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5718

William IV

North East - Tyne and Wear

288 High Street, Gateshead, Tyne & Wear, NE8 1EL

Pub Style

Community Local

Area

Situated on Gateshead High Street close to shops and main bus routes with public car park to rear

Pub business for let with accommodation not currently used,Also first floor development opportunity for function room
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Features of this pub

  • Prime location on high street.
  • Public car park nearby with main bus route on main street outside and close to highstreet and shops
  • Pub in good orderFREE OF TIE

Location

Situated on Gateshead High Street close to shops and main bus routes with public car park to rear

The Property

Comprising of a bar/lounge with separate games area.,On the first floor there is a function room that is ready for decoration and development

Living Accommodation

Currently operates as a lock up. The accommodation not used is in good order but requires decoration.

The Business

Well established and successful business over the years. The shift in customer base with developments in the high street requires hands on ownership of the buisness to give customers confidance. The customer base is mature and mixed.,Rates 14000,Rent 20k Free of tie. Tie option available,Deposit 2500,Machines 50/50 split

Nearby Local Pubs

Curlys, Fleece, The Metropole, Weatherspoons in town centre.

Pub business for let with accommodation not currently used,Also first floor development opportunity for function room
Enquire > Apply >

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Key Information

Rent: to be discussed with the local BDM,Rateable value: 14,000,Property insurance: 1,750,,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 for let with accommodation not currently used,Also first floor development opportunity for function room
Enquire > Apply >

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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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