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Wi-Fi
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Dog Friendly
Property details
Akenside Traders is a prominent city-centre pub positioned on Dean Street on Newcastle’s famous Quayside, just beneath the Tyne Bridge. It benefits from a strong combination of passing trade, tourism, local residents, workers, diners and Newcastle’s vibrant evening economy.
The pub has a broad appeal, operating as a food-led pub, sports venue and social destination. During the day it offers a family-friendly environment, while evenings become considerably livelier, with sport, food, drinks and weekend entertainment. The current proposition includes craft beers, premium lagers and spirits alongside cocktails, coffee, tapas, pizzas, burgers and other pub favourites.
The pub has a distinctive stylish-yet-rustic character, with an eclectic interior and plenty of different seating areas. Its established reputation for live sport and weekend entertainment gives an incoming operator a strong platform from which to build further trade
Private Accommodation
Accommodation TBC
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Catering Kitchen
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Live Entertainment
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Live Sports
Trading style
- An energetic and commercially minded operator who can maximise the opportunities presented by a busy city-centre location.
- Someone with a genuine passion for hospitality, sport, food and entertainment.
- A confident people person who will become highly visible within the pub and build strong relationships with customers.
- An operator who understands how to appeal to different customer groups throughout the day, from daytime diners and families through to sports fans and weekend visitors.
- Someone who can create a strong local customer following, rather than relying solely on passing trade.
- A natural promoter who can make the most of major sporting fixtures, weekends, events and the Quayside location.
- Someone comfortable leading and motivating a sizeable team in a high-volume trading environment.
- Commercially astute, with a focus on sales growth, costs, standards and profitability.
- An operator who understands the importance of maintaining a welcoming, safe and well-run venue while still creating a lively atmosphere.
- Ideally, someone with experience in a busy wet-led, food-led or city-centre pub environment, although the right attitude and entrepreneurial approach will be equally important.
Key financials
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Reference Number:
FH4FW1 / 142590
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£33,750.00
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Annual Rent:
£135,000.00
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.
Business Details
| Forecast Turnover: | £1,495,012 pa |
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| Forecast Wet Turnover: | £1,344,504 |
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| Forecast Dry Turnover: | £150,508 |
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| Guide Rent Annual: | £135,000 |
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| Turnover Rent Annual: | £37,583 |
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| Turnover Rent (%): Instead of a fixed monthly rent, you'll pay a base rent (guide rent demonstrated above)
plus a percentage of your net turnover (the percentage is demonstrated above). | 3 % |
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Financial Details
| Full Deposit: | £33,750 |
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| Repair Fund: | £77 pw |
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| Fixtures / Fittings: | £194 pw |
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