Popular Community Public House In Ferryhill County Durham | | Ferryhill County Durham | | Public House Ferryhill, Co Durham T/O: £125,000 GP: 56% Durham CAMRA Pub of the Year winner Popular real ale pub 2-bed owners' accom Scope to develop food trade | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70654
ADVERT IMPRESSIONS : 7,900 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | FREEHOLD: | £220,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
The Surtees Arms occupies a prominent corner trading location on the main road leading from the A1(M), 1.5 miles away, to the centre of Ferryhill. The business is surrounded by a popular residential area with a local school close by. Ferryhill was historically a colliery town and is now popular with small businesses. The area is easily accessible being just 8 miles south of Durham and 14 miles northwest of Middlesbrough.
Business History
Preferred Commercial is pleased to offer for sale this popular community public house which was established in 1872 and which has been in our clients' hands since 2007, The business operates as a traditional public house and is renowned for its real ales, cask ales and Sunday lunches. The business won the North East CAMRA Real Ale Pub of the Year in 2010 and was the Durham CAMRA Real Ale Pub of the Year for 2010 and 2011. The Surtees Arms also features in the Good Beer Guide and is cask marque accredited. The business boasts a bar, lounge, dining room and function room and generates a turnover in the region of £125,000 per annum with a gross profit of 56%. A new owner could increase turnover by extending the opening hours, and offering food all week. There is also scope to promote the function room. The pub is host to darts and dominos teams, Leek Club and offers regular entertainments with quizzes, live entertainment, beer festivals and barbecues. The property benefits from 2-bedroom owners' accommodation. We feel this is an ideal opportunity to acquire a popular community and real ale public house. Early viewing, arranged through Preferred Commercial, must come highly recommended.
Financial Details
T/O: £125,000 approx.
GP: 56%
Opening Hours
Mon - Thurs: 4.00pm - 11.00pm
Fri: 4.00pm - 12.00am
Sat: 12.00pm - 12.00am
Sun: 12.00pm - 11.00pm
Accommodation Details
Substantial 2-storey public house situated in a prominent corner location. Briefly comprising:
Ground Floor
• Bar with seating for 40, L-shaped bar servery with 10 points of dispense and electronic cash register, small stage area and large screen projector
• Lounge with seating for up to 40, bar servery with 11 points of dispense, double door drinks chiller and pool table
• Restaurant area with tables and chairs for 30 covers and feature double sided open fire
• Ladies WCs
• Gents WCs
• 5 star rated commercial kitchen with 9-pot Bain Marie, stainless steel preparation surfaces, 2 x fryers, grill, 6-burner hob and oven, extraction system, wash up area, dishwasher, 2 x chest freezers, 2 x refrigerators and microwave oven
Lower Ground Floor
• Multi-room air-conditioned beer cellar
First Floor
• Function room with small L-shaped bar with 7 points of dispense, electronic cash register, tables an chairs, small dance floor and ladies and gents WCs
• Owners' accommodation comprising lounge, kitchen/diner, newly fitted bathroom and 2 x bedrooms
External
• Large yard to rear with space for 3 cars
• Outbuildings
• Smoking area
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2889 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
