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COMMUNITY SITE

Wolsey New

Millum Terrace, Sunderland, Tyne and Wear, SR6 0ES

Ingoing Cost: £15,187
Annual Rent: £36,750

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Coastal

Property details

The Wolsey is a well-known traditional pub in Roker, a coastal area of Sunderland. The pub is surrounded by a mix of residential and leisure areas. The pub benefits from being one of 13 pubs found in an area with around 6,101 adults. The Wolsey customer base is made up of young and mature adults.

Trading Area & Facilities:

Live entertainment
Catering kitchen
Live Sports
Beer garden
Private accommodation

The private accommodation consists of 3 bedrooms, a living room, a kitchen, a bathroom, and an office.

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Catering Kitchen

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Live Entertainment

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Live Sports

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Experienced Operator

Trading style

The Wolsey is the traditional pub of choice for locals, regulars, tourists, and visitors to the coast, boasting a bar full of beers, including guest ales.

The site currently has the ability to drive trade via live entertainment and live sports. It offers a selection of cask ales, coffees, and popular beers, ciders, wines, and spirits.

If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a community-led hospitality business. They will have a clear vision for their entertainment offer, food & drinks menu, and sports offer, and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.

Key financials

Reference Number: 8M9JTW / 0070258101
Agreement Type: Tenancy

Min Ingoing Cost: £15,187.00
Annual Rent: £36,750.00

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.

Annual:

Estimated Annual Turnover £15,187
Annual Rent £41,312

Entry Costs:

Deposit** Deposit build up from 1 month rent £490,294**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £36,750**
Stock Valuation £8,624
Working Capital Required £3,500

Indicative entry costs range from** £15,187 - £41,312

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

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

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