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Run a Stonegate Pub
4 weeks ago
The Swan is a large roadside public house located on the busy main road in Billingham. The Swan was built in the 1940s and has always been at the heart of the community. This well-established pub caters for both locals and large functions. The pub side of the business would benefit from a great live sport offer and also by offering a small bar menu alongside the existing Sunday lunch trade. Over 230,000 people live within 15 minutes of the Swan, therefore it boasts a very large catchment area.
Business Information
Agreement: Fixed Term Tenancy
Capital Startup: Est. £37000
Fixtures / Fittings: Est. £30000
Guide Rent: £25000 pa
Potential Turnover: £512149 pa
Regional Manager's Thoughts
The function room is a real asset to this pub, with capacity for up to 200+ customers. Currently used for a variety of events including weddings, historically holding its own marriage venue licence.
Surrounding Area
The pub is surrounded by a large area of private housing and ex council houses which are now privately owned and is well served by a local shopping precinct. There has been a development of a new theatre and local swimming baths.
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