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Percy Arms, Marston's - Chatton

Price:
Leasehold - £20,000
Seller Ref:
1203
Location:

Northumberland , Chatton

Business Type:

Pubs

See Other:
Public houses for sale in Northumberland
Pubs for sale in Northumberland
Pubs for sale in Northumberland
Description:
THE BUSINESS:
Idyillic village location in rural Northumberland

The pub benefits from local and tourist support

Easy access to A1 road link running from Newcastle to Edinburgh

Scope to develop the current food

Available on our 3 to 5 year Pathway Agreement with a rent of £22,000 per annum, with a £60 per barrel off invoice discount. A sepped rent of £15,000 per annum for the first year is availble to give the future operator the best possible start to their business. Seasonal rent may be available to assist with cash flow during low season.

This is a well established hotel and occupies a prominent position in the picturesque village of Chatton, Northumberland. It comprises a large ‘L’ shaped bar with open fire, thirty cover dining room and eight letting bedrooms.

The Percy comprises of an ‘L’ shaped bar complete with open fire. The thirty cover dinning room with wooden panelled walls is in keeping with the tradition of this country pub hotel. There re eight letting bedrooms all of which are ensuite comprising of one twin, three single, two family and two double.

There is currently no private accommodation; however there is a function room which would lend itself ideally to conversion.

The pub currently attracts a mix of local and tourist clientele, the bar enjoys good local support and accommodation is from tourists and walkers enjoying the Northumberland Coast and National Park. Diners are a mix of both local and tourist trade. There is potential to further develop the food trade, in particular a carvery.

The Percy occupies prime site on the main road through the village of Chatton, it is a picturesque rural setting with easy access to the A1. There are easy links to Bamburgh Castle, Seahouses, The Farne Islands and numerous golf courses in the locality.

This establishment lends itself ideally to an energetic couple with a hands on approach and experience in the hospitality industry. It will suit someone with catering experience capable of developing a food menu and also keen to fit in with rural community life
Lease Terms:
http://www.marstonspubcompany.co.uk/RunYourOwnPub/PathwayTenancy.aspx
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