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LOW ENTRY COSTS

Poverina Inn New

High Street, Middlesbrough, North Yorkshire, TS6 0LD

Ingoing Cost: £5,360
NO RENT PAYABLE ON THIS AGREEMENT

Description
Requirements
Benefits

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Beer Garden

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External Drinking Area

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Car Park

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Childrens Play Area

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Restaurant/Dining

Property details

The Poverina Inn sits in a great roadside location on the edge of Normanby, a suburb of Middlesbrough.

Internally, the pub has a long central bar and 2 main zones for guests, the games end, which has darts and a pool table, and a giant TV Screen showing Sky and TNT Sports, and the lounge/dining section on the other side. There is also a large function room above the pub, which can cater for parties and events up to 70 people

There are beer gardens to the front and rear, as well as an external kids' play area and a large car park.

The private accommodation consists of three bedrooms, a lounge, an office, a kitchen, and a bathroom.

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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

The Poverina is a strong community pub for the locals, as well as gaining passing trade for the traditional food offer.

The new partner will be an energetic local operator who has a passion for the community and the ability to offer their own food menu, in which you keep 100% of the turnover.

Key financials

Reference Number: PSCFKB / 39399
Agreement Type: Operator Agreement

Min Ingoing Cost: £5,360.00
Annual Rent: NO RENT PAYABLE

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.

The pub has plenty of scope for growth in drink and food sales, with the Poverina taking on average £6,500 with a 90/10 wet to food split.

What’s in it for you?

20% share of weekly wet sales, excluding VAT.
Keep 100% of the food sales.
Low ingoing costs, starting with just a £5,000 deposit and £360 legal costs. (*deposits can vary depending on business*)
Accommodation included with most bills covered, except the council tax & TV License.

TOTAL INGOING £5,360

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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.