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Coach and Horses, £ 16,000, Tenancy

£ 16,000
Tenure
Tenancy
Description
The Coach and Horses is a popular pub in the Priestpopple area of Hexham. Owned by Punch Taverns until December 2017, Admiral Taverns are seeking a quality partner to rejuvenate this pub. Currently we are drawing up plans with a view to a large-scale refurbishment to bring out the undoubted potential of this exciting venue. Hexham is home to a high level of aspirational commuters who reside here owing to easy access to the City of Newcastle. Additionally, the town is popular during the summer with walkers, cyclists and tourist all looking for a town centre base for their activities in the beautiful Northumberland countryside. This is a unique opportunity in a sought-after area for an entrepreneur or multiple licensee to take over this excellent pub and develop a bar, restaurant, hotel business of real sustainability in one of Northumberland's largest towns.

Pub Layout

The current offer is split neatly into three. There is a main bar offering live entertainment, quiz nights and an extensive Beer range.The right-hand side of the pub houses the main bar which moves out into the courtyard area which is spectacular in its current condition. Across the courtyard is the restaurant and commercial kitchen. To the rear of the pub through an alleyway (which houses tables and chairs for outside undercover drinking and dining) is a large beer garden which again works well now but could have fantastic potential fully developed by a top-level brand coupled with quirky features. Upstairs are five letting rooms that are oversubscribed between April and September. Additionally, there is a disused space that can be converted to achieve another 5-7 rooms depending on size and layout.
Country
England
County
Northumberland
Town
Hexham
Under Offer
No
Post Code
NE46 1PQ
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