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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 Saltwater Tavern is situated in the heart of North Shields Fish Quay. The pub is surrounded by shops, food, retail outlets, and mixed housing. The pub benefits from being one of 10 pubs found in an area of around 3,000 adults. The customer base is made up of homeowners, flat sharers, and families.
Trading Area & Facilities:
- Main trading area with bar
- Catering kitchen that is currently closed off to customers, however the panels can be removed to reveal an open kitchen depending upon the style of operation. Please note catering equipment would need to be sourced & funded by the prospective tenant. Current equipment includes Extraction & Walk-In Chiller.
- Additional kitchen preparation room with walk-in chiller
- Smart Dispense
- Outdoor trading area
- Car park with four car parking spaces belonging to the business
The private accommodation consists of two bedrooms, a living room, a kitchen, a bathroom, and an office. Where required there will be appropriate works carried out in line with the landlords ready-to-trade promise.
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Catering Kitchen
Trading style
The potential of this pub lies in developing a strong food and drink offer. The site currently can drive trade for live entertainment, cask ales, popular beers, ciders, wines, and spirits. A classic pub menu would be the perfect addition to the offer.
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 destination food outlet hospitality business. They will have a clear vision for their food and drinks menu, and marketing strategy 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 / 0070410101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,335.00
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Annual Rent:
£22,027.00
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 £22,027
Estimated Annual Turnover £322,444
Deposit £5,506
Estimated Fixtures & Fittings Value £22,660
Estimated Stock Valuation £6,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £37,666
Estimated Minimum Ingoing Costs £11,335
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.