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COMMUNITY SITE

Mill Tavern

Mill Lane, Hebburn, Tyne and Wear, NE31 2EU

Ingoing Cost: £15,923
Annual Rent: £38,321

Features
Trading style
Key financials

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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 Mill Tavern is located in the town of Hebburn, close to Newcastle Upon Tyne. The pub is surrounded by residential housing. The pub benefits from being one of 2two pubs found in an area of around 3,000 adults. The customer base is made up of mature couples and homeowners.

Trading Area & Facilities:

Large trading area with horseshoe bar
80 internal covers
30 external covers
Catering kitchen
SmartDispense
Beer Garden
Car park

The private accommodation consists of three bedrooms, a living room, a kitchen, and a bathroom. Where required there will be appropriate works carried out in line with the landlords ready to trade promise.

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Catering Kitchen

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Team Games

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Pool Area

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Live Entertainment

Trading style

The site currently has the ability to drive trade via live entertainment, live sports, and a selection of pub games, such as pool, and darts. It offers a selection of a pub classic menu, a popular carvery, and popular beers, ciders, wines, and spirits.

Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you.

Understanding of the local community
Understanding of how to build a successful business
Ability to engage with customers from behind the bar

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

Reference Number: 8M9JTW / 2303296101
Agreement Type: Tenancy

Min Ingoing Cost: £15,923.00
Annual Rent: £38,321.00

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 £38,321
Estimated Annual Turnover £635,041
Deposit £9,580
Estimated Fixtures & Fittings Value £56,430
Estimated Stock Valuation £9,230
Estimated Working Capital £3,500

Estimated Total Ingoing Costs £78,740
Estimated Minimum Ingoing Costs £15,923

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.

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MISREPRESENTATION ACT 1967

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