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Black Bull Hotel, Blaydon On Tyne

Blaydon-on-Tyne NE21 4JJ

Your investment

£15,000

Agreement Type

Tenancy

The pub is located in Blaydon which is a highly populated suburb of Newcastle Upon Tyne. It sits on the busy B6317 just of the main Blaydon roundabout near to both Blaydon railway station and main retail area. The site is an imposing detached building set back from the main road with parking for 6 years to the front. The B6317 carries traffic to Crawrcrook and Ryton and as such the route is very busy. Traffic footfall is sizeable, and the pub is highly visible. Local consumers are largely families and the prominent demographic group age range is actually quite young at 24-25. There is also several retired who have lived in the area for some considerable time. The pub has the benefit of being in easy walking distance from large numbers of mixed housing largely terraced in building style. The nearby railway station means that regular customers will come from further afield to take to the walk along the River Tyne which flows to the rear of the pub.

The pub is located in Blaydon which is a highly populated suburb of Newcastle Upon Tyne. It sits on the busy B6317 just of the main Blaydon roundabout near to both Blaydon railway station and main retail area. The site is an imposing detached building set back from the main road with parking for 6 years to the front. The B6317 carries traffic to Crawrcrook and Ryton and as such the route is very busy. Traffic footfall is sizeable, and the pub is highly visible. Local consumers are largely families and the prominent demographic group age range is actually quite young at 24-25. There is also several retired who have lived in the area for some considerable time. The pub has the benefit of being in easy walking distance from large numbers of mixed housing largely terraced in building style. The nearby railway station means that regular customers will come from further afield to take to the walk along the River Tyne which flows to the rear of the pub.

Pub Layout

The pub is split into two main trading areas. The aspect is traditional in nature with a classic dark wood finishing really giving a feel of authenticity and that of an old school “proper pub”. The main bar has a real open fire and will seat 30 people. The Function Room is mainly used as an entertainment venue with the pub having a vibrant live music programme. The Black Bull is well established on the North East’s live music scene. To the rear is an excellent Beer Garden that has stunning views overlooking the River Tyne.

The Black Bull is exclusively a wet led public house. As highlighted above the key business driver is the Live music held on Fridays and Saturdays. Additionally, the pub has a regular Darts Team and is hugely popular with walkers and locals.

The pub has been well run by the pub’s current licensees for over 10 years and trades well.

Private Accommodation

The Upstairs flat consist of 3 bedrooms, living room, bathroom and kitchen

Annual Rent: TBC

Security Deposit: £6,000

Working Capital: £5,000

Stock: £4,000

F&F: TBC (Funding options available)

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

A suitable licensee will embrace the locality of the pub and offer a solid quality pub menu using local fish as seasonal specials. The bar must serve great beers and wines. Due to the location and passing trade, non-alcoholic drinks will be equally important here and should be maximised

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £30.10 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


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