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Public House and Restaurant in Stanley Co. Durham

Price:
Leasehold - £49,999
Turnover:
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Seller Ref:
2654
Location:

County Durham, Stanley

Business Type:

Food Service Businesses, Pubs

See Other:
Restaurants for sale in County Durham
Public houses for sale in County Durham
Food service businesses for sale in County Durham
Pubs for sale in County Durham
Description:
THE BUSINESS:
Preferred Commercial is delighted to offer for sale this thriving traditional public house and restaurant, which was established in 1840 and which has been in our client's careful hand since 1999. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days week and generates a turnover in the region of £520,000 per annum with a gross profit of 64% and a wet/dry split 50/50. Blue Bell Inn offers an extensive range of high quality food, ale, fine wines and spirits, along with hosting functions and weddings. The bar and restaurant are furnished mainly with Robert Thompson, english oak, hand crafted, Mouseman furniture with its distinctive 'Mouse' logo. The business is high rated by its customers and enjoys much repeat trade. The pub hosts a variety of events including a quiz night, bingo night and karaoke night. We feel the turnover could be increased by embarking on a modest marketing campaign and perhaps establishing community sports teams. There is a website in place advertising the business and food and drink available. The premises boast 3-bedroom self-contained owners' accommodation with lounge, kitchen and bathroom. This is an ideal opportunity to acquire an already thriving public house with an enviable reputation. Viewing is essential to fully appreciate.
Location Details:
Blue Bell Inn occupies substantial 2-storey detached premises, ideally located in a sought after area on the outskirts of Stanley, County Durham. The premises boast ample private parking and are surrounded by numerous residential properties. The pub is situated close to a number of amenities including a primary school and secondary school, ensuring much passing trade. The business boasts easy access to the A-road network and there are regular buses running to Newcastle. Stanley is a rural town surrounded by picturesque countryside. The town is famous for being the home of Beamish Museum and is a desirable place in which to live. The A1(M) is approximately 6 miles to the east, while Newcastle lies 8 miles away.
Lease Terms:
Original length: 25 years Remaining: 18 years Review: every 5 years Rent: TBA
Trading Hours:
Mon - Sun: 11:00am to 11:00pm
Accommodation:
Substantial 2-storey detached public house premises with 3-bedroom owners' accommodation. Briefly comprising: Ground Floor • Lounge with feature wood burning fire, tables and chairs, bar with 15 points of dispense, refrigerator and optics display • Ladies and gents WCs with wash hand basins • Dining area split over two levels with log burning stove, table and chairs for up to 130 covers and conservatory area • Commercial kitchen with 2 x 6-burner hobs and ovens, 4 x fryers, microwave ovens, dishwasher, preparation area, sink, 9 x fridge-freezers and commercial coffee machine • Staff room • Beer cellar First Floor • Owners' accommodation with 3 x double bedrooms, large lounge, kitchen and bathroom External • Seating area to the front • Large car park to the side with space for up to 50 vehicles • Children's play area • Paddock which is currently unused
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