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LOW ENTRY COSTS

Hermitage Inn

Castle Street, Warkworth, Morpeth, Northumberland, NE65 0UL

Minimum Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

The Opportunity
The Operator
The Offer

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Beer Garden

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External Drinking Area

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Letting Rooms

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Coastal

The Hermitage Inn, Warkworth presents an exciting opportunity to take on a successful pub with rooms in one of Northumberland’s most picturesque and sought-after coastal locations. Situated on the high street in the thriving market town of Warkworth, the pub benefits from stunning surroundings including the river, beach and historic castle, attracting both a strong local community and year-round tourist trade.

The pub offers five letting rooms with bed and breakfast, a popular Sunday carvery, a spacious drinking area and an attractive outdoor patio, providing multiple revenue streams and a strong platform for future growth.

There is a clear opportunity to increase trade to £10,000+ per week by growing wet sales, driving additional events and activity throughout the week, and maximising the potential of the letting rooms through improved marketing and online presence.

This is a fantastic opportunity to build upon an already established business in one of the North East’s most desirable destinations.

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

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Live Sports

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Experienced Operator

The landlords are looking for an experienced, community-focused hospitality operator with a strong food background, high-volume trading experience, and the ability to use digital marketing and social media to attract both local and visiting customers.

Reference Number: PSCFKB / 45285
Agreement Type: Operator Agreement

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.

All financial information shown, including projected turnover, costs and potential earnings, is provided for illustrative purposes only and was correct at the time of advertising. These figures are not guaranteed and actual results may vary based on trading performance, operator decisions and market conditions.

Business Details

Forecast Wet Turnover:	£249,600 pa
Forecast Food Turnover:	£145,600 pa
Forecast Letting Room Turnover:	£20,800
Estimated Annual Operator Share: Based on 20% of forecast weekly sales. This figure excludes VAT and business operating costs, including labour.	£83,200

Financial Details

Deposit:	£5,000
Legal Costs:	£360

The business currently generates around £8,000 per week in sales, with a mix of 60% wet, 35% food and 5% rooms.

What’s in it for you?

20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs. (* Deposits can vary depending on the business*)
Accommodation included with most bills covered, except the council tax & TV License.

The private accommodation consists of a three-bedroom flat with an office, all in good order throughout; there is also a separate one-bedroom flat.

Interested in this pub?

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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.