Run a Star Pub

Pub OverviewA major refurbishment for this lively community pub.The Area:The pub benefits from being one of five pubs found in an area of around 3,968 adults. The Dr Syntax customer base is made up of young, midlife and mature adults. Located in Prudhoe, a Northumberland town with strong local footfall and minimal direct competition, the pub is ideally placed to become the hub of the community.The Offer:The Dr Syntax is available on our investment tenancy agreement. The Dr Syntax is set to reclaim its place at the heart of the town with a full ground-floor refurbishment, a sports zone, upgraded kitchen, and new décor and signage.We’re always open to new ideas, what would you do to drive trade?The right operator for the Dr Syntax will have extensive experience in running hospitality businesses. They will have a clear vision for their food, drink and entertainment offer and can create a memorable experience for their customers.FeaturesInvestment TenancyRefurbishment PlannedCatering KitchenLive SportsPub GamesCar ParkOutdoor TradePrivate AccommodationTrading Area & FacilitiesMain trading area with barSeparate dining roomApproximately 60 internal coversApproximately 20 external coversCommercial kitchenFunction roomHEINEKEN SmartDispenseLarge garden with refreshed seating and décorCar park with approximately 15 spacesApplicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.Private AccommodationPrivate accommodation consists of two bedrooms, a living room, kitchen, and a bathroom.Pub FinancialsEstimated Total Ingoing Costs: £38,401Estimated Minimum Ingoing Costs: £38,401Annual Rent: £23,604Estimated Annual Turnover: £435,684Deposit: £5,901Estimated Fixtures & Fittings Value: £25,000Estimated Stock Valuation: £4,000Estimated Working Capital: £3,500DownloadsDemographics ReportEnergy Performance CertificateRefurbishment Details #J-18808-Ljbffr