**Reduced Rent - £23,000 per annum/£442 a week!**
The Swan, a beloved and well-established public house located on a prominent main road in Billingham, presents a fantastic opportunity for a new publican to take the reins of a thriving local business. With a rich history that dates back to the 1940s, The Swan has become a cornerstone of the community, serving as a popular gathering spot for both locals and visitors.
In addition to its day-to-day offerings, The Swan boasts a large function room that can accommodate over 200 guests, making it an ideal venue for larger events such as weddings, birthday parties, and corporate gatherings. The versatile space can be tailored to suit a wide range of occasions, providing the perfect setting for memorable celebrations. This feature significantly enhances the pub’s potential, offering a lucrative opportunity for hosting private events and attracting additional business throughout the year.
Located in a high-traffic area with a catchment of over 230,000 people within a 15-minute radius, The Swan benefits from excellent visibility and a strong community presence. Its spacious, flexible layout suits both casual dining and special occasions, making it a popular choice for a diverse range of customers.
They intend to support the successful applicant by improving some of the internal trading areas. Examples of some of the projects they undertake in the pub estate can be found in the Investing in Your Pub Brochure here. A more detailed specification of the intended works for this specific pub will be provided to interested parties during the application process. The aim is to undertake the works at the expense as soon as practicably possible once the tenancy has commenced.
Private Accommodation
The first-floor living accommodation is ideal for a family, featuring three well-proportioned bedrooms, a comfortable lounge, a functional kitchen, and a modern bathroom, all presented in excellent condition.