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LOW ENTRY COSTS

Coach & Horses

Galgate, Barnard Castle, Co Durham, DL12 8BH

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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Smoking Solution

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Letting Rooms

Property details

The Coach & Horses is perfectly situated in the centre of Barnard Castle, a very busy market town in County Durham. In the summer, the pub will be at its busiest for 4-5 months with the tourists that flock to the area, but it is also a major attraction for tourists all year round, with the scenic aspect, the Castle, and Bowes Museum being close by.

There is one long central bar that services the main drinking area at the front of the pub and the pool room towards the top. The pub also has 7 letting rooms and a catering kitchen.

Externally, there is a covered smoking area/patio at the side of the pub, and then a large paved beer garden with numerous tables for better weather.

The private accommodation consists of one double bedroom, a lounge, an office, 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

Trading style

This is a great prospect for a licensee who is passionate about connecting with their local town and community.

The landlords are looking for a licensee/s who can build strong links within the local community and have the drive to boost sales and drive the Coach & Horses to reach its full potential.

Key financials

Reference Number: PSCFKB / 40817
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 site currently takes on average £6,000 per week with 90% of sales from the wet side of the business, and 10% from the 7 letting rooms, but has the potential to achieve up to £10k a week by implementing a great own food menu and increasing drinks sales.

What’s in it for you?

Minimum 20% share of weekly wet sales and room income, excluding VAT (enhanced % available initially).
Keep 100% of your own 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.