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Huntsman, Blaydon-on-tyne

Blaydon-on-Tyne NE21 4AU

Your investment

£7,000

Agreement Type

Tenancy
  • Initial start up rent of £100 net per week
  • Zero Business Rates*
  • Fantastic function room
  • Sports Driven with Low Rateable Value for Sky premium

The Huntsman Pub is an exciting opportunity and rarely do community pubs of this size and standard become available. Located in the North East town of Blaydon, The Huntsman is in the heart of a densely populated residential estate with a strong following of regulars along with a high footfall of passing trade. This brilliant pub was refurbished to a high standard in September 2018 both internally and externally with the introduction of a commercial kitchen. Modern Blaydon stands close to the Tyne with the A695, a key road from Gateshead to Hexham, passing through the town centre. Between this main road and the river is the railway and, beyond it, in a bend of the Tyne River is the industrial district of Blaydon Haughs with these spectacular views seen from the dining room of the pub. Despite being a largely urban and a historical industrial town, there are various rural aspects to Blaydon and miles of countryside in the surrounding areas.

Pub Layout

On entering the pub, to the right you are welcomed into the impressive main bar area which has something for everyone. Live and team sports feature prominently with two oches (the best darts set up in Blaydon) along with a match pool table feature as well as multiple screen sports viewing set up. The bar area also has a mixture of cosy booths with fixed seating along with poser tables and bar stools around the main bar. Through a good-sized hallway to the left of the pub, there is access to the well-appointed toilets, commercial kitchen and a further door to the rear of the pub. The rear of the pub is used as a restaurant or offered separately for private functions. With loose seating and staggered levels, this room could easily host live bands and entertainment or provide dining for over sixty covers. To the rear of this room there is an external door providing access to the car park or the rear courtyard. The rear courtyard is completely enclosed and is an absolute suntrap made up of a paved patio with a number of picnic benches. The car park is down the stairs from the back entrance of the pub and provides parking for up to twenty vehicles.

The Huntsman is a fantastic community pub that has so much to offer. The pub has an extremely strong rhythm of the week with something for everyone; the sports fans have live sporting events shown on the numerous televisions, the pub also supports darts teams and pool teams along with having the facilities there for the non-professionals. There are also quiz nights, bingo, karaoke and a good events calendar for fundraising for the community and local charities. There is an opportunity, with the right licensees and team in place to really enhance the food offer throughout the week along with Sunday lunches and a function menu. The pub has a vast variety of drinks offer from standard to premium in its beers, spirits and minerals.

Private Accommodation

The private accommodation is located on the first floor. In brief this comprises of three good sized bedrooms, lounge, kitchen and bathroom.

Annual Rent: £10,000 (£5,200 initial start up rent)

Security Deposit: £3,000

Working Capital: £2,000

Stock: £2,000

Business Rates: Nil* from 1st April 2023

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie:        All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

*Based on the April 2023 provisional rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.

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

The Huntsman is simply an outstanding opportunity for a licensee with high standards who can drive a good quality pub food offer and engage well with the local community who have supported this pub well over the years. The pub was refurbished last year owing to its prominent location and has huge potential for many years to come.

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). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

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.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

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.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

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 – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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