DescriptionThe @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.
LocationThe @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 DetailsThe ground floor is split to two areas: The Bar & The Lounge.
On entering The Bar area is to the left which is well decorated with football memorabilia, chairs, tables and a pool table with 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 approximately 160 covers.
On the upper level there is a well maintained restaurant for 40 covers.
Fixtures & FittingsWe 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 AreasFully fitted commercial kitchen (currently not used), as well as storage areas, cellar and WCs.
External DetailsTo the rear is a good sized beer garden with under cover outdoor bar area, tables, chairs and standing for approximately 185 covers.
Owner's AccommodationThe owner's accommodation has three bedrooms with a lounge, reception room, kitchen and bathroom.
The OpportunityThe @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.
StaffThe @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 InformationTurnover for Year End 2023 was £498,949.
Turnover for Year End 2024 - c.£556,586.
Brewers’ barrels is c.447 per annum (excluding wastage).
Trading information will be made available to seriously interested parties on request.
Trading HoursMonday to Sunday
12.00pm to 11:30pm
Business RatesThe Rateable Value as of 1 April 2023 is £25,000.
Confirmation of actual rates payable can be obtained from the local Authority.
RegulatoryPremises Licence
