South Shields Iconic Pub for Sale: Busy & Established, Food & Drink Favorites
Undisclosed, Tyne and Wear
- Status
SOLD / WITHDRAWN
- Date Submitted:
24/11/22
- Advert ID
504268
- Reference
INT2367 / Rightbiz
- Call Agent:
- Leasehold: £175,000
- Turnover: £429,000 (£8,250 Per week)
- Net Profit: Not Applicable
Business Details
Highly Popular Traditional Pub for Sale in South Shields
Now on the market is a popular and very busy pub based in South Shields.
The pub serves a range of refreshments including fresh juices and craft beers, alongside delicious food and their traditional Sunday Roast dinners which they’re known for.
Established over 20 years ago, the pub has established a brilliant customer base and benefits from plenty of frequent and repeat business.
They benefit from showing live sports on TV and usually see uplifts when the city's football team are playing a match or any major sporting event, alongside organising live music events in the past.
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Listing Statistics
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Advert pending deletion
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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