Run a Stonegate Pub - Philadelphia Houghton Le Spring, Tyne and Wear

About the Pub

The Philadelphia is situated on a main road with significant levels of passing trade and is the hub of the local community. With a large dining lounge, a games room and a well-equipped trade kitchen, there is fantastic scope to develop a great pub business. To the front of the pub, there is a large external trading area that has recently been upgraded to a high standard. The pub would benefit from an experienced publican who can develop a strong food menu and can not only interact with the existing customer base, but also develop lasting relationships with new customers.

Business Information

Agreement: Retail Partnership Tenancy
Capital Startup: Est. £13600
Fixtures / Fittings: Est. £12000
Guide Rent: £12000 pa
Potential Turnover: £262000 pa

Regional Manager's Thoughts

The Philadelphia is great community pub with a strong wet and food trade. There is a fantastic opportunity to develop the food side of the pub business, with a traditional pub menu. I am seeking an experienced publican, preferably with local knowledge and a good grounding in catering.

Surrounding Area

Houghton-le-Spring is a town in County Durham, which has its recorded origins in Norman times. It is situated almost equidistant between the cathedral city of Durham, seven miles southwest and Sunderland about seven miles northeast. The pub is located on the main road through the town and is only a short distance from other local amenities, whilst also benefiting from good transport links.

Similar searches: Pubs and Bars, Tyne and Wear