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Evenwood Village Pub in Bishop Auckland - Huge Growth Opportunity

Evenwood, County Durham
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BISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUBBISHOP AUCKLAND - VILLAGE PUB
  • Freehold: £195,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Key Features

    Business Details

    BISHOP AUCKLAND VILLAGE PUB

    Detached public house
    Village location
    Overlooking the Green
    Good sized rear Patio
    Massive potential to increase trade
    Spacious function room

     

    Location:

    Evenwood is a village in County Durham. It is situated to the south west of Bishop Auckland.

    The Travellers Rest is now the only pub in the village and is situated in the centre of Evenwood overlooking the very picturesque village green.

     

    Property:

    TRADE AREAS:
    GROUND FLOOR 
    Side entrance that leads into the MAIN BAR (30). The BAR SERVERY is nicely positioned in the main lounge area of the pub.

    There is a good-sized side room used as a POOL ROOM with pool table, darts area and cast iron open fireplace.

    The LADIES’ & GENTLEMEN’S toilets are off the pool room and there is also an ACCESSIBLE TOILET. The flooring is a mix of laminate (in the hard wearing areas) and carpet.

    A CATERING KITCHEN which is currently only being used for cold snacks is also situated on the ground floor.

    The basement CELLAR is a good size and is well maintained.

    FIRST FLOOR
    A spacious FUNCTION ROOM (50) with high vaulted ceilings and dance floor. This room comes with its own LADIES’ & GENTLEMEN’S TOILETS,  BAR SERVERY and catering kitchen with dumb waiter to the main CATERING KITCHEN (situated on the ground floor). Fire escape.

    OWNERS ACCOMMODATION:
    An Owners/staff apartment is situated on the first floor with TWO DOUBLE BEDROOMS, LOUNGE, KITCHEN and BATHROOM.

    EXTERNAL:
    Spacious enclosed rear PATIO AREA (10) and a FRONT PATIO (10).

    Enclosed BIN STORE.

     

    Licence:

    A full Premises Licence is held.

    A Premises Licence is held for the following hours:

    Tuesday         11:00 - 23:00
    Wednesday    11:00 - 23:00
    Thursday       11:00 - 23:00
    Friday            11:00 - 00:00
    Saturday        11:00 - 00:00
    Sunday          11:00 - 22:30

     

    Services:

    All main services are available: water, electricity, gas and drainage.

    The current rateable value for this business is £5,100. Confirmation of actual rates payable should be sought from the Local Authority.

    Durham County Council
    1 Kensington St
    Bishop Auckland 
    DL14 6HX
    Phone: 01388 454800

     

    The Travellers Rest is a substantial building and trades well, opening only four days per week.  It relies solely on wet trade.

    The Traveller’s Rest has been tenanted for a number of years.

    No trade is sold or warranted. Historic trade accounts are unavailable. Any potential purchaser will need to reach their own conclusions as to the profitability that can be enjoyed at this outlet.

    With an unused commercial grade catering kitchen, the pub has significant potential to diversify its offering and extend its trading hours.  There is also scope to utilise the spacious function room to provide a venue for various events and, similarly, to develop the upper floor into letting bedrooms if the owner's accommodation is not required.  

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    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.

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