Pubs On The Market v2.0

Sneyd Arms Newcastle Under Lyme

West Midlands

36 Higherland, Newcastle under Lyme, Staffordshire ST5 2TG, UK

The Sneyd is a local community pub located on a main road into Newcastle Under Lyne with a strong following from the locals, who visit the pub for its fantastic wet offer. Historically the Sneyd has been well supported with football, darts and dominoes teams along with a golf society, this is something the new publican should look to re-establish to drive further trade. The pub consists of two key trading areas; the public bar which offers pub games including darts and the second is a lounge bar, which offers plenty of seating and an ideal spot for guests to enjoy drinks. 

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

Gallery

Everything about the Pub

The Sneyd Arms is surrounded by residential housing, offices and good amenities. It is situated on the main road leading into the market town of Newcastle Under Lyme, only half a mile away. The town is home to several award-winning parks as well as a six-day market which is very diverse, featuring antiques and food. Up the road in the other direction is Keele University, many of the students living in the surrounding area near the pub.

Private Accomodation

The flat has three double bedrooms, one large living room which has open doors on to a roof top garden, a kitchen and bathroom. There are two additional rooms which are currently used for storage and washing.

Agreement Fee: £750.00

Cash Float: £3,000.00

Fixtures & Fittings: £10,000.00

Forecast Turnover: £221,392.00

Full Deposit: £1,750.00

Full Tie Release: £0.00

Guide Rent: £7,000.00

Initial Deposit: £0.00

Repair Fund: £0.00

Stock & Glassware: £1,500.00

Working Capital: £0.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £4,160.00

Forecast Other Turnover: £2,500.00

Forecast Wet Turnover: £217,232.15

Additional Info

Ingoing Cost: £0.00
Annual Cost: £7,000.00

Agreement Type: Beacon Retail Partnership Tenancy

The Sneyd Arms has a loyal following during the day from regulars who have been visiting the pub for a number of years due to the fantastic wet offer. There is an excellent opportunity here for the new publican to build upon the entertainment offer to increase trade. The introduction of live music and entertainment would complement the community atmosphere the Sneyd Arms is known for. This is an excellent pub, suitable for an experienced publican to really make the most of a great opportunity.

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.