Pubs for sale in Sunderland

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Pub - Tyne and Wear

Sunderland, Tyne and Wear, England

  • Leasehold Price: £220,000  Price Reduced arrow_drop_down
  • Annual Turnover: £750,000
Seller Reference: KBT47768
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Business Description
 
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Seller Reference: KBT47768
Request Details
Business Description
• Successful public house in a prime location
• 3 Bed owner's accommodation
• £750k turnover per annum
• £500k recently spent on refurbishment

Ref 47768 This Public house is in prime location with over 200 covers in the busy restaurant and a turnover of £750k pa with a 3 bed owners accommodation included in the very attractive leasehold business.

This extremely busy Restaurant and Bar is ideally located for travellers with over 200 covers, parking for up to 50 cars and an outside decked beer garden, which also gets used for outside entertainment in the summer months as well as al fresco dining.

This is a very busy restaurant serving an excellent choice of pub food, including steaks, traditional favourites and vegetarian meals. Being in a very populated area, evening entertainment is a regular occurrence and with a new large housing development and a new retail park being built less than 500 yards away would give the new owners great potential to increase the already impressive turnover of £750k.

No need to buy a house when included in the lease is a spacious 3-bedroom apartment with separate entrance and access to a private veranda directly above this detached business.

Opportunities like this one don’t come around very often and only due to retirement is this perfect Bar and Restaurant, in amazing move in condition, being made available.

Summary. Kings Business Transfer are really pleased to bring this real turnkey business to market, having already had £500k spent on refurbishment, and with the local footfall increasing with new developments, we highly recommend an early viewing to avoid disappointment.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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