FindMyPub.com
Function Room
FindMyPub.com
No Private Accomodation
Property details
The Raby Hotel is situated on the busy Shields Road area of Byker. The area is the main high street for the local people to shop for their daily provisions. The area is very busy during the day with a variety of retail stores attracting locals for varying needs. The area is popular for people who work in the City centre (2 miles away). Residing in the Byker area and using either the bus or metro networks to the City.
The pub is a prominent corner plot. It is a long-standing and established public house in this area. The pub is one L Shape open plan room downstairs with one large bar servery. Upstairs is a disused function room with toilet facilities and a bar. It has not been used to any standard for 3 to 4 years, but could be brought back into use with a small investment.
This business operates as a lock-up, so there is no private accommodation.
FindMyPub.com
Team Games
FindMyPub.com
Pool Area
FindMyPub.com
Live Entertainment
FindMyPub.com
Live Sports
Trading style
The current tenant has operated the venue for over 8 years, so there is a stable trade to build on. The landlords have prepared an exciting external decoration scheme as well as a full refurbishment of the toilets.
Additionally, the trading areas warrant some attention, and this can form the basis for discussion and negotiation for reaching an agreement on the pub. All in all, the Raby Public House is a long-standing Byker institution waiting for its next custodian.
Key financials
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Reference Number:
9FJDJ2 / 4207
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Agreement Type:
Lease / Tenancy
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Min Ingoing Cost:
£3,000.00
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Annual Rent:
£15,000.00
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.
Rent £15,000
Bond £3,000
ONLY TIED ON DRAUGHT PRODUCTS
- A barrelage discount scheme
- Only tied on draught products
- You will have the right to assign your pub lease after 12 months (3 or 10-year agreements)
- The rent will be in line with the company's code of practice
- Amusement with prize machine and pool table income is shared on a 50/50 basis
- Individual modular training courses on improving your pub business
- Regular business support through experienced Business Development Managers
- Marketing and Promotions assistance available
- The lease agreements offer a contractual cooling-off period to ensure the business is right for you