Summary - ALBION HOTEL VICTOR STREET SUNDERLAND SR6 0EN
1 bed 1 bath Pub
Well-supported business near the Stadium with garden and growth potential.
Long-established wet-led community pub with loyal local following
A long-established, wet-led freehold with reliable annual turnover and strong local support, offered at £250,000. The business reports annualised net turnover of c.£167k and adjusted net profit c.£70k (year ending March 2023). The property is large (approx. 9,056 sq ft) with two trading areas, sizeable beer garden, basement cellar and upstairs living accommodation.
This site suits an owner-operator seeking an immediately trading community pub close to the Stadium of Light and Sunderland University, or an experienced operator/multi-site group looking to expand. The business is free of tie with a full premises licence and most fixtures and fittings are included, subject to inventory. There is scope to increase trade through events, promotions, or expanded food/service offer.
Buyers must note material local factors: the wider area is classified as outer-city hardship with very high crime and very high area deprivation, and the surrounding neighbourhood includes student districts. These factors influence trading patterns and risk, and may affect staffing, insurance and refurbishment priorities. The property is described as well maintained but will suit a buyer prepared to operate in a challenging urban market.
Practical selling points: excellent mobile signal, fast broadband and a modest rateable value (RV £2,950). Trading accounts and barrelage details are available to seriously interested buyers on request.
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