5-Star Rated George Pub & Grill on High Street, Stockton up for Sale, Seats 54, Expansion Potential
Stockton on Tees, County Durham
- Status
FOR SALE
- Date Submitted:
29/08/23
- Advert ID
518775
- Reference
196662854 / Rightbiz
- Call Agent:
- Leasehold: £29,999
- Rent: £18,000
- Turnover: On request
- Net Profit: On request
Business Details
Business For Sale; The George Pub & Grill, High Street, Stockton, TS18 1BD
Business For Sale; The George Pub & Grill, High Street, Stockton, TS18 1BD
Parker Barras is pleased to bring to the market this well-known Pub, situated in the heart of Stockton Town Centre.
The business boasts a 5-star food hygiene rating and is well known for its Sunday Lunches and eating challenges. It was fully refurbished within the last few years.
The owner is a well-known vlogger by the name of Dad Loves Food and his vlogging takes him all over the world. He has reluctantly decided he can no longer afford the time required to run The George Pub and Grill.
The business currently only opens Sunday offering traditional Sunday lunch between 12 – 5 for eat in / collection / delivery and average sales are £3,000 per week.
The property is in good decorative order throughout and has a well-equipped spacious kitchen, prep area and storage.
Internally the pub can seat 54 with ample room to add more seats if required.
Plenty of options to increase trade or change the offering, increasing opening hours, offering to show the sports, introducing live entertainment.
The property will be offered on a new lease for a term to be agreed at a rental of £18,000 per annum
The property benefits from small business rate relief meaning it can qualify from an exemption if you meet the criteria.
Business for sale £29,999
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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