Run a Stonegate Pub - Greyhound Jarrow, Tyne and Wear

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About the Pub

The Greyhound is a large traditional community pub located in the Hedworth area of Jarrow circa six miles south west of central South Shields. The pub offers a bar with a separate games area for pool and darts, a lounge area and separate function room which are all decorated in a traditional style. The pub does not currently offer food but has a small but adequate catering kitchen with all the equipment necessary to support the type of food offer that is thought likely to be successful. Externally, the pub has a large car park to the front and a large enclosed grassed beer garden to the rear, which can also be accessed from the bar and function room. The pub has a big screen, to showcase football and sporting events and also plays host to pool and darts teams and has a popular quiz night. This is a fantastic opportunity for an experienced publican to take this pub to the next level.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £12350
Fixtures / Fittings: Est. £20000
Guide Rent: £29500 pa
Potential Turnover: £416000 pa

Regional Manager's Thoughts

The Greyhound offers a fantastic opportunity to the right publican. This is an excellent pub which needs a genial host/hostess to develop the existing offer and explore other profit opportunities. The Greyhound would suit an operator with some pub experience and catering skills, although practical training can be given to fill any gaps. It is a traditional community pub and the newly appointed publican will need to get involved with the sports teams and the local community in order to take this pub to the next level. The development of an appropriate food offer, the separate function room and the excellent beer garden, all add to the potential for developing this business in the longer term.

Surrounding Area

The Greyhound is located in a fantastic residential area approximately six miles South West of central South Shields. Situated on a prominent position overlooking a large well-kept grassed area in the centre of Hedworth, a short distance from Jarrow town centre. There is a small local shopping area nearby and the pub has good transport links being on a bus route and not far from the Fellgate Metro station.

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