £20,000
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £44,112
Estimated Minimum Ingoing Costs £17,037
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.