The pub is situated on the busy Shields Road area of Byker. The area is the main high street for the local people for shopping for their daily provisions. The area is very busy during the day with a variety of retail attracting locals for varying needs. The area is popular for people who work in the City centre (2 miles away). Residing in the Byker area and either using the bus or metro networks into the City.
The Raby Hotel Newcastle Upon Tyne.
Key Information:
Pub Style: Destination Local.
Key Selling Points:
• Busy High Street Location
• Prominent corner plot
• Investment planned to assist new tenant relaunch
• High Machine Turnover
• Established well known weekend venue
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Location:
The pub is situated on the busy Shields Road area of Byker. The area is the main high street for the local people for shopping for their daily provisions. The area is very busy during the day with a variety of retail attracting locals for varying needs. The area is popular for people who work in the City centre (2 miles away). Residing in the Byker area and either using the bus or metro networks into the City.
The Property:
The pub is a prominent corner plot. It is a long standing and established public house in this area. The pub is one L Shape open plan room downstairs with one large bar servery.
Upstairs is a disused function room with toilet facilities and bar. It has not been used to any standard for a 3 to 4 years but could be brought back into use with a small investment.
Living Accommodation:
This business operates as a lock up as there is no accommodation.
The Business:
Our current tenant has operated the venue for over 8 years so there is a stable trade to build on. Trust have prepared an exciting external decoration scheme as well as full refurbishment of the toilets.
Additionally the trading areas warrant some attention and this can form the basis for discussion negotiation for taking an agreement on the pub. All in all the Raby Public House is a long standing Byker institution waiting for its next custodian.
Nearby Local Pubs:
e High Main (Weatherspoon)
Post Office (Amber Taverns)
Grace (Trust L&T)
Jacksons (Free Trade)
All of the above outlets are in the main wet led establishments that help to form a strong local circuit.
Trading Hours:
Sunday to Monday 11am to 11pm
Friday and Saturday 11am to Midnight
Benefits Include:
A barrelage discount scheme
Only tied on draught products
You will have the right to assign your pub lease after 12 months (3 or 10 year agreements)
The rent will be in line with the company code of practice
Amusement with prize machine and pool table income are shared on a 50/50 basis
Individual modular training courses on improving your pub business
Regular business support through experienced Business Development Managers
Marketing and Promotions assistance available
Our lease agreements offer a contractual cooling off’ period to ensure the business is right for you
Find out more on our Offer to You.
The Raby Hotel Newcastle Upon Tyne.
Financial Information:
Rent £15000
Bond £3000
Our current tenant has operated the venue for over 8 years so there is a stable trade to build on. Trust have prepared an exciting external decoration scheme as well as full refurbishment of the toilets.
Additionally the trading areas warrant some attention and this can form the basis for discussion negotiation for taking an agreement on the pub. All in all the Raby Public House is a long standing Byker institution waiting for its next custodian.
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.
