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Public house for sale in Consett

7 Manor Road, Consett, County Durham, DH8 6QN | Ref: 92133
For sale
£375,000 Offers In Region Of
sidney-phillips
This property is marketed by:
Sidney Phillips

Key Features

  • Superb village pub, noted for its food
  • Detached stone built pub
  • Four bedrooms over lounge bar & dining areas
  • Car park to the front, beer garden to the rear
  • Well equipped catering kitchen
  • Immaculate condition throughout

Location

Medomsley is a very attractive village in the north-west of County Durham, approximately 4 miles from Consett and bounded by Ebchester, Burnopfield, Annfield Plain and Stanley. The Royal Oak overlooks Manor Road, the B6310, which is a very busy and popular route, running through Medomsley on the way to and from north-west Durham. Consett is nearby and is a much larger town with a population of around 25,000.

The Business

The pub is operated by a husband and wife team with several full and part-time members of staff. Having built the business up after the lockdowns of 2020-21 our clients are looking to move on to their next challenge. 

The Royal Oak is mentioned in the Good Beer Guide from CAMRA and has a rating of 4.5/5 from TripAdvisor. 

The split on takings is approximately 50/50 but the pub is well known for its food offering and operates an ‘eat anywhere’ policy with dining for around 60 in the two areas with more outside on pleasant days. The overall GP is around 60%.

Tenure

FREEHOLD £375,000 to include fixtures, fittings and goodwill. Stock at valuation in addition. 

No direct approach to be made to the business; please direct all communications through Sidney Phillips. 

Viewing strictly by appointment only.