Pubs On The Market v2.0

Starting Gate Redcar

Yorkshire and the Humber

417 West Dyke Road, Redcar, North Yorkshire TS10 4PS, UK

The Starting Gate is a great local pub which is suitable for a first-time publican or an experienced operator. The fully equipped trade kitchen supports the existing value food menu which could be further developed to drive additional trade. The Starting Gate holds live music events once a month which attracts a regular crowd and could be developed to include quizzes, games nights and match day events. The property also includes a great sized cellar, which has been very recently modernised, and a good-sized electric kitchen. To the rear of the pub there is a heated and sheltered area which provides an excellent smoking solution with direct access to and from the main bar. There is also a car park with 20 spaces which is shared with the busy local supermarket and attracts passing trade. There is a large screen TV and a games area with darts, pool and dominoes tables which provides an ideal area for pub teams and sports enthusiasts. The lounge is also split level and has large sofas and formal dining areas for 100 covers which is primarily where food is served.

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

Gallery

Everything about the Pub

Redcar is a busy seaside resort in the northeast of England attracting plenty of tourism and passing trade for the Starting Gate. The pub is in a prominent location on a busy road and is surrounded by a large private housing estate. It’s also only a two-minute drive from the coast or Redcar town centre and a 15-minute drive from Middlesbrough town centre. Redcar has three railway stations which means the neighbouring towns of Middlesbrough, Darlington, Bishop Auckland and Newcastle upon Tyne are easily accessed.

Private Accomodation

We are looking for either a first time or experienced operator with the customer service skills to build upon this already very successful business.

Agreement Fee: £750.00

Cash Float: £1,000.00

Fixtures & Fittings: £15,000.00

Forecast Turnover: £601,006.75

Full Deposit: £8,500.00

Full Tie Release: £54,000.00

Guide Rent: £34,000.00

Initial Deposit: £0.00

Repair Fund: £2,000.00

Stock & Glassware: £5,000.00

Working Capital: £27,900.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £163,930.24

Forecast Other Turnover: £0.00

Forecast Wet Turnover: £437,076.51

Additional Info

Ingoing Cost: £27,900.00
Annual Cost: £34,000.00

Agreement Type: Fixed Term Tenancy

This is a well-maintained and established pub in a great location. The food offering has great potential to be developed even further. We are looking for either a first time or experienced operator with the customer service skills to build upon this already very successful business.

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.