Pub for sale

The Willow Tree, Plessey Road, Blyth, Northumberland, United Kingdom, NE24 4NF

£175,000

Property Description

Commercial information

  • Business for sale

Key features

  • Wet led community pub
  • Part of established drinking circuit
  • Advised weekly t/o c. 2,500 based on 3 days
  • 3 bedroom owner's accommodation
  • Fully fitted catering kitchen
  • Energy Rating D

Full description

Tenure: Freehold

Description

A large, detached property occupying a prominent roadside position amongst other licensed and commercial premises, as well as being in close proximity to a substantial amount of residential housing.

Location

The Willow Tree pub is situated on a main road position in the small but busy town of Blyth, Northumberland. The city of Newcastle upon Tyne lies circa 12 miles to the south. The town's south beach and the popular coastal towns of Whitley Bay and Tynemouth are easily accessible.

The pub is adjacent to the railway, with two bus stops close-by as well as on street parking. There is a good mix of housing in the area, with a new housing development currently being built about one mile away. Neighbouring occupiers include three other licensed premises, and as such The Willow Tree forms part of an established drinking circuit. Other commercial premises including a Co-operative food convenience are situated nearby.

Internal Details

Ground floor trading area comprising a main bar area with seating for 30 customers and a stage used for live music.

There is a room to the rear which is currently set up for dining 20 covers, this benefits from its own bar servery and was previously a pool room.

Ancillary areas include a fully fitted catering kitchen, large storage room and customer toilets.

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.

We are advised that the trade fixtures and fittings are substantially free from loan, lease or hire purchase agreement.

External Details

There is a service yard to the rear.

Owner's Accommodation

At first floor level is a very well maintained flat, which is occupied by the current owner's. This comprises three double bedrooms, large storage cupboard, two living rooms, a living/dining room, a kitchen and a bathroom.

Some of the rooms are currently used for storage, these would benefit from refurbishment before being utilised as bedrooms. There may an opportunity to convert to a self contained flat, plus two letting bedrooms, if the accommodation was utilised differently.

The Opportunity

The Willow Tree presents an opportunity for an owner operator to take on an established business whilst living on site. Alternatively, the pub could sit within a wider portfolio of property and be management run, as it previously has been. There may also be scope to let the apartment separately depending on the circumstances of the new owner.

Trading Information

We are advised that current average weekly turnover is in the region of £2,500 net of VAT. This is based on opening Friday, Saturday and Sunday only and there is scope to open seven days and therefore substantially increase sales.

Development Potential

There may be scope to convert the premises for alternative use, however the appropriate planning consents would need to be sought from the relevant local authority.

Regulatory

Premises licence


More information from this agent

Nearest stations

  • Cramlington (3.2 mi)
  • West Monkseaton (5.3 mi)
  • Monkseaton (5.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Cramlington (3.2 mi)
  • West Monkseaton (5.3 mi)
  • Monkseaton (5.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6450386-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 , Newcastle Upon Tyne. 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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