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VILLAGE LOCAL

Derry

Darlington Road, Long Newton, Stockton-on-Tees, Co Durham, TS21 1PE

Ingoing Cost: £14,145
Annual Rent: £37,744

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Car Park

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Childrens Play Area

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Restaurant/Dining

Property details

The Derry is located in the village of Longnewton, in the borough of Stockton-on-Tees. The pub is surrounded by residential housing. The pub benefits from being one of 2 pubs found in an area of around 800 adults. The customer base is made up of mature households, retired couples, and families.

Trading Area & Facilities:

Main trading area with bar
Separate dining room
70 internal covers
100 external covers
Catering kitchen
SmartDispense
Large, uncovered beer garden with huts and children’s play area
Car park with 25 spaces
Pub games

The private accommodation consists of three bedrooms, a living room, a kitchen, and a bathroom.

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Catering Kitchen

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Experienced Operator

Trading style

The potential of this pub lies in developing a strong food and drink offer. The site currently has the ability to drive trade via live entertainment, live sports, and a selection of pub games, such as pool, and darts. It offers a selection of a pub classic menu and popular beers, ciders, wines, and spirits.

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 the community-led 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

Reference Number: 8M9JTW / 0070391101
Agreement Type: Tenancy

Min Ingoing Cost: £14,145.00
Annual Rent: £37,744.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.

Annual:

Estimated Annual Turnover £618,685
Annual Rent £37,744

Entry Costs:

Deposit** Deposit build up from 1 month rent £9,436**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £25,000**
Stock Valuation £7,500
Working Capital Required £3,500

Indicative entry costs range from** £14,145 - £45,436

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.

Thinking of Running a Pub? – Explore the different ways to enter the trade and find the right path for you. Explore

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MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.