The Wheatsheaf is a large corner site located in the village of West Boldon some 4 miles North West of Sunderland city centre. It is a three roomed pub with a bar and lounge on the ground floor and restaurant on the first floor. This lovely traditional pub offers a large well equipped bar, cosy lounge and decent sized restaurant area. The bar has circa 20 covers, a pool table and dartboard with the opportunity to provide sports teams and competitions creating a further revenue stream for the pub. The larger lounge has approximately 40 covers and features beautiful hardwood flooring throughout creating a traditional feel. Both rooms have a mix of fixed and loose seating and are fairly traditional in style. The first floor restaurant has a fully equipped kitchen and has circa 40 covers with the potential to create a lovely traditional food offering. The main drinking areas are separated into a bar and lounge, ideal for casual drinkers to enjoy. The bar is well known for its big screen showing sky sports and indoor sports facilities. The lounge provides further opportunity for live music, karaoke and other entertainment nights for the locals to appreciate. To the rear of the property there is a decent size courtyard style drinking/smoking area with benches and tables for customers to enjoy a drink especially in the warmer months. There is also a sheltered designated smoking area. The pub benefits from its own car park offering space for approximately 15 vehicles.
The private accommodation is next to the main pub and offers two large double bedrooms, a fully fiited kitchen, large lounge and a bathroom with over bath shower.
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £18,000.00
Forecast Turnover: £255,750.74
Full Deposit: £4,500.00
Full Tie Release: £23,000.00
Guide Rent: £18,000.00
Initial Deposit: £0.00
Repair Fund: £2,700.00
Stock & Glassware: £3,000.00
Working Capital: £21,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £54,595.42
Forecast Other Turnover: £6,456.89
Forecast Wet Turnover: £194,698.42
The pub serves drinkers drawn largely from the local area as well as customers who go to the pub specifically to enjoy the big screen showing major sporting events and the pool and darts facilities. There is potential to develop a good traditional food offer to attract additional trade to the pub.
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.
Love Your Pub is a multi service hospitality platform which includes a social media agency, pub recruitment channel, guide and much more. Listing your pub with Love your pub on the guide and taking advantage of our social media management service will boost your visibility as Love Your Pub is the biggest online hospitality guide there is. Alongside our guide and social media package we offer a range of pub support, pubs on the market and much more.
The Love Your Pub Group ®, “Pierre The Pug” ® & Follow Pierre ® are licensed trademarks of Hardys Consultancy Ltd. All written content and imagery appearing on this website & third party social media pages which we provide services for remain the intellectual property of Hardys Consultancy Ltd both during & after any services we have provided to our clients. If you wish to use any of our material from this site and our archives, please contact us to obtain both permissions & rate cards for external use.
