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Beer Garden
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External Drinking Area
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Coastal
Property details
Take the reins of the Townhouse, a modern, brick town centre bar in a prominent location in the middle of a lively North Tyneside seaside town.
Inside the Townhouse, you’ll discover seating for around 100 people, plus lots of standing room, and the décor is of a fashionable and contemporary distinctive style. (fully refurbished trading areas in April 2022.) The bar boasts an impressive selection of drinks, from well-kept real ales and craft beers to premium spirits, fine wines, and expertly crafted cocktails. There’s something for every palate, making it an ideal spot for a quiet pint or a night out with friends.
For those seeking entertainment, the Townhouse often hosts live music and sports on its many TV screens throughout the venue. Guests also enjoy weekend discos and special events that add to the pub’s lively appeal. You’ll also capitalise on the fantastic function room that holds around 65 people, ideal for hiring out for parties and special events.
At the back, you’ll find a fully enclosed, partially covered beer garden with seating for 30+ people. Imagine the cracking events you could organise at this pub to drive new footfall!
The private accommodation details are to be confirmed.
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
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Experienced Operator
Trading style
This pub lends itself perfectly to an outgoing host. You’ll maximise the stage and accompanying dancefloor area for discos and live music. You’ll also set up local teams to take full advantage of the games area to one side with pool, darts, pinball, and AWPs.
The landlords are looking for a talented and experienced publican with energy and vision.
You’ll be a people-person who loves hosting live events and sports, is the life and soul of the pub and you’ll know each regular by name, what they like to drink, and where they sit.
You’ll also bring your pub to life on social media and give guests plenty of new reasons to visit your establishment.
Key financials
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Reference Number:
9MTS0A / 326074
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,125.00
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Annual Rent:
£27,000.00
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.
financial information:
- Deposit = £6,750
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures & Fittings Weekly Rent = £150
- Working Capital = £6,000 - £8,000
Business Information:
- Annual Rent = £27,000
- Forecasted Annual Wet Turnover = £535,289
- Forecasted Annual Other Turnover = £6,552
- Agreement = Flexible Tenancy