Run a Star Pub - Hope & Anchor Greatham - Hartlepool

Pub Overview

The Hope & Anchor is a popular high street pub in the village of Greatham, situated very close to Hartlepool. It is situated near to other local businesses on the main thoroughfare through Greatham. The village has a traditional feel and is mainly occupied by professional couples and families. New housing development is due to be built in the village which will boost the population and create an excellent opportunity to increase footfall.

The offer

Available on our foundation tenancy agreement. The potential of this pub lies in developing a strong food & drink offer. What food & drinks would you look to implement in the pub? It offers a selection of popular beers, ciders, wines and spirits and a pub classic menu.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring. The right operator for the pub will have extensive experience in a high street hospitality business. They will have a clear vision for their food & drinks menu and marketing strategy and can create a memorable experience for their customers.

Features

• Catering Kitchen
• Foundation Tenancy
• Car Park
• Outdoor Trade
• Private Accommodation

Trading Area & Facilities

• Main trading area with bar
• Separate dining room
• Catering kitchen
• Function room
• SmartDispense
• Outdoor trade
• Car park

Private Accommodation

The private accommodation is of a good size, suitable for a family. It consists of 3 bedrooms, kitchen, bathroom, and lounge. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade Promise.

Pub Financials

Estimated Total Ingoing Costs: £31,249

Estimated Minimum Ingoing Costs: £11,750

Annual Rent: £26,994

Estimated Annual Turnover: £415,314

Deposit: £6,749

Estimated Fixtures & Fittings Value: £15,000

Estimated Stock Valuation: £6,000

Estimated Working Capital: £3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

Downloads

• Demographics Report
• Energy Performance Certificate

#J-18808-Ljbffr