If you are looking to lease a pub in Peterlee, The Royal George is available !
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Lease A Pub In Peterlee – The Royal George Is Available !
The Royal George is located in the small village of Old Shotton on the outskirts of Peterlee Town near to the AI9 main road.
The Royal George Peterlee.
Key Information.
View Pub on Map See Street View of Pub.
Pub Style: Restaurant
• Established Food Led business
• Located within easy access of the A19
• Good Cask following – The Good Beer Guide
• Well-appointed Meeting and Private Rooms available
Looking for more pub leasing opportunities in the North East? Check out all our current pubs available to let on the Pubs to Let – North East page.
Location:
The Royal George is located in the small village of Old Shotton on the outskirts of Peterlee Town near to the AI9 main road.
The Property:
The Royal George is a detached building with 2 main trading areas. A small Bar area which serves both the community and diners for pre and post dinner drinks as well as the main large restaurant. Upstairs is 2 medium sized meeting / dining rooms that are perfect for private events. To the RH side of the pub is a small beer garden.
The trading areas are in good condition but would benefit from a retail offering freshen up.
Living Accommodation:
N/A
The Business:
This fantastic mid-market pub food led opportunity operates as an established venue that can demonstrate trade at over £15k per week. Historically the pub sold a good range of Cask Ales from local brewers. This should be part of the business plan to re enthuse local drinkers that like their real ales.
This superb opportunity of a Public House as stated is an established community venue and is currently trading exceptionally at over £9k pw Gross. Annual volume is over 350 barrels with a strong c50 barrels real ale trade. The pub has a good loyal local following. Trade as highlighted is strong but could be enhanced by the reintroduction of a food offering.
Nearby Local Pubs:
Luciano’s – Independent NE operator – Food Led relatively upmarket positioning
Black Bull – M&B sizzling brand – Value led frozen food to plate offer.
Castle Eden Inn – Stonegate Tenanted Good mid-market wet / dry mix pub that serves Castle Eden village about 1 mile away.
Trading Hours:
Monday to Saturday: 11am-11pm
Sunday: 11am-10.30pm
Benefits Include:
A barrelage discount scheme
Only tied on draught products
You will have the right to assign your pub lease after 12 months (10 year agreements only)
The rent will be in line with the company code of practice
Amusement with prize machine and pool table income are shared on a 50/50 basis
Individual modular training courses on improving your pub business
Regular business support through experienced Business Development Managers
Marketing and Promotions assistance available
Our lease agreements offer a contractual cooling off’ period to ensure the business is right for you
Find out more on our Offer to You.
The Royal George Peterlee.
Financial Information:
Rent: £36,000
Bond: £8,000
This fantastic mid-market pub food led opportunity operates as an established venue that can demonstrate trade at over £15k per week. Historically the pub sold a good range of Cask Ales from local brewers. This should be part of the business plan to re enthuse local drinkers that like their real ales.
This superb opportunity of a Public House as stated is an established community venue and is currently trading exceptionally at over £9k pw Gross. Annual volume is over 350 barrels with a strong c50 barrels real ale trade. The pub has a good loyal local following. Trade as highlighted is strong but could be enhanced by the reintroduction of a food offering.
