Summary - THE WHEATSHEAF, 26, CARLISLE STREET NE10 0HQ
1 bed 1 bath Pub
**Standout Features:**
- Traditional wet-led community pub with historical Edwardian appeal, built in 1907.
- Spacious layout with approximately 50 seated covers and additional standing capacity.
- Includes 1-bedroom owner's accommodation, providing flexibility for living arrangements.
- Well-maintained interior featuring dark wooden furnishings and vintage decor.
- Located conveniently in Felling, Gateshead, around 0.5 miles from Central Gateshead and easily accessible via local transport.
**Summary:**
The Wheatsheaf, a striking wet-led community pub located at 26 Carlisle Street, Felling, presents an excellent investment opportunity. From its rich historical charm to its immaculate condition, this traditional pub caters perfectly to local patrons. It boasts a spacious bar area with seating for around 50 customers, creating an inviting atmosphere for social gatherings. The property additionally features well-organized facilities across three levels, including a basement cellar for supplies and an office space.
The first-floor owner's accommodation, with private access, consists of a well-presented one-bedroom flat—a viable option for leasing or personal use. Strategically positioned near the vibrant Gateshead town center and amidst complementary businesses, the pub thrives in a community setting that demands local engagement. With a steady turnover of approximately £179,000 and excellent potential to further enhance business under a new proprietor, The Wheatsheaf stands as a promising venture in the hospitality sector. However, prospective buyers should be aware of the area's high crime rate and consider the need for ongoing maintenance and upgrades. Secure this unique opportunity to become part of a cherished local establishment that has great potential for future growth!
Pub for sale in The Wheatsheaf, 26 Carlisle Street, Felling, Gateshead, NE10 0HQ, NE10 — £175,000 • 1 bed • 1 bath • 1474 ft²
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