End Terrace, Hexham NE46 3DB
The Fox is on the periphery of Hexham town centre on a busy through road.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
DESCRIPTION The Fox is on the periphery of Hexham town centre on a busy through road. the pub serves its direct local community with plentiful chimney pots in the immediate vicinity. Hexham is a reasonably affluent area, with well known, premium high street names such as Waitrose, M&S Food and Majestic Wines, all doing good business within the town. Most people locally are in employment and either work in Hexham or commute to the large commercial centres of Gateshead and Newcastle. Pub Layout The pub is a one room traditional wet led operation. The room essentially is split in to two, firstly the main bar houses seating to the right and a pool table to the left. Moving from the front door to the left of the pub is a loose and fixed seating area that is mainly used to facilitate live music. Externally, to the front of the pub is a quaint benched area that is mainly used for smokers and is a small, well appointed yard to the rear, however in the sunny months the pub benefits from these spaces for additional seating.
TRADING STYLE The Fox exists as a wet only venue that retail drivers are as follows: weekend evenings and Sunday afternoons the pub promotes a popular live music agenda. The week trade is strongly supported by pool and darts teams along with the loyal locals. There are also televisions located throughout the pub showing live sporting events.
ACCOMMODATION Private Accommodation The private accommodation is located on the first floor of the pub and is in reasonable condition. This comprises of three bedrooms, kitchen, living room and a bathroom.
Annual Rent: £16,500 Security Deposit:
£5,000 Working Capital:
£3,000 Fixtures and Fittings: Upon Valuation – funding options available for the right licensee. Tie:
All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee. Training: £250 plus VAT.
Our current tenant has operated the pub for 10 years and the previous operator was 16 years as landlord. As a result the Fox is a good solid business that makes the operator good returns and consequently rarely comes to market. Clearly this pub is very popular with live music and has a strong pool and darts team following. Moving forward I am looking for someone with strong marketing and advertising skills who will be able to tap in to the local market on social media. The ability to promote the pub to maximise all trading sessions will be crucial. A great licensee for the Fox will aspire to make the pub the ultimate community asset. The pub needs to become the first port of call when locals are looking to celebrate key annual events, such as Christmas, New Year, Halloween etc. Whilst these are the key times where people look to go to the pub, a successful licensee will schedule relevant events to keep footfall coming to the venue all year round.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.