Run a Star Pub - Holystone Shiremoor - Newcastle Upon Tyne

The right operator for the pub will have extensive experience in a community led hospitality business. They will have a clear vision for their food & drinks menu, entertainment offer and running the letting rooms to be able to create a memorable experience for their customers.

The Holystone Shiremoor is located within a residential area of North Tyneside, 5 miles from the coast. The pub is surrounded by residential housing with commercial and retail premises nearby such as Cobalt Business Park and Silverlink. The location is just off the A19 with easy access to the Tyne Tunnel and the Coast Road to Newcastle. Demographics The pub benefits from being one of 2 pubs found in an area of around 2,162 adults. The customer base is made up of settled families, busy couples and homeowners., Make Your Mark with Star Pubs & Bars Ready to take on your own pub? For years, we've helped great publicans create the greatest pubs and bars around the UK. Our approach is simple: you're the one with the vision and the talent, our job is to help you make it a reality. To help you do what you do best. We're the pub business of HEINEKEN UK. That means you'll have access to the UK's leading portfolio of iconic beer and cider brands. All backed by our industry-leading terms and support. We've created our 5 Star Promise to outline our commitments and the opportunity for you on our Leased & Tenanted (L&T) model.

• Catering Kitchen
• Pub Games
• Live Sports
• Outdoor Trade
• Car Park
Trading Area & Facilities
• Main trading area with bar
• 70 internal covers
• 40 external covers
• Large, open trading kitchen
• Smart Dispense
• 9 letting rooms
• Patioed beer garden to the front and rear
• Car park
Private Accommodation The pub has no private accommodation. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £47,951 Estimated Minimum Ingoing Costs £13,739 Annual Rent £34,268 Estimated Annual Turnover £491,414 Deposit £8,567 Estimated Fixtures & Fittings Value £28,500 Estimated Stock Valuation £7,384 Estimated Working Capital £3,500 The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.