Tenancy Opportunity - Sandpiper, Washington

Location
Washington, Tyne and Wear (GB)
Salary
Business Opportunity
Posted
02 Feb 2018
Closes
02 Mar 2018

Tenancy Opportunity - Sandpiper, Washington

PUB OVERVIEW

If you’re local to Washington, Tyne and Wear, and are looking for a great
opportunity, the Sandpiper is for you! Even better if you know the site already
and the village of Biddick.


We are looking for someone who knows the area well, understands the opportunity and the local market, and wants to create a profitable business for themselves.

BUSNESS INFORMATION

Entry cost from: £20,100

Annual rent: £10,200 per annum

Agreement Tenancy – Standard Tenancy

Forecasted Operator Machine Profit: £5,812

Forecasted Operator Profit (including machine profit): £10,256

Forecasted Operator Turnover: £211,176

Average Beer & Cider Discount*: £180 * dependent on sales mix

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

TRADE SPACE

Split over two areas, one being sports focused with pool table area and
the other used for dining and more recently, live entertainment.

PRIVATE ACCOMMODATION

The accommodation is located under the pub, to the rear and comprises of 3 adequately sized bedrooms, large living room and spacious kitchen/dining area.

ESTIMATING TURNOVER

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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