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GUARANTEED RETAINED ANNUAL SUM

Block & Tackle New

Blackthorn Way, Ashington, Northumberland, NE63 8NW

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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Restaurant/Dining

Property details

The Block & Tackle sits in the middle of a large housing estate in the busy town of Ashington in Northumberland, which many locals use for food and drink, as well as their big nights out and sporting events.

This is a great community pub which has two entry doors, one leading to the large drinking and sports zone, the other to a snug and dining area, with a traditional pub company menu on offer. It has a large central bar feeding into both areas.

Externaly there is a beer patio area to the front of the pub, as well as 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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Live Entertainment

Trading style

The customers are drawn from the local estate, made up of a mixture of private and council-owned properties. The town is a busy community and has recently had a new train link to Newcastle open. The beautiful Northumberland coast is within easy reach of the area, approx. 10 minutes.

A fully formed entertainment, Rhythm of the week, and Sport plan that is promoted correctly will naturally drive trade.

Key financials

Reference Number: PSCFKB / 41290
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 Block & Tackle has a solid trading base, taking £12,000 a week with an 85/15 wet/food split, but is absolutely capable of doing another 30% of wet sales and 50% of food sales with the right driven operator.

What’s in it for you?

22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
Low ingoing costs, deposits starting from £5,000, 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.