Prime Location Wasp's Nest Pub in Stockton-on-Tees, County Durham for Sale
Stockton on Tees, County Durham
- Status
FOR SALE
- Advert ID
628220
- Reference
WaspNestPub / Rightbiz
- Call Agent:
- Leasehold: £49,950
- Rent: £15,600 (£1,300 per month)
- Turnover: On request
- Profit: On request
Key Features
- Offers Invited
- Established Business
- Close to Local Amenities
- Attractive Business
Business Details
Business For Sale: The Wasp’s Nest Pub
For Sale: The Wasp’s Nest Pub
Location: 1 Calvert’s Lane, Stockton-on-Tees, TS18 1TB
Price: £49,950 (Leasehold)
Property Type: Pub, Bar, Restaurant
Lease Type: Leasehold
Rent: £15,600 per annum (£1,300 per month)
Overview:
The Wasp’s Nest Pub is a well-located venue in Stockton-on-Tees, just a short walk from Church Road and the Hilton Hotel. Surrounded by two established bars/pubs, the location enjoys high foot traffic and attracts a premium clientele. This is a fantastic opportunity for anyone looking to acquire a thriving business in a high-demand area.
High-End Clientele:
- Hilton Hotel Guests: A steady flow of affluent hotel guests looking for quality dining and drinks.
- Corporate Professionals: Business professionals from nearby offices and hotels who seek a premium venue for socializing and entertaining clients.
- Affluent Locals: Regulars with disposable income who appreciate top-tier service and quality offerings.
- Event-Goers & Tourists: A go-to spot for those celebrating special occasions or seeking an upscale experience in Stockton-on-Tees.
Key Features:
- Prime Location: Situated in a high-traffic area, close to Church Road and the Hilton Hotel.
- Attractive Price: £49,950 for the leasehold, offering great potential for return on investment.
- High-End Clientele: Surrounded by upscale venues, with a steady flow of customers from local professionals, tourists, and hotel guests.
- Spacious Layout: Two main bar areas and outdoor seating space for customers.
- Fully Licensed: Premises license included for a broad range of trading activities.
Business Potential:
- Established Business: Strong customer base with excellent potential for growth.
- Event Hosting Opportunities: Ideal for hosting private events, expanding the menu, and increasing footfall.
Contact:
For more information or to arrange a viewing, contact Magnum Properties:
Phone: 01642 24788
Email: [email protected]
Contact Agent
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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
Contact seller
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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