Run a Stonegate Pub - Mitre Stockton-on-Tees, Durham

About the Pub

The Mitre is situated close to the large housing estate in Stockton where many new properties are being built in the local area. The main customer base consists of locals from the surrounding area who seek lunch and evening time food. The Mitre is a large one room operation with separate trading areas split by different levels, internally decorated to create a traditional, cosy feel. There is plenty of character to attract the local community with pub games and Sky TV to accommodate sports enthusiasts. The unique dining area lends itself to a number of different food options as there is a large trade kitchen with the capability of developing a substantial food offer. To the front of the pub is a patio area and beer garden with seating and a covered smoking area, popular with the community during the summer months. Following this, to the rear is a large car park provides space for approximately 50 vehicles, is well lit and benefits from CCTV, allowing individuals from the surrounding to visit for a bite to eat. The Mitre benefits from a two-bedroom accommodation, with a lounge and kitchen, ideal for a couple or small family. Stonegate Pub Partners are seeking a strong licensee with high operational standards and catering experience to develop and expand the current food offer.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £13100
Fixtures / Fittings: Est. £35000
Guide Rent: £24500 pa
Potential Turnover: £477000 pa

Regional Manager's Thoughts

The main customer base is from residents of the surrounding villages who are attracted to the lunch time and evening food offer. The pub is family led and food driven, so it is important to create a good pub food environment and offer traditional pub facilities such as a games and separate Sky TV area. The Mitre requires an experienced publican with high standards, catering experience and the ability to meet the needs of local community.

Surrounding Area

The Mitre is surrounded by a large housing estate with plenty of nearby facilities such as a large Tesco. The pub is located within Stockton on Tees and is close to the popular villages of Redmarshall, Carlton, Bishopton and Thorpe Thewles and is only seven miles from Darlington, allowing it to gain plenty of passing trade from the surrounding local communities.

Similar searches: Pubs and Bars, Stockton-on-Tees