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The Swan is a large roadside public house located on the busy main road in Billingham. The Swan was built in the 1940s and has always been at the heart of the community. This well-established pub caters for both locals and large functions. The pub side of the business would benefit from a great live sport offer and also by offering a small bar menu alongside the existing Sunday lunch trade. Over 230,000 people live within 15 minutes of the Swan, therefore it boasts a very large catchment area.
The 1st floor living accommodation is perfect for a family, comprising three bedrooms, a lounge, kitchen and bathroom, all in good condition.
Agreement Fee: £750.00
Cash Float: £5,000.00
Fixtures & Fittings: £30,000.00
Forecast Turnover: £503,445.72
Full Deposit: £6,250.00
Full Tie Release: £37,750.00
Guide Rent: £25,000.00
Initial Deposit: £0.00
Repair Fund: £3,000.00
Stock & Glassware: £6,000.00
Working Capital: £37,000.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £139,182.56
Forecast Other Turnover: £5,262.05
Forecast Wet Turnover: £359,001.11
The function room is a real asset to this pub, with capacity for up to 200+ customers. Currently used for a variety of events including weddings, historically holding its own marriage venue licence.
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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