Wheatsheaf⁽⁴²⁴⁵⁾

This pub business and flat is no longer available to let.

– Full catering kitchen
– Destination food led business
– Great beer garden
– Garden & Patio at the front,
– Large Car Park

Located in the village of New York in the metropolitan county of Tyne and Wear, North East England. Approximately 4 miles from Whitley Bay, and 5 miles from the town of Tynemouth.

Detached building with ample parking off New York Road on Murton Lane. Great outdoor patio space.

Living accommodation is available.

Trading as a very successful food led pub, this vacancy needs a experienced food led operator.

Robin Hood Murton is around the corner going into the village; the Shiremoor Farm is closeby and the Jolly Bowman is in the village of New York. The Northumberland Arms in West Allotment provides a more community offer.

The pub is currently licensed from:

Monday – Saturday 11:00am -11:00 pm.
Sunday 12:00 am -10:30 pm.

• 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.

Rent: £30,000

Rates: £14500 (Business Rates approximately £7000)

Bond: £2000

Building Insurance: £2110

Discount £90 barrel

Service charge £2100

Stock: Value on day

F&F: TBC