Run Your Own Pub Business at The Grey Horse, Whitburn - Tenancy Opportunity
Tenancy Opportunity - Grey Horse
If you have big plans, can see the big picture and want a big pub, the Grey Horse in Whitburn, Sunderland is a big opportunity!
This pub is currently trading at the value end of the market but sits in the affluent village of Whitburn. As such there is a great opportunity to bring it up to a mainstream or premium offer and increase footfall from local residents looking for something bigger and better.
Entry cost from: £27,525
Annual rent: £7,600 per annum
Agreement: Tenancy - Foundation (core)
Forecasted operator machine profit - £1,712
Forecasted Operator profit (including machine profit) - £11,060
Forecasted Operator Turnover: £142,431
Average Beer & Cider Discount*: Blended £180 * dependent on sales mix
Type of Tie: Partial tie: Tied All Beer, All Cider & Minerals
As well as local residents Whitburn also attracts some tourism with the Grey Horse just a short walk from the beach, and the world famous Sunderland International Air Show attracting visitors to the area
CURRENT PREMISES LICENCE OPENING HOURS
Sunday to Saturday 10:00 to 00:30
As you might have gathered it’s a big building, located on the main road through Whitburn and can’t be missed. As well as being in a prime location the internal and external areas of the pub offer huge scope for investment and increasing trade. Currently there are 75 food covers, but with the existing large trade kitchen and the right operator this could be increased to around 100 covers. There is also a function room that provides many possibilities for diversifying the current offer and taking this pub to the next level.
The accommodation is in good condition and comprises 4 bedrooms, a
kitchen living and dining room, with 2 bathrooms.
You will need to estimate the turnover you expect to achieve from the
pub, with regard to food and accommodation (if applicable). Barrelage
figures are given to assist you with calculations.
Calculators to help you are available on the business planning section
of our website.
WHY CHOOSE US?
By choosing Greene King, you’ll be joining one of the Uk’s most successful and respected leased and tenanted pub companies. With a heritage of
running pubs and brewing beer that can be traced back over 200 years, at Greene King we’re proud of our history and confident that, as the
country’s leading pub retailer and brewer, we can help make your pub the success it deserves to be.
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