Located in the village of New York in the metropolitan county of Tyne and Wear, North East England. Approximately 4 miles from Whitley Bay, and 5 miles from the town of Tynemouth.
The Wheatsheaf Tyne & Wear.
Key Information.
Pub Style: Destination Local.
PLANNED REFURBISHMENT!
– Full catering kitchen
– Destination food led business
– Great beer garden
– Garden & Patio at the front,
– Large Car Park.
Location.
Located in the village of New York in the metropolitan county of Tyne and Wear, North East England. Approximately 4 miles from Whitley Bay, and 5 miles from the town of Tynemouth.
The Property.
Detached building with ample parking off New York Road on Murton Lane. Great outdoor patio space.
Living Accommodation.
is uninhabitable. Once refurbished, it will feature:
3 Bedrooms
Bathroom / Toilet
Living Room
A spacious Kitchen with room for a dining area.
The Business.
Currently a bar restaurant serving a mixture of fine dining items, interlaced with more traditional pub dishes. Trading as a very successful food led pub, this vacancy needs an experienced food led operator.
Nearby Local pubs.
Robin Hood Murton is around the corner going into the village; the Shiremoor Farm is closeby and the Jolly Bowman is in the village of New York. The Northumberland Arms in West Allotment provides a more community offer.
Trading Hours.
The pub is currently licensed from:
Monday – Saturday 11:00am -11:00 pm.
Sunday 12:00 am -10:30 pm.
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
The Wheatsheaf Tyne & Wear.
Financial Information.
Rent: £15,000
Deposit: £5,000
Currently a bar restaurant serving a mixture of fine dining items, interlaced with more traditional pub dishes. Trading as a very successful food led pub, this vacancy needs a experienced food led operator.
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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