If you are looking to let a pub in Guisborough, you could run Highcliff!
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Let A Pub In Guisborough – Run Highcliff !
The Highcliffe is located within a large sub-urban housing estate within a short travelling distance of the market town of Guisborough. The site is situated in a mid-market demographic with a mixture of privately owned and rented housing it is a popular venue during the week and weekends and has a large target customer base that use it for relaxed eating and social drinking purposes. There are two raised sections, the first hosts traditional pub games and includes a pool table and darts board as well as some TV screens for showing live sports. The second section is used as a dining area however the table plan throughout the pub is relaxed for both dining and drinking purposes which creates a comfortable community atmosphere that is enjoyed by the locals. There is also a large, well-equipped catering kitchen that is capable of supporting a quality traditional food offer. To the rear of the pub is a small patio area set out with several picnic benches and a dedicated children’s play area, making this an excellent space for families. This is a pleasant space that overlooks a large community field that is used by the locals for various leisure activities including football games for the local league.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Guisborough is a market town with excellent transport connections to the nearby towns of Middlesborough and Stockton-On-Tees. The Highcliffe is surrounded by two well-populated housing estates and several amenities including two schools and a range of shops. The pub itself is within a five-minute drive of the town centre and is in an ideal location for the locals.
Private Accomodation
The Private Living area is decorated to a good standard and is of a large and spacious style , it is found directly above the trading areas of the business and has its own private access to the rear of the premises here.
Agreement Fee: £750.00
Cash Float: £1,500.00
Fixtures & Fittings: £20,000.00
Forecast Turnover: £547,651.44
Full Deposit: £8,750.00
Full Tie Release: £0.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Repair Fund: £2,000.00
Stock & Glassware: £5,000.00
Working Capital: £31,100.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £207,125.10
Forecast Other Turnover: £0.00
Forecast Wet Turnover: £340,526.34
Additional Info
Ingoing Cost: £31,100.00
Annual Cost: £35,000.00
Agreement Type: Retail Partnership Tenancy
The current customer base is varied and includes locals, families and nearby workers as it has the features to attract a varied crowd with pub games, live music, a good drinks trade and traditional pub menu. With an already steady stream of custom, the Highcliffe offers an excellent opportunity for an experienced publican to build upon this with tactical weekly entertainment and live sports screenings. Enthusiasm and the ability to establish themselves within the community is necessary for the prospective publican.
