Pub Tenancy In Darlington – The Salvos Is Now Available !

 

Are you looking for pub tenancy in the Darlington area ? Why not run The Salvos as this is now available !

Here at Love Your Pub we know about all the best pubs that are becoming available and The Salvos is Now Available via Love Your Pub!

For more information about this venue and how you can take the next step in your hospitality career click the link below.

Make an Enquiry

Pub Tenancy In Darlington - The Salvos Is Now Available !

Pub Tenancy In Darlington – The Salvos Is Now Available !

Overview of The Salvos Darlington

Salvo’s is an excellent and well-kept property situated in Darlington that offers a lovely frontage on a busy throughfare with excellent passing trade. Previously operated as a successful Italian restaurant, there is a great opportunity here to establish the business as a wet-led pub to facilitate more demand. The property offers a stylish bar area providing adequate space for an easy to run operation with plenty of covers for eating and drinking. There are also great kitchen facilities if the new publican decided to implement a food offer. Salvo’s would suit either an experienced restaurateur or an operator looking to bring something new and exciting to the area. A good understanding of the local market would be advantageous.

Indoor trading area

Salvo’s currently operates in a stylish single trading room which is serviced by a vibrant single bar servery. There is a combination of fixed and loose furniture alongside a row of booth style seating which is all in excellent condition and offers a variety of options for the customer. Modern wooden flooring and tiles around the bar compliment the operation.

Outdoor trading area

The pub is situated on a main road and is double fronted making it eye catching on the street. Due to its high street location, there is no external trading area.

Your living accommodation

The private accommodation is a cosy two-bedroom flat which has a private entrance and comprises of a kitchen, bathroom and separate shower. There is also a well-lit double windowed sitting room which faces onto the street.

Surrounding area

Salvo’s is situated on a very active high street near to the centre of Darlington. There is huge potential for passing trade with Duke Street occupied with other businesses including restaurants, shops and other licensed operations nearby. Despite there being no private car park, there is adequate council parking located nearby for customers to use.

Local competition

  • Frankies,Duke Street, Darlington, DL3 7RX (0 mi)
  • Tanners Hall,Skinnergate, Darlington, DL3 7LL (0.1 mi)
  • Turks Head Inn,Bondgate, Darlington, DL3 7JG (0.1 mi)
  • Yates’s,Skinnergate, Darlington, DL3 7NR (0.1 mi)
  • Slaters Arms,Bondgate, Darlington, DL3 7JJ (0.1 mi)
Pub Tenancy In Darlington - The Salvos Is Now Available !

Pub Tenancy In Darlington – The Salvos Is Now Available !

The Salvos Darlington

Potential Turnover

£302,000.00 per annum

This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.

Partnership Terms

Guide Rent: £20,500.00 per annum, payable weekly in advance.

Based on discount scheme PARTNERSHIP BAND H

The proposed agreement: Retail Partnership Tenancy

(Key terms available online here) however we are prepared to discuss other Partnership agreements.

We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.

Estimated Capital start-up

£8,100.00 (excl VAT)

Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £20,500.00), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.

In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.

Estimated fixtures & fitting value

£20,000 (excl VAT)

To be discussed with the Regional Manager.

Rateable Value

£22,500

Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.

For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search

To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on

03333 20 00 36

moc.clppuorgieobfsctd@seiriuqne

Pub Tenancy In Darlington - The Salvos Is Now Available !

The Salvos Darlington

Regional Manager’s thoughts on the Salvo’s

Salvos has been trading very successfully as an Italian restaurant for a number of years, there is however the opportunity to redevelop the business back into a wet led operation to facilitate more trading opportunities. The pub is in excellent condition and offers the new publican a variety of operations. I am now looking for an experienced restauranteur or an operator looking to bring something new and exciting to the area.

Ian, Regional Manager

 

Make an Enquiry

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T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

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