Rent £48,500 per annum This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Rates Payable Upon Enquiry

Service Charge £3,293 per annum The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.

EPC Rating This property has been graded as D (97)

Description

Upon entry, guests are greeted by a covered hall featuring comfortable seating and soft furnishings, leading to the spacious beer garden and the separate Stable Bar (outdoor bar) at the rear.

The beer garden boasts several wooden benches and small iron tables with chairs, all within a fenced area, enhanced by charming festoon lighting. Additionally, the covered alleyway contains more wooden benches, further establishing this venue as the only beer garden in Hexham.

To the right, the cosy bar area is characterised by a mixture of tiled and wooden flooring, with the galley-style bar serving as the central feature, next to the hotel reception. This area also offers low-level bench seating and loose chairs by large windows, providing views of the high street. Opposite the bar, 3 poseur tables with high stools are perfect for vertical drinking, complemented by a bay window overlooking the foyer. At the far end of the bar, a snug area offers a comfortable retreat, featuring carpeted floors, a blend of low-level bench seating and loose chairs, a dartboard and a TV.

On the left, a separate lounge area provides flexible space that can serve as a function room, seating around 50 people. Currently used as a dining area, this space features folding doors that open to the main street during warmer weather. The venue also includes a full commercial kitchen and prep area.

The Coach & Horses benefits from 6 en-suite letting rooms, all recently upgraded to a mid-market standard, offering comfortable accommodation for guests.

Also due to the location on the main street, the pub also holds a paving license for outdoor seating, with an expanded paved area at the front.

Terms

£48,500 per annum. This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Trading Style

The pub is currently trading strongly, with over 50% of income coming from wet sales—particularly draught beers, wines and spirits. The amusement machines (bandits) are also a solid revenue stream, contributing to the overall success of the operation. The letting rooms perform well during peak times like Christmas, Easter and Summer, and continue to be a reliable source of income throughout the year. However, the traditional pub food offer faces strong competition on the high street, and an overhaul could significantly enhance the pub’s appeal. Updating the menu to stand out from nearby competitors could help draw in new customers whilst retaining loyal customers. The key will be to balance the successful wet sales and entertainment side of the business with a re-vamped food offer that complements and enhances the pub’s identity, making it a destination not just for drinks and gaming, but also for great food. By doing so, the pub can strengthen its position against the competition and provide a more rounded experience for customers, ensuring it remains a vital part of the high street.

BDM Vision

This is a fantastic opportunity for someone looking to step into a high-potential pub business, expand its offerings, make a significant contribution to the local community, someone who is an experienced and is looking to take charge of this thriving pub in a prime high street location. The pub has recently seen a significant investment with the pub offering three distinct income streams, making it a promising business for the right person. Admiral Taverns are looking for a dynamic, engaged licensee who can make the most of these income streams. The ideal candidate will have prior experience running similar operations and be a highly skilled licensee with a strong background in catering. Local knowledge or familiarity with the area will be beneficial for building strong ties with the community. The successful candidate will be proactive in promoting the pub, with an essential focus on marketing and social media. This will help drive business through effective promotion of the letting rooms, pub events and fostering a sense of community. A community-first approach, paired with engaging activities and a solid online presence, will help maintain the pub’s place as a key social hub, attracting both regulars and new customers. Additionally, expertise in catering is critical to maximising the pub’s potential. A no fuss food offering, such as tapas or pizza, or exploring emerging culinary trends, will resonate with the clientele and enhance the overall dining experience. The key will be to balance the successful wet sales and entertainment side of the business with a re-vamped food offer that complements and enhances the pub’s identity, making it a destination not just for drinks and gaming, but also for great food. By doing so, the pub can strengthen its position against the competition and provide a more rounded experience for customers, ensuring it remains a vital part of the high street.