The Victorian Tap is a stunning Victorian building on the corner of Battle hill and Eastgate in “The Happiest place to live in Britain“- Hexham. The Victorian Tap is bursting with character and has a history of good beer trade driven by the local drinkers and tourists visiting the town who all enjoy the great atmosphere the feature of this pub produces. Wood floors and open fires add to the feeling of cosiness, keeping up with the traditional décor of the pub, with local memorabilia an appealing quirk to the surrounding community.
The L-Shaped tap room surrounds the traditional central bar which boasts 6 cask ale wickets and a stunning back bar display. A beautifully presented medium sized external seating area can be accessed from the rear of the pub, this area seats 20 with a roof cover and doubles up as a smoking solution.
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The private accomodation consists of two-bedrooms, a kitchen diner, bathroom and office.
Forecast Turnover: £406,678.41
Year 1 Rent: £0.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Full Deposit: £8,750.00
Full Tie Release: £34,250.00
Agreement Fee: £795.00
Repair Fund: £3,000.00
Fixtures & Fittings: £20,000.00
Working Capital: £25,000.00
Stock & Glassware: £4,500.00
Cash Float: £500.00
Forecast Wet Turnover: £307,958.20
Forecast Dry Turnover: £27,610.40
Forecast Other Turnover: £71,109.81
The Victorian Tap is a thriving wet led community pub specialising in offering a wide range of quality cask ales, cosy atmosphere with a warm welcome and friendly smile. An experienced operator can really take this pub to the next level by implementing a small new food offering along with a great sport viewing experience. The 4 well-presented letting rooms are in high demand in this tourist hot spot, a guest obsessed operator will be required to maintain and grow the great reputation achieved this year.
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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
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