Beer Garden
External Drinking Area
Restaurant/Dining
Property details
The George Stephenson is a large and very well-maintained pub on Great Lime Road, Westmoor, Newcastle. While the pub has kept its traditional features and atmosphere, its fabrics and lighting give it a contemporary and comfortable edge.
The pub has a large, attractive wood-paneled bar selling a wide range of good quality keg beers, lagers, ciders, and a range of cask ales.
Externally, there is a well-appointed patio area with a large lawn to the rear complete with benches for outdoor drinking. The pub benefits from its placement on a busy road, making it ideal for passing trade.
The upstairs private accommodation is a very spacious three-bedroom flat. In line with the landlords ready-to-trade promise, they will ensure the private accommodation is in good condition so that you can focus on your business.
Cask Ale
Catering Kitchen
Live Entertainment
Experienced Operator
Trading style
This pub is well known for its live music, regular events, and great drinks offer. Both pub teams and live sports are also key to George's success. There is also an opportunity for a small, well-done food offer for an additional income stream.
The right operator for the George Stephenson will have extensive experience in a similar hospitality business. They will have a clear vision for their food and drinks menu and marketing strategy 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
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Reference Number:
8M9JTW / 0070352101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,522.00
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Annual Rent:
£24,260.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £24,260
Estimated Annual Turnover £336,296
Deposit £6,065
Estimated Fixtures & Fittings Value £10,890
Estimated Stock Valuation £6,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £26,455
Estimated Minimum Ingoing Costs £11,522
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.