Run a Stonegate Pub - Star Newcastle upon Tyne, Tyne and Wear

About the Pub

The Star is a terraced, one room city centre pub set in the heart of Newcastle upon Tyne, situated a short distance from Newcastle central station and the famous St James football stadium. This wet-led pub is on the main circuit and has the advantage to drive customers from a number of popular attractions close by. On entrance, you are welcomed into a large, one room trading area with a central bar servery which runs across one side of the pub. The space comprises of laminate flooring, neutral décor and a range of modern fixtures and fittings. There is a raised area to the back where the pool table is situated and often where the live music entertainment is hosted and a range of seating is available throughout the pub for up to 120 covers. There is a kitchen which is currently not utilised but could be updated to provide an adequate food offer. Stonegate Pub Partners are seeking a publican with experience in managing or running a pub in the city centre, who can drive the business forward by introducing a basic food offer and continue on improving the entertainment options.(Please note: the first and second floors are not included in the tenancy agreement).

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £16750
Fixtures / Fittings: Est. £12000
Guide Rent: £35000 pa
Potential Turnover: £490000 pa

Regional Manager's Thoughts

The current clientele ranges from workers, students and evening and daytime drinkers. The Star is decorated in a stylish modern feel and offers a vibrant and welcoming atmosphere for customers to enjoy live music bands or sports on the flat screen TV’s. I am looking for an experienced hands-on publican who can hit the ground running by extending the entertainment offer, introduce a small food offer and aim to attract customers from further afield.

Surrounding Area

Newcastle upon Tyne is one of the largest cities in England and is located in Tyne and Wear. The pub is situated in the city centre of Newcastle and has many tourist attractions including the Tyne Bridge, Discovery Museum and St James Park – the famous Newcastle United football ground. The pub is surrounded by a number of amenities including shops, restaurants and the train station, which is only a short distance. It is also a in key location on the famous Newcastle Circuit close to the Bigg Market.

Similar searches: Pubs and Bars, Newcastle Upon Tyne