Pubs for sale in North Shields

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I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Leasehold Price: £50,000 Price Reduced Annual Turnover: £176,800
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Business Description
• Well established and extremely popular leasehold pub
• Turnover in excess of £3,400pw, excellent potential to increase profits
• Locally supported pub, enviable trading position
• 5 bedroom owner’s accommodation, retirement sale, viewing recommended

*OFFERS OVER*Well established and extremely popular leasehold pub with an enviable trading position within the centre of North Shields. Turnover in excess of £3,400pw with excellent potential to increase profit and expand the business. 44767

The business has been under our client’s careful ownership for over 15 years and has established an enviable reputation. The business is situated in North Shields near to Newcastle. North Shields is a town on the north bank of the River Tyne, in the metropolitan borough of North Tyneside, Tyne and Wear in North East England. Historically part of Northumberland, it is located eight miles North East of Newcastle upon Tyne.

The business boasts an enviable customer base and is not only supported locally, but also by passing trade due to its location in the centre of North Shields. Although the business is trading successfully with an annual turnover in excess of £175,000, there is still huge potential to increase revenue with the introduction of food during the week, or letting the bedrooms. The business does provide a Sunday lunch and serves on average 85 Sunday lunches per week.

The owner’s accommodation is located on the upper floor.

The Bell & Bucket provides a warm and friendly environment to customers in comfortable surroundings and presents buyers with an excellent opportunity to purchase a profitable business.

Summary. The sale of The Bell & Bucket presents an excellent opportunity for a lifestyle business located in the North of England. Only now being offered for sale due to the vendors wish to retire, a viewing is recommended.
Tenure: Leasehold

Listed by: Kings Business Transfer
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