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VILLAGE LOCAL

Red Lion

Milbanke Close, Ouston, Chester-le-Street, Co Durham, DH2 1JH

Ingoing Cost: £5,000
Annual Rent: £18,000

Features
Trading style
Key financials

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Function Room

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Car Park

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Restaurant/Dining

Property details

The Red Lion is located in the small village of Ouston, around 2 miles outside both Birtley and Chester-le-Street. There is a good local trade in the village. However, the launch of a strong food proposition could make the site a destination venue for people further afield. Not only from the local towns, but the A1M is 3 miles away. General footfall in the vicinity is huge.

The Pub has two main trading spaces. The main bar and the Restaurant/Function Room. There is a fully equipped commercial kitchen.

To the rear is a large beer garden, and to the right-hand side of the pub a large car park for 20 + cars.

The private accommodation benefits from 3 bedrooms, a kitchen, a bathroom, and a living Room.

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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

Trading style

Currently, the pub is run primarily as a wet-led venue. The opportunity is certainly there for a strong food offer. Strong historical recent performance of the existing tenant is evidence of this. A change in circumstances has meant that Food has been paused, but the demand is there.

The site also provides a function space outside of restaurant hours. Fundamentally, this is a great community asset that is well used and desired by the nearby residents. However, through the power of great social media, there is no reason why this establishment can’t tap into visitors and customers from nearby larger towns, Birtley and Chester-le-Street.

Key financials

Reference Number: 9FJDJ2 / 4212
Agreement Type: Tenancy

Min Ingoing Cost: £5,000.00
Annual Rent: £18,000.00

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.

Rent: £18,000
Bond: £5,000

ONLY TIED ON DRAUGHT PRODUCTS

A barrelage discount scheme
Only tied to draught products
The rent will be in line with the company code of practice
Amusement with prize machine and pool table income are shared on a 50/50 basis
Individual modular training courses on improving your pub business
Regular business support through experienced Business Development Managers
Marketing and Promotions assistance available
The agreement offers a contractual cooling off’ period to ensure the business is right for you

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.