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LOW ENTRY COSTS

Red House Farm

Hepscott Drive, Whitley Bay, Tyne and Wear, NE25 9XJ

Ingoing Cost: £6,000
Annual Rent: £35,000

Features
Trading style
Key financials

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Beer Garden

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External Drinking Area

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Restaurant/Dining

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Coastal

Property details

The Red House Farm is located in one of the more affluent areas of Whitley Bay. It is about one mile from the centre of the Town (a similar distance from the coast). Many people chose to live in the area as a quality location but were able to commute into Newcastle City Centre for work. The Whitley Bay coast is popular with day trippers and tourists alike who enjoy the coast and its amenities.

The pub is a large one-room open-plan bar and restaurant. Recently refurbished to an impressively high standard the pub is ideal for dining, sports viewing, and pub sports. In truth a great social space.

The private accommodation is in good condition. The flat offers 3 bedrooms, a living room, kitchen and bathroom facility.

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Catering Kitchen

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Live Sports

Trading style

The pub occupies a prime location on the housing estate. It is set here to be the hub of the local community.

The current operation is based around a tapas food offer and an attractive beer range. Turnover is behind the pubs potential mainly owing to some challenging staffing issues in the kitchen. Moving forward the pub requires a strong food offer perhaps with a point of difference ensuring that the pub is attractive to not only nearby residents but becomes a must-visit when in Whitley Bay

Key financials

Reference Number: 9FJDJ2 / 3069
Agreement Type: Lease / Tenancy

Min Ingoing Cost: £6,000.00
Annual Rent: £35,000.00

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: £35,000
Deposit: £6,000

ONLY TIED ON DRAUGHT PRODUCTS.

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 the 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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MISREPRESENTATION ACT 1967

FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.

The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.