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Lively, friendly pub on offer; Commercial Property.

AFTER 25 years at the Rising Sun in Crawcrook, Gateshead, licensees Pauline Baxter and Brian Keating are looking towards retirement.

They have placed the leasehold interest in the business on the market with the Newcastle office of leading licensed property agents Christie + Co.

Originally a 17th Century stone cottage, converted and much extended over the years, the Rising Sun is situated at Bank Top, on a hill above the River Tyne and the main street of Crawcrook, close to the A695 and a few miles west of Newcastle.

The Rising Sun is a lively, friendly pub which is established as one of the most popular eating places in the area. The traditional bar is well known for its real ale and the conservatory-style restaurant serves a regularly changing menu of home-cooked food using fresh, seasonal ingredients.

The substantial, detached property occupies a sloping site with the public areas on the ground floor and the owner's accommodation to the rear over two floors. There is an open-plan lounge bar area to seat 80 customers, a separate restaurant to seat 80 diners, three-bedroom owner accommodation, a very pleasant beer garden with a patio to seat 40 customers and a car park for 20 vehicles.

Mark Worley of Christie + Co's Newcastle office said: "This is an ideal business for a catering couple who could exploit the already good standards to a new level."

Christie + Co is seeking pounds 50,000 for the leasehold interest in the Rising Sun, which is held on a 20-year lease from Enterprise Inns which runs until 2011 with a current rent of pounds 55,000 per annum. Tel: (0191) 222-1740.
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Title Annotation:Business
Publication:The Journal (Newcastle, England)
Date:Nov 29, 2008
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