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(REF: 2889)  Popular Community Public House in Ferryhill County Durham
 
Seller Reference: 2889
B4S Reference: 31857
Asking Price: £220,000
Net Profit:
Sales Revenue: £125,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Ferryhill, Durham, United Kingdom
  Business Summary   
  Preferred Commercial is pleased to offer for sale this popular community public house which was established in 1872 and which has been in our clients' hands since 2007, The business operates as a traditional public house and is renowned for its real ales, cask ales and Sunday lunches. The business won the North East CAMRA Real Ale Pub of the Year in 2010 and was the Durham CAMRA Real Ale Pub of the Year for 2010 and 2011. The Surtees Arms also features in the Good Beer Guide and is cask marque accredited. The business boasts a bar, lounge, dining room and function room and generates a turnover in the region of £125,000 per annum with a gross profit of 56%. A new owner could increase turnover by extending the opening hours, and offering food all week. There is also scope to promote the function room. The pub is host to darts and dominos teams, Leek Club and offers regular entertainments with quizzes, live entertainment, beer festivals and barbecues. The property benefits from 2-bedroom owners' accommodation. We feel this is an ideal opportunity to acquire a popular community and real ale public house. Early viewing, arranged through Preferred Commercial, must come highly recommended.
  Property Information   
  Property: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 2-storey public house situated in a prominent corner location. Briefly comprising:

Ground Floor
• Bar with seating for 40, L-shaped bar servery with 10 points of dispense and electronic cash register, small stage area and large screen projector
• Lounge with seating for up to 40, bar servery with 11 points of dispense, double door drinks chiller and pool table
• Restaurant area with tables and chairs for 30 covers and feature double sided open fire
• Ladies WCs
• Gents WCs
• 5 star rated commercial kitchen with 9-pot Bain Marie, stainless steel preparation surfaces, 2 x fryers, grill, 6-burner hob and oven, extraction system, wash up area, dishwasher, 2 x chest freezers, 2 x refrigerators and microwave oven

Lower Ground Floor
• Multi-room air-conditioned beer cellar

First Floor
• Function room with small L-shaped bar with 7 points of dispense, electronic cash register, tables an chairs, small dance floor and ladies and gents WCs
• Owners' accommodation comprising lounge, kitchen/diner, newly fitted bathroom and 2 x bedrooms

External
• Large yard to rear with space for 3 cars
• Outbuildings
• Smoking area
 
  Location: The Surtees Arms occupies a prominent corner trading location on the main road leading from the A1(M), 1.5 miles away, to the centre of Ferryhill. The business is surrounded by a popular residential area with a local school close by. Ferryhill was historically a colliery town and is now popular with small businesses. The area is easily accessible being just 8 miles south of Durham and 14 miles northwest of Middlesbrough.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon - Thurs: 4.00pm - 11.00pm
Fri: 4.00pm - 12.00am
Sat: 12.00pm - 12.00am
Sun: 12.00pm - 11.00pm





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