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4233

Thorntree Hotel

North East - Cleveland

The Greenway, Thorntree, Middlesbrough, TS3 9ND

Pub Style

Community Local

Area

Thorntree is a housing estate in east Middlesbrough. It is so called because it was built on land which was Thorntree Farm. The Thorntree is the only public house on the estate which has a population of approximately 5,000.

Pub business with accommodation
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Features of this pub

  • Major refurbishment completed recently
  • Three separate trading areas
  • Located in a densely populated area

Location

Thorntree is a housing estate in east Middlesbrough. It is so called because it was built on land which was Thorntree Farm. The Thorntree is the only public house on the estate which has a population of approximately 5,000.

The Property

This purpose built pub is spacious and comprises of three separate trading areas.

Living Accommodation

A self-contained three bedroom flat with lounge, kitchen, bathroom and toilet.

The Business

Wet led local. Great opportunity to be the hub of the community.

Nearby Local Pubs

The Thorntree is the only pub on the estate.

Pub business with accommodation
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Find This Pub

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Key Information

Rent: to be discussed with the local BDM,Rateable value: 17,500,Property insurance: 1,850,Deposit: 3,000,Working capital: 15,000 minimum,Agreement: 1 year fixed term,,RENT will be discussed with the local Business Development Manager (BDM) in line with the companys Code of Practice. ,,BOND DEPOSIT required will depend on the pub and the type of agreement you choose. Our BDM will fully explain the types of agreements available for this pub. Bonds range from 2,500 on a one year agreement to 8,000 on a three year agreement (Bond build up may be discussed where applicable with the BDM). ,,FIXTURES & FITTINGS are valued independently. We have a flexible approach to the purchase of fixtures and fittings IF THE COMPANY OWNS THEM and can therefore arrange monthly instalments over the first term of your agreement. If the out going tenant owns the fixtures and fittings then it is a transaction direct between you and them. Your local BDM will discuss this with you.

Benefits Include

  • A barrelage discount scheme.,
  • Freedom from tie on wines, spirits and soft drinks.,
  • 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 code of practice.,
  • Amusement with prize machine and pool table income are 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.,
  • Our lease agreements offer a contractual cooling off’ period to ensure the business is right for you.
Pub business with accommodation
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They have helped me no end.  I was new to the management post and thrown in at the deep end.  Trust Inns has helped me with the running of the pub and paperwork.  My BDM and credit controller have been very good.

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