If you are looking to lease a pub in Billingham, The Swan is available !
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Lease A Pub In Billingham – The Swan Is Available !
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.
Private Accommodation
The 1st floor living accommodation is perfect for a family, comprising three bedrooms, a lounge, kitchen and bathroom, all in good condition.
Agreement Fee: £750.00
Cash Float: £5,000.00
Fixtures & Fittings: £30,000.00
Forecast Turnover: £503,445.72
Full Deposit: £6,250.00
Full Tie Release: £37,750.00
Guide Rent: £25,000.00
Initial Deposit: £0.00
Repair Fund: £3,000.00
Stock & Glassware: £6,000.00
Working Capital: £37,000.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £139,182.56
Forecast Other Turnover: £5,262.05
Forecast Wet Turnover: £359,001.11
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.
