Summary - The Wasps Nest Calvert's Ln, Stockton-on-Tees TS18 1TB TS18 1SB
1 bed 3 bath Pub
**Standout Features:**
- Prime location in a high foot traffic area, near the Hilton Hotel.
- Established business with a strong customer base, including hotel guests and corporate professionals.
- Spacious layout featuring two main bar areas and outdoor seating.
- Fully licensed premises allowing for a broad range of trading activities.
- Affordable leasehold price of £49,950 with annual rent of £15,600.
**Potential Concerns:**
- High crime rate in the local area may affect customer perception.
- Property located in a deprived neighborhood, potentially impacting business performance.
**Property Summary:**
Discover a lucrative opportunity with The Wasp's Nest Pub, ideally located on Calvert's Lane in Stockton-on-Tees. With £49,950 for the leasehold, this thriving establishment is poised for growth due to its prime location near the Hilton Hotel and Church Road, attracting both affluent guests and local professionals seeking an upscale social venue. The spacious layout, including two main bar areas and outdoor seating, is perfect for private events and expansion of the menu, enhancing footfall and profitability.
While the area does feature a high crime rate and is considered deprived, the reputable clientele and established brand offer a solid foundation for any aspiring business owner. Explore the potential today—experience the busy atmosphere firsthand, and envision the possibilities for this classic Georgian pub rich with charm and character. Don't miss out on this chance to own a popular local pub with significant business potential!
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