Pubs On The Market v2.0

Killingworth Arms Killingworth

North East

Killingworth Village, Newcastle upon Tyne, Tyne And Wear NE12 6BL, UK

The Killingworth Arms is situated in Killingworth Village northeast of Newcastle upon Tyne. The pub is situated in an area with plenty of high-quality housing, near the main road with rail links to Newcastle Upon Tyne. The pub is very well established for its food and drink and is utilised by both locals and drive to customers. The internal trading area comprises two rooms and a conservatory and is well-maintained and decorated throughout, creating a lovely atmosphere for drinking and dining. The bar servery hosts cask ales and international beer brands, with plenty of room for merchandising. Furthermore, Killingworth Arms has a restaurant within the conservatory which is appointed to a high standard and can hold up to 50 covers. The trade kitchen is behind the bar and is well-equipped and compliant to food hygiene standards, ideal for developing a food offer. There is a children’s play area and a car park to the side of the pub which can hold up to 16 vehicles, with on street parking also available with a garden that has potential for further development. This pub offers a three-bedroom accommodation with a lounge and kitchen, ideal for a family.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Gallery

Everything about the Pub

The Killingworth Arms has a very large catchment area as it is situated in a large urban area of north Tyneside. There is a sizeable commercial centre, with bus links to the rest of Tyne and Wear and is served by Palmersville Metro station. The pub is located not far from the centre of the town, and the A19 runs past nearby.

Private Accomodation

Maintained and decorated to a good standrard

Agreement Fee: £750.00

Cash Float: £4,000.00

Fixtures & Fittings: £26,000.00

Forecast Turnover: £401,650.80

Full Deposit: £6,750.00

Full Tie Release: £0.00

Guide Rent: £27,000.00

Initial Deposit: £0.00

Repair Fund: £2,000.00

Stock & Glassware: £5,000.00

Working Capital: £24,000.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £183,781.13

Forecast Other Turnover: £0.00

Forecast Wet Turnover: £217,869.67

Additional Info

Ingoing Cost: £24,000.00
Annual Cost: £27,000.00

Agreement Type: Retail Partnership Tenancy

A local, experienced, and hands-on food and drink operator is required to further develop a well-established mid-market pub. The site offers three trading areas including a conservatory and beer garden to further boost trade. The pub is ready to trade upon the new tenant completing the tenancy agreement.

Contact

Contact The Love Your Pub Team:

Contact number: 01329 227488

Contact email address: info@loveyourpub.co.uk

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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.