SEVEN STARS SHINCLIFFE VILLAGE DURHAM Seven Stars, High Street North, Shincliffe, Durham, , DH1 2NU

At a glance Your agreement: Retail Partnership Tenancy

Potential turnover: £472,000

Guide Rent: £41,000 per annum

• Can accommodate up to 90 covers • Recently re-decorated to a high standard • Seven en-suite letting rooms • One bedroom private accommodation • Discounts of up to £220 per barrel with an average of £180 per barrel

To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on: Overview of Seven Stars The Seven Stars pub is situated in the rural and affluent village of Shincliffe 03333 20 00 36 around three miles from Durham city centre. The pub comprises a 60 seater a la carte restaurant, a small snug bar and seven en-suite letting bedrooms. This [email protected] vacancy provides an excellent opportunity for an experienced couple to drive the business forward. The pub has recently been redecorated in all trading areas to a high standard. The Seven Stars has a comprehensive kitchen which provides for both call order and a la carte operation. Regional Manager's thoughts on Seven Stars

The Seven Stars is a beautiful property and a strong business which requires an experienced publican to keep abreast of the multi-faceted opportunities provided at this pub. With en-suite letting rooms, a restaurant, solid wet trade and good local support, this unique pub can be grown by continuing with the high retail standards which have been established across the operation. Phil Preston, Regional Manager

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Indoor trading area Key features The cosy lounge is decorated to a high standard, with carpeted floors, wooden tables and a combination of fixed bench seating and loose chairs for around 20 covers. A fireplace at one end of the room adds to the homely feel, whilst water 1 Private Bedroom jugs hanging from the ceiling and art on the walls add character. The wooden bar servery hosts several cask ales and international brands. The large restaurant is decorated in a more contemporary style than the lounge and is split into two ü Cask Ale sections, with one part doubling up as the hotel lobby, and the rest of the space accommodating up to 68 customers. A private wood-panelled dining room has a tiled fireplace, carpeted flooring, and can comfortably seat six people. The fully ü Trade Kitchen equipped trade kitchen is of a good size and ideally placed to produce a high quality menu created with choice ingredients. The one twin and six double rooms are all en-suite, individually decorated to a good standard and have freeview ü Restaurant television, Wi-Fi, and tea and coffee facilities. Outdoor trading area ü Letting Rooms To the front are eight small tables which provide guests with a great spot to bask in the warm weather whilst debating what to eat from the menu. ü Beer Garden Your living accommodation ü Live Sports The private accommodation comprises one bedroom. Our proposed agreement - Tenancy Location Potential turnover The rear of the pub is highly £472,000 per annum visible to passing trade on the A177, whilst the front of the This is our estimate of the potential annual turnover of the pub business. It does property is pretty and peaceful. not include the financial benefits of any living accommodation, which you will The affluent village of Shincliffe is need to consider. less than two miles away from Durham city centre, Durham Partnership terms University and Durham Castle, Guide Rent: £41,000 per annum, payable weekly in advance. while the larger village of is just half a mile away. Based on discount scheme PARTNERSHIP BAND L.

The proposed agreement: Retail Partnership Tenancy Local competition Key terms available online here Avenue Inn, Avenue Street, We will also discuss your purchasing options (Wines, spirits, cask, minerals and Durham, DH1 2PT (0.54 mi) flavoured alcoholic beverages) which you can choose all, a combination or none. New Inn, Church Street Head, Tie release fees will apply. Durham, DH1 3DN (1.22 mi) Victoria Inn, Hallgarth Street, Estimated capital start-up Durham, DH1 3AS (1.27 mi) £20,250 (excl VAT) Queens Head, Sherburn Road, Often referred to as ingoing costs. Includes stock & glassware at valuation, cash Durham, DH1 2JR (1.30 mi) float and a deposit (calculated as 25% of £41,000), refundable at the end of your Court Inn, Court Lane, Durham, agreement dependent on your account being in good order. Up to two weeks DH1 3AW (1.32 mi) rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent. Estimated fixtures & fitting value £25,000 (excl VAT) To be discussed with the Regional Manager Rateable value £32,500

For enquiries, call or email the team on:

03333 20 00 36 [email protected] - For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search Uniform Business Rate April 2018 49.3p () 51.4p (Wales). To establish the rate payable, please contact the relevant Local Authority.

For enquiries, call or email the team on:

03333 20 00 36 [email protected]