The Barley Mow is a roadside community pub situated in Birtley, just two miles from the market town of Chester-le-Street. The main source of trade is from the locals who enjoy the refreshing beer, the good quality food offer and pub games. The pub currently operates in a L-shaped lounge bar with darts and TV screens available for sports viewing and a separate dining room with 40 covers. Additionally, there is a well sized trade kitchen onsite capable of producing a good quality food menu. The Barley also boasts a well-kept enclosed beer garden, at the side of the pub which is ideal for families and or for a quiet drink in the summer.
Forecast Turnover: £418,988.37
Year 1 Rent: £0.00
Guide Rent: £22,000.00
Initial Deposit: £0.00
Full Deposit: £5,500.00
Full Tie Release: £32,750.00
Agreement Fee: £775.00
Repair Fund: £3,000.00
Fixtures & Fittings: £10,358.00
Working Capital: £15,858.00
Stock & Glassware: £3,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £280,550.77
Forecast Dry Turnover: £138,437.60
Forecast Other Turnover: £0.00
The Barley Mow is right at the heart of the community with strong wet sales forming the base from which to grow and develop a good food offer. The pub would suit either someone new to the trade or an experienced publican, however an understanding of the needs of the local marketplace and the forecast to build food sales are of paramount importance. The successful applicant will enjoy unprecedented additional support from myself.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
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MISREPRESENTATION ACT 1967
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