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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
Property details
The Hope & Anchor sits in the pleasant village of Greatham, just off the A689 and ideally positioned between Hartlepool and Billingham. The village lies on the edge of the Teesmouth National Nature Reserve, an area known for its wildlife and natural beauty, while the nearby Tees River area is home to major employers, including Hartlepool Power Station and Tata Steel. This mix of residents, workers, and visitors creates a strong base of potential customers for a well-run community pub.
There are 1,199 adults within a 10-minute walk of the pub and 3,932 within a 20-minute walk, providing a solid local customer base to build regular trade and community engagement.
The area is served by a number of nearby pubs across Hartlepool, but the refurbishment will allow the Hope & Anchor to stand out locally with a refreshed interior, improved kitchen, and attractive outdoor space.
The pub has historically attracted a loyal customer base, particularly for food, before closing in October 2025. Following refurbishment, the aim is to reposition the Hope & Anchor as a destination community pub that appeals to a broader audience, including families, casual diners, and younger professionals looking for a welcoming place to meet, eat, and socialise.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with a bar
- Separate dining room
- Snug area
- Separate games or sports zone
- Catering kitchen
- Approx. 80 internal covers
- Pub garden
- Approx. 32 external covers
- Car park (13 spaces)
- HEINEKEN SmartDispense system
The private accommodation consists of three bedrooms, a kitchen, a bathroom, and a lounge.
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Catering Kitchen
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Team Games
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Pool Area
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Live Sports
Trading style
A refurbishment investment of around £260,000 is planned to transform the Hope & Anchor into a standout community pub with a quality traditional interior, strong food offer, and welcoming spaces for drinkers, diners, and sports fans alike.
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 Hope & Anchor Greatham will have extensive experience in community pubs with a strong food and drink offer. They will have a clear vision for a food-led menu featuring standout dishes such as a Parmo worth travelling for, a well-rounded drinks range, and a lively sports 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 / 2302256101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£52,805.00
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Annual Rent:
£27,972.00
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 £490,921
Annual Rent £27,972
Entry Costs:
Deposit** Deposit build up from 1 month rent £6,993**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £35,000**
Stock Valuation £7,312
Working Capital Required £3,500
Indicative entry costs £52,805
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.