The Killingworth Arms is a traditional pub and carvery located in Killingworth Village, North East of Newcastle upon Tyne. Known for its excellent food, superb carveries, and refreshing drinks, it has become a favourite among both locals and visitors.
The pub offers an extensive menu featuring traditional pub favourites and a renowned carvery, available seven days a week together with a great choice of beers, wines and spirits.
The interior includes two rooms a conservatory restaurant that can accommodate up to 50 diners and a catering kitchen.
There is a car park with space for up to 16 vehicles, along with additional on-street parking.
There is also a separate beer garden leading from the conservatory.
There is also private accommodation for the publican, including a three-bedroom space with a lounge and kitchen, making it ideal for a family.
Forecast Turnover: £413,915.74
Year 1 Rent: £0.00
Guide Rent: £27,500.00
Initial Deposit: £0.00
Full Deposit: £6,875.00
Full Tie Release: £32,250.00
Agreement Fee: £775.00
Repair Fund: £2,000.00
Fixtures & Fittings: £12,000.00
Working Capital: £18,000.00
Stock & Glassware: £5,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £269,037.21
Forecast Dry Turnover: £144,878.53
Forecast Other Turnover: £0.00
This is a fantastic well-established community pub in the heart of Killingworth Village.
The ideal operator would embrace The Killingworth Arms’ dual role as a traditional, community-centred pub and a destination for excellent food. They would bring the perfect mix of tradition and innovation, ensuring it remains a beloved staple of the village while also drawing new visitors.
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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
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MISREPRESENTATION ACT 1967
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