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CONFIDENTIAL
FOR SALE
643424
The business, a vibrant pub located in Newcastle upon Tyne, has been successfully established for eight years, although the site boasts a rich history of over 20 years. As a leasehold opportunity, the pub is up for sale at a price available upon request, with the annual rent set at £30,000. This public house presents an excellent investment prospect, particularly for those looking to capitalise on the bustling nightlife of the city centre.
In addition to its prime location, the pub enjoys a variety of nearby amenities that contribute to attracting customers. A café adjoins the premises, which can be included in the sale, and ongoing developments promise an influx of more shops and restaurants in the area. The pub is strategically situated just minutes from St James’ Park and near the Utilita Arena, making it an appealing destination for locals and visitors alike.
Competitive Landscape
While there is notable competition within the area, such rivalry can be advantageous for tapping into the lucrative LGBTQ market. The vibrant nightlife scene fosters a diverse clientele, allowing the pub to thrive through both regular patronage and event bookings.
Business Details
The pub boasts a well-equipped bar and features a large terrace, offering outdoor seating and smoking options for guests. With a strong customer base and proven marketing strategies, the venue benefits from high footfall and strong weekly sales figures. This charming establishment provides a unique opportunity for brand development and can host a variety of events, making it suitable for both private hire and public gatherings.
Currently employing 15 staff members, the pub not only promises a vibrant atmosphere but also presents substantial growth potential. With a secure long-term lease, the foundation is laid for continued success in the heart of Newcastle’s nightlife. The option to expand into areas such as nightclub hosting further underlines the possibilities for the new owner.
For those looking to embrace this route, the invitation to explore this comprehensive business opportunity stands firm, with its rich history, strong community engagement, and potential for further development paving the way for a successful ownership journey.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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