Skip to content

The Albion, Viktor Street, Roker, Sunderland, United Kingdom, SR6 0EN

Offers Over
£250,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • Long Established
  • Annualised Net Turnover c.£167k
  • Wet only and Free of Tie
  • External Trading Area
  • Strong Community Following
  • Fully Licensed - EPC Rating C
  • Christie & Co Ref: 6450535

Description

Description

The Albion is a two storey property located in a populated housing area, within walking distance to the Stadium of Light and part of an established drinking circuit. This popular wet led and free of tie community pub is supported by plenty of locals.

Well maintained throughout with two trading areas (a bar and good sized lounge), as well as large living accommodation and private rear access. There is a good sized beer garden to the side. The Albion achieves a good level of consistent turnover with room for further potential.

Currently owner operated with a team of staff, the owners are now looking to retire after more than 20 years in the pub.

Location

The Albion is located in Roker, Sunderland, approximately a 20 minute walk from the Stadium of Light, home to Sunderland United.

Roker is a coastal suburb of Sunderland, known for its stunning beach and promenade. The surrounding area has many tourist attractions including The National Glass Centre, Seaburn and Roker beaches, The Stack Entertainment complex, Marine Activities Centre, Roker Park, Watch House Museum. Close by is the busy Sunderland University.

Internal Details

The main entrance to the property leads into the main bar area. Traditionally decorated with an open fireplace feature seating/standing for c.40 covers.

To the left of the bar is a games room with pool table with a good sized central bar serving both areas. The large lounge is accessed via the main bar area which is also used for private functions, with seating for c.40 covers

Fixtures & Fittings

We have been advised that the majority of the fixtures and fittings are owned outright and will be included in the sale, subject to an inventory. Items personal to the Sellers are excluded.

Ancillary Areas

Basement cellar and storage, customer toilets and access to upstairs accommodation.

Owner's Accommodation

Currently used for storage, the upper floor comprises of a kitchen, bathroom, lounge and two bedrooms.

The Opportunity

The Albion presents a great opportunity for an owner operator to purchase this large well positioned and well supported business, and to operate along the same lines as the current owner. Ideally located in primarily a residential area and close to Sunderland Stadium of Light, with a good passing trade, The Albion has been frequented by many locals for many years.

Alternatively, an experienced operator, perhaps with multiple sites, could expand the current offer and look to run as a managed house or an investor may look to purchase the premises and let it to an operator.

Staff

The business is run by the owner operator with the help of part-time staff.

Trading Information

Turnover for year ending March 2023 was c.£166,290. Adjusted Net profit for the same period was approximately £70,000.

Trading accounts and barrellage information is available to serious buyers only on request.

Trading Hours

Monday to Sunday
10.00am to 11.00pm

Business Rates

The Rateable Value as of 1 April 2023 is £2,950. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises License

Energy Performance Certificates

EPC 1

Brochures

The Albion, Viktor Street, Roker, Sunderland, United Kingdom, SR6 0EN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stadium of Light Metro Station0.5 miles
  • St Peter's Tram Stop0.7 miles
  • Sunderland Station0.8 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 6450535-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.