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Beer Garden
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External Drinking Area
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Car Park
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Restaurant/Dining
Property details
The Grey Horse is located in Penshaw Village, surrounded by mixed housing and close proximity to Washington, Houghton-le-Spring, and local amenities. The pub benefits from being the only pub found in an area of around 4,000 adults. The customer base is made up of the elderly, families, and mature workers.
Internally the pub has a main trading area with a bar, a separate dining room, smartdispense, and a catering kitchen.
Externally there is a trade area and a car park.
The private accommodation details are to be confirmed.
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Catering Kitchen
Trading style
The site currently has the ability to drive trade via live entertainment and live sports. It offers a selection of popular beers, ciders, wines, and spirits and a pub classic menu.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in a similar hospitality business. They will have a clear vision for their food and drinks menu, marketing strategy, and sports offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 2302369101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,066.00
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Annual Rent:
£26,180.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £26,180
Estimated Annual Turnover £414,209
Deposit £6,545
Estimated Fixtures & Fittings Value £9,685
Estimated Stock Valuation £5,384
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £25,114
Estimated Minimum Ingoing Costs £11,066
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.