Public House for Sale

PUBLIC HOUSE FOR SALE

Blacksmiths Arms, 200 High Street, Gosforth, Newcastle upon Tyne, NE3 1HD

• FRI lease @ £30k pa with £360k net T/O • EPC Rating D82 • Total size of 289m² (3,110ft²) • Very popular wet only Sports / Music bar Offers around £70,000 - Leasehold • Live music at weekends • Reluctant retirement sale due to ill health

LOCATION PRICES AGENTS NOTES Gosforth is to the North of Newcastle on the old A1, a former coaching Inn route. Known locally The prices per pint are Carling £3.30; Fosters £3.55; Coors £3.70; John You may search our company website www.bradleyhall.co.uk for details of all our as an up-market area, the pub is located in the High Street and is very popular with shoppers, Smiths £2.85; McEwan's Scotch £2.80; Moretti £4.20; Real Ale (one hand current instructions. office and retail workers through the week days and becomes a circuit pub at the weekends. It pull) £3.05; Woodpecker Cider £3.60; Carling Cider £2,90; Stones Best Bitter In accordance with the Code of Leasing Business Premises: England and Wales the operates wet only, and is known for TV sport and live music at weekends. £2.70; with a 25ml measure of spirits £2.30 with selected doubles @ £3.45. landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed. DESCRIPTION Regular stocktakes can also be made available to genuine interested parties An end-terraced property, traditionally constructed over two floors in brick and stone, under following viewing. A copy of the Code of Leasing Business Premises: England and Wales can be obtained pitched slate roofing. at www.leasingbusinesspremises.co.uk or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806. EPC RATING An entrance vestibule off the frontage leads into an open plan lounge bar with the attractive D82 bar servery, running along the right-hand side wall. The pub is very popular with the sporting fraternity having 6 TV’s high up on the walls surrounding the room. To the rear is a games area TERMS with a pool table. The room is attractively decorated and enjoys an excellent reputation for a The subject property is available by way of Leasehold assignment with a guide good pint. It is also popular with live music when bands are playing at the weekends. price of £70,000 (Seventy Thousand Pounds) to include goodwill and fixtures & Fittings Plus SAV on the changeover day There is a traditional basement cellar accessed from a doorway close to the bar servery. It is serviced by a twin-fan overhead chiller and deliveries are made via beer drop. VAT All rents, premiums and purchase prices quoted herein are exclusive of The owner’s accommodation, situated on the first floor briefly comprises; 2 double bedrooms, VAT. All offers are to be made to Bradley Hall upon this basis, and where single bedroom, lounge, kitchen, small office and bathroom with three-piece suite. silent, offers will be deemed net of VAT.

ACCOMMODATION LEGAL COSTS Total 289m² 3,110ft² Each party is to bear their own legal costs involved in the transaction.

RATING ASSESSMENT MONEY LAUNDERING REGULATIONS Description RV Estimated Rates Payable In accordance with the Anti-Money Laundering Regulations the Public House and Premises £36,250 £17,798.75 Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income. IMPORTANT NOTICE We are advised that the rateable value of the premises as at 1 April 2017 is £36,250 and we Bradley Hall for themselves and for the Vendors or Lessors of this property whose agents they have estimated the accrual rates payable for the current year above. This is based on the VIEWING are give notice that: standard Small Business Rate of 49.1p in the pound. However, interested parties should For general enquiries and viewing arrangements please contact Jamie Wales at 1) the particulars are set out as a general outline only for the guidance of intending purchasers or lessees and do not constitute part of an offer or contract. confirm the current position with the Local Authority. Bradley Hall. 2) all descriptions, dimensions, references to condition and necessary permissions for use and occupation and their details are given in good faith and are believed to be correct but any TRADE Tel: 0191 232 8080 intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of Our vendors year-end is 5th April and in the 12 months to April 2019, the net sales were [email protected] Email: them. £368,241. The GP was £187,887 (50.77%). The pub trades with Enterprise and good barrelage 3) no person in the employment of Bradley Hall has any authority to make or give any discounts are given to the tenant. In the year ending April 2018, illness struck resulting in a representation or warranty whatever in relation to this property of these particulars nor slight downturn in sales of £337,661 with GP of £178,880 (52.98%). This is the sole genuine enter into any contract relating to the property on behalf of Bradley Hall, nor any contract on behalf of the Vendor. reason for this very reluctant sale. 4) no responsibility can be accepted for any expenses incurred by intending purchasers or lessees in inspecting properties which have been sold, let or withdrawn. Registered in England No. 6140702 1 Hood Street, Newcastle upon Tyne, NE1 6JQ

0.7 miles from South Gosforth Bus stops located on High 5 miles from Newcastle Metro Station 0.5 miles from Great North Street International Airport 0.4 miles from Regent Centre Road

Metro Station 1.7 miles from A167(M)

1 Hood Street, Newcastle upon Tyne, NE1 6JQ | 0191 232 8080 | [email protected] www.bradleyhall.co.uk