Traditional country pub in Durham with excellent reputation comes to market through Christie & Co
Specialist business property adviser, Christie & Co has been instructed to market The Royal Oak, a country pub in the attractive village of Medomsley, in Durham.
This traditional, free-of-tie pub is highly popular among village locals and residents of North West Durham, for its wide food and drink offering. Boasting a huge beer garden area, dining area, and drinks space the pub has an impressive 4.5/5 TripAdvisor rating and has been mentioned the Good Beer Guide from CAMRA.
The Royal Oak has been owned and operated for the last six years by husband and wife team, Lynsey and James Hogarty, who together with their staff have built an excellent reputation for the pub. The couple comment, “After six years of running the pub we feel now is the right time to take it to market as new ventures await. Marslie approached us some months ago to tell us about a number of other pubs Christie & Co had sold in the North East recently and we felt that she is the best agent to represent us in the sale. Customers should be reassured that it’s business as usual until we do sell, and that we remain open and very busy!”
This is an excellent opportunity for an experienced licensed operator to acquire a busy pub with a fantastic reputation for food, as well as a strong local drinking trade. Equally, the property may appeal to an investor looking to let the premises to an operator.
Marslie McGregor, Business Agent at Christie & Co who is handling the sale, comments, “I am very excited to bring to market The Royal Oak, Medomsley. The current owners have built the business to the success it is today; one of the area’s most popular and well-known venues serving quality, locally sourced food and drink. We expect much interest in this property and look forward to finding a buyer. The successful purchasers will be inheriting not only a well-loved village pub, but one with a healthy and consistent level of trade.”
For further information on this press release, contact:
Niamh Toman, Junior Corporate Communications Executive
P: +44 7768 646 984 or E: Niamh.toman@christie.com
Contact the agent:
Marslie McGregor, Business Agent – Pubs & Restaurants
P: +44 7813 072 460 or E: marslie.mcgregor@christie.com
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