Wheatsheaf

New York Road, New York, North Shields, Tyne and Wear, NE29 8EH

Ingoing Cost: £5,000
Annual Rent: £15,000

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

Located in the village of New York in the metropolitan county of Tyne and Wear, North East England. Approximately 4 miles from Whitley Bay, and 5 miles from the town of Tynemouth.

The Wheatsheaf is a detached building, currently a bar restaurant serving a mixture of fine dining items, interlaced with more traditional pub dishes.

Externally there is ample parking and a great outdoor patio space.

The private accommodation once refurbished will consist of three bedrooms a living room a spacious kitchen with room for a dining area and a bathroom.

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Catering Kitchen

Trading style

The Wheatsheaf is trading as a very successful food-led pub, this vacancy needs an experienced food-led operator.

Key financials

Reference Number: 9FJDJ2 / 4245
Agreement Type: Lease / Tenancy

Min Ingoing Cost: £5,000.00
Annual Rent: £15,000.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please note that the energy performance certificate is available from the landlord.

Rent: £15,000
Deposit: £5,000

A barrelage discount scheme.
Freedom from tie on wines, spirits, and soft drinks.
You will have the right to assign your pub lease after 12 months (3 or 10-year agreements).
The rent will be in line with the company code of practice.
Amusement with prize machine and pool table income are shared on a 50/50 basis.
Individual modular training courses on improving your pub business.
Regular business support through experienced Business Development Managers.
Marketing and Promotions assistance is available.
The lease agreements offer a contractual ‘cooling-off’ period to ensure the business is right for you.

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£3,000

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