Greyhound Hedworth
North East
Hedworth Lane, Jarrow, Tyne And Wear NE32 4EE, UK
The Greyhound is a large traditional community pub located in the Hedworth area of Jarrow circa six miles south west of central South Shields. The pub offers a bar with a separate games area for pool and darts, a lounge area and separate function room which are all decorated in a traditional style. The pub does not currently offer food but has a small but adequate catering kitchen with all the equipment necessary to support the type of food offer that is thought likely to be successful. Externally, the pub has a large car park to the front and a large enclosed grassed beer garden to the rear, which can also be accessed from the bar and function room. The pub has a big screen, to showcase football and sporting events and also plays host to pool and darts teams and has a popular quiz night.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The Greyhound is located in a fantastic residential area approximately six miles South West of central South Shields. Situated on a prominent position overlooking a large well-kept grassed area in the centre of Hedworth, a short distance from Jarrow town centre. There is a small local shopping area nearby and the pub has good transport links being on a bus route and not far from the Fellgate Metro station.
Private Accomodation
Located next to the pub on the ground and first floor, the private accommodation offers a well decorated family living space in a good state of repair and consists of three-bedrooms.
Agreement Fee: £0.00
Cash Float: £0.00
Fixtures & Fittings: £13,375.00
Forecast Turnover: £409,207.46
Full Deposit: £6,750.00
Full Tie Release: £33,500.00
Guide Rent: £27,000.00
Initial Deposit: £0.00
Repair Fund: £2,500.00
Stock & Glassware: £0.00
Working Capital: £18,875.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £31,167.35
Forecast Other Turnover: £10,908.57
Forecast Wet Turnover: £367,131.53
Additional Info
Ingoing Cost: £18,875.00
Annual Cost: £27,000.00
Agreement Type: Retail Partnership Tenancy
The Greyhound offers a fantastic opportunity to the right publican. This is an excellent pub which needs a genial host/hostess to develop the existing offer and explore other profit opportunities. The Greyhound would suit an operator with some pub experience and catering skills, although practical training can be given to fill any gaps. It is a traditional community pub and the newly appointed publican will need to get involved with the sports teams and the local community in order to take this pub to the next level. The development of an appropriate food offer, the separate function room and the excellent beer garden, all add to the potential for developing this business in the longer term.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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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.