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Beer Garden
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External Drinking Area
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Function Room
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Car Park
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Restaurant/Dining
Property details
The Balloon is a large, well-established community pub located to the north of Newcastle city centre, enjoying a prominent and highly accessible position close to a major retail park just off the busy A1. With the nearby A191 serving as one of the main routes in and out of the city centre, the pub benefits from excellent visibility and strong passing trade from the surrounding road network. The area is densely populated with a mix of private and council housing, generating consistently high levels of local footfall and underpinning the pub’s role at the heart of the community. Long regarded as a “second home” by its loyal customers, the Balloon has built a strong and enduring local following, with generations of regulars continuing to support the business.
The pub operates as a versatile two-room venue, with a welcoming main bar positioned at the front of the building and accessed directly from the road. This sports-themed bar is enhanced by live sports and a strong community offer, including pool and darts teams, creating a lively and social atmosphere. Running from the front through to the rear of the property is a large, traditional function room, perfectly suited for events and private hire. Both areas are fully self-contained, each benefiting from its own bar and separate toilet facilities, allowing them to operate independently or together with ease.
Outdoor trading is well catered for, with a drinking area to the side of the entrance and a newly developed patio to the front, ideal for the warmer months. To the rear of the pub is a recently resurfaced car park with space for over 30 vehicles, shared with a neighbouring bookmaker, which helps to generate additional footfall for the business.
The private accommodation is of a good size, spread over two levels and consists of three bedrooms, two bathrooms, a lounge, a kitchen and an office.
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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
Trading style
The Balloon has previously had a strong customer base and has been particularly popular with sports fans and teatime drinkers. Trade is solely drinks-based, and pool and darts teams have previously helped boost mid-week profits. An experienced licensee would have the opportunity to establish a new customer base by introducing a regular entertainment programme and making strong use of the newly appointed function room. It will be important that the drinks range is reviewed on a regular basis to ensure the pub continues to attract consumers from a younger audience. There is the potential, however, to grow this significantly.
The Balloon is a true hub of the local community. This opportunity would ideally suit an experienced, hands-on licensee who can engage confidently with locals and bring strong marketing skills to create a standout pub experience. Someone who can quickly build momentum, drive community activity and deliver consistency would thrive here in the short term while ensuring the pub remains at the heart of the community.
Key financials
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Reference Number:
IU3WDL / P02270
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£8,500.00
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Annual Rent:
£10,000.00
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 Rent: £10,000
Security Deposit: £2,500 building up to £5,000 or the equivalent of three months’ rent, whichever is greater
Working Capital: £2,500
Stock: £3,500
Low Business Rates** Based on the draft rating list for April 2026, this has been estimated using the new Supporting Small Business Scheme (SSBS), limiting rates payable to circa £1,000 in 2026/27. Please note this applies only to pubs marked with ** and SSBS may be subject to future changes by HMG.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drink categories are tied. For fully funded licensees on long-term agreements, the landlords offer free-of-tie options for certain drinks categories in exchange for an annual fee.