Old England, Great Lumley - Tenancy Opportunity

3 days left

Location
DH3 4JB, Chester Le Street
Salary
Business Opportunity
Posted
24 Aug 2017
Closes
24 Sep 2017

Old England, Great Lumley - Tenancy Opportunity

PUB OVERVIEW

The Old England is a busy wet led, community sports pub with a strong local following. A Traditional and popular pub which is perfect for an operator who can develop a menu and get involved in the local community. The Old England has a bright restaurant area which is ideal for someone who would like to develop the food menu. As a friendly local pub you can expect people of the community to come and enjoy quiz nights, entertainment and pub games on a regular basis.

BUSINESS INFORMATION

Entry cost from: £9,675

Annual rent: £28,650 per annum

Agreement Tenancy – Standard Tenancy

Forecasted Operator Machine Profit: £5,648

Forecasted Operator Profit (including machine profit): £28,576

Forecasted Operator Turnover: £398,531

Average Beer & Cider Discount: Blended £144

Type of Tie: Partial tie: Tied All Beer, All Cider & Minerals

LOCATION

Great Lumley is a village in County Durham. It is situated south east of Chester-le-Street, near Lumley Castle.

TRADE SPACE

The pub consists of one main bar and separate lounge area. There are big screens in the bar area as live sports are a strong feature of the pub. The lounge area is used for dining and provides up to 80 covers.There is a grassed area to the front of the pub where external drinking / dining can take place.

PRIVATE ACCOMMODATION

The private accommodation consists of 3 bedrooms, a lounge, kitchen and bathroom.

If you want to be part of the local community then this is the pub for you. Right in the middle of Great Lumley, just outside Durham, this is the only pub in the village!

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