Union
Hassell Street, Newcastle, Staffordshire, ST5 1AD
- Lively Town Centre Venue with Late License
- Popular with both Daytime Drinkers & at Night Younger Revellers
- Live Music/ DJ at Weekends
- On Main Town Centre Circuit
- Appeals to Students in area near to local college
- Potential to Re-Introduce Food Offering
- Experienced Town Centre Venue Operator with Strong Character Required
If you require further information, please call Caroline Devitt on 0844 848 3241
Overview
An attractive and lively modern venue in heavy footfall pedestrianised area in town centre of Newcastle.
Trading areas
The Bulls Vaults comprises an open plan split level trading area and a full catering kitchen- although does not currently have a food offer there is potential to re-introduce this.
Private Accommodation
Three bedroomed living quarters available.
Customer Base
Having a split customer base the Bulls Vaults appeals to shoppers and older daytime drinkers by day whilst at night the venue becomes one of the pubs on the circuit having a late license with live music/ DJ's at weekends popular with revellers and appealing to students in the area being close to the local college. Previously the pub has been sports orientated with SKY tv screens showing live football- this is also something a new operator may want to re-introduce here to continue to build trade.
Successful Applicant
The Bulls Vaults needs an experienced town centre operator with a strong character to drive and maintain both trade and standards.
Ingoing Costs
Ingoing costs will vary per outlet but will include:
- Fixture & Fittings
- Stock & Glassware
- Business Deposit
- Training & Business Development Fee
- Working Capital projection
Training & Development Provided
Introduction to Marston's Pubs Workshop is a comprehensive 1 day workshop to help prepare you to take over your Pub and get off to a flying start.
Dedicated Business Development Manager to assist and guide you should you need it.
Support we give you
- Bi-monthly Business and Finance Review Meetings
- 3rd Party Stocktakes
- 3rd Party Accountancy Support for the 1st year
- Marketing & Sales support
- Barrelage Pricing Deals
- Business Development including award winning training courses
- Customer services team
Marston's Statement
In many instances, our pubs sit at the heart of the community and are located right across the UK. Our portfolio includes locals, destination food led, rural community/food led, town centre and those with letting rooms. Varying in style and size, no two Marstons pubs are the same except for the fact they serve quality Marston's beers and our licensees are partnered with a company with history, heritage and tradition. The agreements on offer are tailored to suit the pub, suit the operator and reflect the market conditions. As life changes, so does Marston's. You're offered help and support in every area of your business as we want to help you be successful. Running your own pub business is challenging and hard work but the rewards can be immense. It's your business, your home and your social life rolled into one.
Misrepresentation Act 1967
These marketing particulars are provided as a general guide to the property.
Misdescriptions Act 1991
These particulars shall not form part of any offer or contract and no guarantee is given as to the condition or the accuracy of its description.
An intending tenant or lessee is not to rely on any representation made in these particulars and must satisfy themselves as to their own investigations before entering into contract.
All measurements, areas and distances are approximate only.
Please note that Marston's Pub Company give no assurances or warranty, either expressed or implied, so far as the previous trade is concerned and any prospective tenants/lessees must rely on their own advise and opinion as to the trading potential of this property.
The vitals...
| Guide rent | £25,000 |
|---|---|
| Rates payable | £12,864 |
| Training fees | £700 |
| Working / investment capital | £10,000 |
| Security deposit | £6,250 |
| Stock & glassware | £5,000 |
| Fixtures & fittings | £8,715 |
| Capital requirement | £20,001 - 25,000 |
| Category | Community (Wet led) |
| Agreement | Pathway Tenancy |
About the area...
