Stags Head South Shields
North East
45 Fowler Street, South Shields, Tyne And Wear NE33 1NS, UK
Originally constructed in 1897 the Stags Head is a compact terraced property located on the periphery of the centre of South Shields. The pub is renowned for it’s cask ales and it’s olde worde charm. It is a Grade 2 listed building. The main trading area is on the ground floor with a function room on the first floor. The main bar is traditionally decorated in an ale house style with quality furnishings and wooden floors. There is a mix of fixed and loose seating with matching tables for up to 20 covers. There is also a darts board for gamers to enjoy. There is a function room on the first floor with seating for approximately 20 covers and its own bar servery. This presents an excellent opportunity to introduce events and to attract private bookings to provide a valuable source of additional income. The front of the pub has an inviting traditional ale house look and there is a smoking area to the rear. Patrons can make use of the pay and display car park to the rear for the property.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
The coastal town of South Shields is located in Tyne and Wear. The Stags head is on the edge of a central shopping area, which attracts plenty of passing trade. The pub is easily accessible with bus stops and taxi ranks surrounding the area.
Private Accomodation
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £4,500.00
Forecast Turnover: £201,552.54
Full Deposit: £4,250.00
Full Tie Release: £21,500.00
Guide Rent: £17,000.00
Initial Deposit: £0.00
Repair Fund: £1,500.00
Stock & Glassware: £2,000.00
Working Capital: £15,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £8,872.55
Forecast Other Turnover: £2,100.01
Forecast Wet Turnover: £190,579.98
Additional Info
Ingoing Cost: £15,500.00
Annual Cost: £17,000.00
Agreement Type: Fixed Term Tenancy
Clientele at this pub are drawn from the nearby residential areas as well as passing trade from the shopping district. The ideal publican will have a real interest in cask ales and have the ability to drive wet sales.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
Make an Enquiry
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.