The Rose & Crown is located in South Shields, a coastal town in Tyne & Wear, on the south bank of the mouth of the River Tyne. This community local is located on the corner of the main road not far from the local area of shops. Surrounded by an abundance of chimney pots, with good visability on the busy main road to the coast, this site benefits from good footfall and passing trade.
Pub Layout
Upon entrance from the car park is the main bar area. The bar is a prominent fixture central to the room offering a premium array of products. To the left of the bar there is a small raised area adorned with a mixed and loose seating and two darts board. The main bar area is a mixture of high and low tables both with loose seating, walls adorned with TV's for televised sports and a pool table creating the social hub of the pub. To the right of the bar there is a separate function room with small bar and dance floor area. With a selection of fixed and loose seating and a small snug area, this can host events and meetings for approximately 50/60 people. There is a small paved area in front of the pub with fixed wooden benches used for a small outside drinking area. The pub is surrounded by a substantial car park with parking for approximately 25/30 cars.
The private accommodation is a good size for a family. There is a separate entrance leading to a living room, three bedrooms, kitchen/diner and a bathroom with separate shower and bath.
Annual Rent: £23,000 – Rent steps available
Security Deposit: £3,500
Working Capital: £5,000
Stock: £4,000
F&F: TBC – Funding options may be 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: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
This is an exciting opportunity to run a well established pub business. Admiral Taverns are looking to work with experienced operators who can multi task a food operation, function facilities and are also able to deliver the wet side of the business. An individual/couple with local knowledge who can put their own ideas into the business, attract customers from further afield, have a strong marketing plan and have experience in delivering and developing a community local pub food offering. The desire to grow the business is essential in ensuring you can drive footfall and embedding yourself in the community making this the “go to” pub for the local community.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
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
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
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.
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