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LOW ENTRY COSTS

Kings Arms New

Cowpen Road, Blyth, Northumberland, NE24 5NG

Ingoing Cost: £2,000
Annual Rent: £7,500

Features
Trading style
Key financials

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Car Park

Property details

The King's Arms is located on the main route from the Asda supermarket into the Town. There are high levels of residents in the pub's immediate vicinity. The pub is a detached property that is close to all local amenities.

The site itself has two main bar trading spaces. One of which can be used for small sized functions.

Additionally, there is ample parking to the left hand side of the pub.

The private accommodation consists of three bedrooms on the first floor that would benefit from an upgrade for the right tenant.

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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

The pub is a wet-led pub taking between £3-4k per week. The current tenant, who has traded for a year, has engaged the Pool / Darts teams at the pub. They run regular entertainment and were considering introducing Sky to attract locals for live sporting events. With a community-focused licensee, this pub has the potential to be a great value local’s bar.

Key financials

Reference Number: 9FJDJ2 / 5356
Agreement Type: Lease / Tenancy

Min Ingoing Cost: £2,000.00
Annual Rent: £7,500.00

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: £7,500
Bond: £2,000
High Discounts

ONLY TIED ON DRAUGHT PRODUCTS

A barrelage discount scheme
Only tied on draught products
You will have the right to assign your pub lease after 12 months (10-year agreements only)
The rent will be in line with the company's code of practice
Amusement with prize machine and pool table income is 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 lease agreements offer a contractual cooling-off period to ensure the business is right for you

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