The Smiths Arms in Billingham is a traditional pub located in a charming, old-style building, known for its cozy and welcoming atmosphere. The pub has recently been refurbished to an excellent standard with classic pub furnishings. It serves a range of beers, ales, and spirits, and often offers hearty pub food, such as Sunday roasts and classic British dishes. Popular with both locals and visitors, it provides a relaxed, friendly environment for socialising, watching sports, or enjoying live music events. It has a spacious function room which would be brilliant for any occasion. The pub has a large beer garden to the rear that adds to its appeal in warmer months.
The Smiths Arms Billingham.
OVERVIEW.
Could you run this pub?.
The Smiths Arms in Billingham is a traditional pub located in a charming, old-style building, known for its cozy and welcoming atmosphere. The pub has recently been refurbished to an excellent standard with classic pub furnishings. It serves a range of beers, ales, and spirits, and often offers hearty pub food, such as Sunday roasts and classic British dishes. Popular with both locals and visitors, it provides a relaxed, friendly environment for socialising, watching sports, or enjoying live music events. It has a spacious function room which would be brilliant for any occasion. The pub has a large beer garden to the rear that adds to its appeal in warmer months.
Private accommodation
This fantastic business opportunity comes with two private bedrooms, a bathroom, and a kitchen.
About the Agreement
We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.
Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We offer flexible deposit options, as well as flexible price bands and release fees which are available.
Whatever the agreement, with Punch you always get:
A progressive pub company – winners of the Publican Awards 2022 & 2024!
Industry leading investment with a whole world of possibilities
Industry leading training, with our Academy and Kitchen
Industry leading e-commerce platform – Punch Buying Club
Expert coaching and advice every step of the way
FINANCIAL INFORMATION
Deposit
£3,250
Legal Fees
£375
Maintenance Fund Per Week
£40
Fixtures & Fittings Weekly Rent
£121
Working Capital
£4,000 – £6,000
BUSINESS INFORMATION
Annual Rent
£13,000
Forecasted Annual Wet Turnover
£272,148
Forecasted Annual Food Turnover
£51,987
Forecasted Annual Other Turnover
£4,247
Agreement
Flexible Tenancy
We are ideally looking for an enthusiastic experienced operator who can imbed themselves into the local community and drive sales at the site with great products, 5 star service, live sports, music and regular events.
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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