COPT HILL Copt Hill, Copt Hill, Houghton Le Spring, , DH5 8LU

At a glance Your agreement: Retail Partnership Tenancy

Potential turnover: £421,000

Introductory Rent: £15,000 per annum

• Function room for private hire • Two-bedroom private accommodation • Great location overlooking scenic views • Discounts of up to £200 per barrel with an average of £160 per barrel

To talk to someone about this opportunity or for any general enquiries call or email the recruitment team on:

Overview of Copt Hill 03333 20 00 36 The Copt Hill is a stylish and modern located on the edge of the Houghton [email protected] Le Spring and just a short drive from . The pub is a large detached building situated at the top of a hill with beautiful open views over the valley and nearby gold course. The luxury with this pub is that all internal areas are distinctly separated for different purposes. There is a bar area, restaurant area and a function room making this a multi-revenue business. The pub is plotted on an excellent size of land offering a two-acre beer garden and a large car park with space for 60 vehicles. There is attractive housing surrounding the pub giving the new publican the opportunity to build on its relationships with the locals. With the nearby sites there is also scope for passing trade making this a destination hotspot. We are seeking an experienced publican with the skills and flair required to develop this exciting business opportunity.

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Regional Manager's thoughts on Copt Hill Key features The Copt Hill is a fantastic multi revenue business in a beautiful location. With its close proximity to Houghton Le Spring and , this pub is ideally placed to attract those looking for a quality food offer at a good price and is a pleasant ü Cask Ale place to meet friends and family. The new publican will need to be experienced in putting together a good pub menu and have the personality needed to integrate with the locals, whilst marketing the pub to attract those from further afield. ü Trade Kitchen Kevin Shears, Regional Manager ü Restaurant Indoor trading area The Pub has three separate trading areas, each with a distinctive use. The ü Live Music lounge is a raised area with a central bar server, comfortably accommodating over 40 covers; this is an ideal space to enjoy a relaxing drink with friends. The restaurant is to the back of the pub with approximately 55 covers, this area is ü Parking smartly decorated with uniform chairs and tables. The large windows provide a good amount of light and beautiful views of the rolling hills and surrounding countryside. The third trading area is a large function room located on the ground ü Beer Garden floor with its own separate entrance. This room can hold approximately 100 guests and has its own bar servery, making it a popular venue for weddings and Function Room family parties. The well-equipped trade kitchen is conveniently located next to the ü function room but also has good access to the restaurant and lounge. Outdoor trading area 2 Private Bedrooms The pub has a beautiful beer garden made up of two acres of green fields with beautiful views over the cities of Durham and Sunderland. There is also a BBQ pit and an enclosed, heated smoking solution. At the front of the pub is an Location outdoor seating area that accommodates over 24 covers and a large car park to The pub is situated just outside of the side of the pub provides spaces for 60 vehicles. Houghton le Spring on a main road into the town. It is in a largely rural setting, surrounded by fields but is close to the A19 and A690, Your living accommodation the main roads that connect Durham and Sunderland. Local The private accommodation is well presented and complete with two bedrooms, landmarks include two National a lounge and a kitchen. Trust sites; Monument and , a few Our proposed agreement - Tenancy miles further away are Sunderland Empire Theatre and Sunderland Potential turnover football ground. £421,000 per annum This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will Local competition need to consider. Burn Inn, Hetton Road, Houghton Partnership terms Le Spring, DH5 8JN (0.65 mi) Introductory Rent: £15,000 per annum, payable weekly in advance. Three Tuns, Houghton Road, Houghton Le Spring, DH5 9PN Based on discount scheme PARTNERSHIP BAND K. (0.67 mi) This pub needs personal investment of time, effort and skills to realise its Wild Boar, Frederick Place, potential. Our vision for this pub is a business capable of sustaining a rent of Houghton Le Spring, DH4 4BN £25,000 per annum. (0.77 mi) The proposed agreement: Retail Partnership Tenancy White Lion, Newbottle Street, Houghton Le Spring, DH4 4AN Key terms available online here (0.83 mi)

We will also discuss your purchasing options (Wines, spirits, cask, minerals and Britannia, Newbottle Street, flavoured alcoholic beverages) which you can choose all, a combination or none. Houghton Le Spring, DH4 4AL Tie release fees will apply. (0.84 mi)

For enquiries, call or email the team on:

03333 20 00 36 [email protected] Estimated start-up £15,250 (excl VAT) Often referred to as ingoing costs. Includes stock & glassware at valuation, cash float and a deposit (calculated as 25% of £15,000), refundable at the end of your agreement dependent on your account being in good order. Up to two weeks 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 £15,000 (excl VAT) To be discussed with the Regional Manager Rateable value £26,250 - 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]