Licensee - Bishop Auckland
Station Hotel - Bishop Auckland
Ingoing Costs: £9,046
Annual Rent: £13,750
Annual Turnover: £260,323
Available on our Business Start-Up Agreement with a Support Package to the value of £10,827.40, the Station Hotel is a traditional pub located on a busy street in Bishop Auckland surrounded by local shops and businesses.
The Station is 100% wet led and opportunity lies in developing its reputation locally by focusing on traditional hospitality and introducing a calendar of events that will keep locals coming back. There is also an opportunity to introduce a simple back bar food offer.
Easy to run, the Station Hotel would be an ideal pub for an individual or for a first time lessee. Star Pubs & Bars has a comprehensive "Innside Knowledge" business skills course, plus follow up support to get you started.
Available on our Business Start-Up Agreement with First Year Support Package, support for this pub includes:
- Manage your risk: 3 year fixed term agreement that you can terminate at any time on three months' notice
- Reward for success: additional discount of standard bitter, lager, cider and premium lager of £15 per barrel. 75% machine income to the value of £1,651 and rent reduction in year 1 of £5,676 bringing the rent to £8,074 per annum
- Reward for high standards: financial reward for achieving high retail standards to the value of £4,000
All quoted figures are based on Star Pubs & Bars FMT rent model and the support package will be reviewed on an annual basis.*
The private accommodation consists of four bedrooms, lounge, kitchen and bathroom and where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.
Please be aware that all trading documents inclusive of the full Rent Model, Schedule of Conditions, Schedule of Works, Energy Performance Certificates etc are available directly from the Star Pubs & Bars website.
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.