Are you on the lookout for pubs to lease in County Durham? You could run ‘The Stag Inn’ Stockton on Tees !
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Pubs To Lease In County Durham – Run The Stag Inn Stockton On Tees !
The Stag Inn is located on Silver Street, just off the busy high street in Stockton on Tees. Surrounded by plenty of other businesses such as pubs, takeaways shops and beauty salons on the main high street parade, the Stag Inn provides a local community feel in a city centre venue. Set on the northern banks of The River Tees, this market town has an estimated population of 84,318 and forms part of the Teeside built up area which has easy accessible transport links via bus and train.
Pub Layout
The main entrance splits into two rooms to the right a bar area and a lounge area to the left. The one bar servery is directly in front of you running the length of both rooms, offering a selection of traditional and premium drinks. The bar, a snug area combining high seated booths and loose seating with TV’s adorning the walls in this recently invested property providing the perfect atmosphere for watching sport. The lounge area is a quiet and relaxed area with low level mixture of fixed and loose seating could have the potential for hosting small private events. A small seated area at the front of the pub lends itself to a beer garden providing the perfect location to watch the world go by.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Stag Inn, Stockton on Tees
The Stag Inn is a wet led, city centre locals pub that should have a focus on value drinks with well marketed drinks promotions and offers. The communal aspect of this site is the key focus and pub should be the hub of the community catering for a wide range of clientele who are accommodated through a strong sports rhythm and an interactive licensee.
Private Accommodation
This consists of three bedrooms, lounge, kitchen and bathroom all in good condition.
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £1,000
Stock: £3,000
F&F: Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 9000
Annual Cost: 0
Admiral taverns are looking for a strong licensee who has good knowledge of the local area and are willing to immerse themselves into city centre pub life. This is also an ideal site for a 1st time operator who will be the face of the business, building up a rapport with the locals and encouraging their love of sports such as racing and football. The ideal licensee will create a retail offer that attracts a range of different demographics, a great product range and excellent standards. Strong marketing will be key.
