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The @venue, 26 Zetland Street Roker, Sunderland, United Kingdom, SR6 0EQ

£475,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

Ask agent

SECTOR

Pub for sale

Key features

  • Long Established & Free of Tie
  • Popular with Local Community
  • Average Weekly Turnover - £10k net of VAT
  • Large External Trading Area/Beer Garden
  • Owners/Managers Flat
  • Viewings Essential - EPC Rating C
  • Christie & Co Ref: 6450521

Description

Description

The @venue is a substantial two storey freehold property. Located in a densely populated housing area within walking distance to Stadium of Light and part of an established drinking circuit, this popular community pub and restaurant is supported by plenty of locals and achieves many excellent reviews on TripAdvisor and other websites.

Refurbished and maintained to a high standard throughout, and with three trading areas (a bar, lounge and upper floor restaurant), The @venue achieves a good level of consistent turnover with room for further potential.

The property has a function room for hire, pool table and good sized beer garden at the rear.

Location

The @venue is located in the bustling suburb of Roker, Sunderland, approximately a 15-minute walk from the Stadium of Light, home to Sunderland United.

The surrounding area has many tourist attractions including The award winning Seaburn and Roker beaches, The Stack Entertainment complex, Marine Activities Centre, Roker Park, Watch House Museum, The National Glass Centre and The Anglo-Saxon St Peter’s Church. Sunderland also has its own busy University.

Internal Details

The ground floor is split to two areas: The Bar & The Lounge.

On entering the property to the left is The Bar area, which is well decorated with football memorabilia, chairs, tables and a pool table. Seating and standing for 120 covers.

Further ahead, The Lounge, offers a more relaxing environment and is used for private functions. Seating and standing for approx. 160 covers

On the upper level is a well-maintained restaurant for 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.

Ancillary Areas

Fully fitted commercial kitchen (currently not used), as well as storage areas, cellar and WCs.

External Details

To the rear of the property is a good sized beer garden with under cover outdoor bar area, tables, chairs and standing for approximately 185 covers.

Owner's Accommodation

The owner's accommodation has three bedrooms with a lounge, reception room, kitchen and bathroom.

The Opportunity

The @venue offers a brilliant opportunity for a purchaser to acquire a property with a long standing reputation. Forming part of a long established circuit, the business could continue to trade very well with the current format.

Staff

The @venue is currently owner-operated with the support of a team of full and part-time staff. A full schedule can be provided on request.

Trading Information

Turnover for Year End 2022 was £529,320.
Brewers’ barrels is c.447 per annum (excluding wastage).

Trading information will be made available to seriously interested parties on request.

Trading Hours

Monday to Sunday
12.00pm to 11:30pm

Business Rates

The Rateable Value as of 1 April 2023 is £25,000. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence

Energy Performance Certificates

EPC 1

Brochures

The @venue, 26 Zetland Street Roker, Sunderland, United Kingdom, SR6 0EQ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stadium of Light Metro Station0.4 miles
  • St Peter's Tram Stop0.6 miles
  • Sunderland Station0.7 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 6450521-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.

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