A SOUTH Tyneside watering hole is up for sale with an asking price of £360,000.
The Trimmers Arms in Commercial Road, South Shields, has been put on to the market by Newcastle-based property advisors Christie and Co.
The three-storey building, which is still open to the public as normal from Thursday to Sunday, is said to be a good investment for music-lovers, as it is establishing a reputation for hosting live bands.
Tom Moyse, of South Shields, who has owned the pub for three years after buying it as an investment, said if he was younger, he wouldn’t be selling.
He said: “I am 63 and it’s getting too much. I had a tenant running it until about May this year, so it’s with regret I am letting it go.
“It has built up a very good reputation with big-name bands in the area. We don’t have to contact them, they ring us now, because they want to perform here.”
In September, Don Powell – one of the original members of Midlands chart-toppers Slade – flew in from his home in Denmark to play a one-off gig at the pub.
There’s already a string of bands booked in gigs up until April next year.
The pub has recently been refurbished and now comprises a bar with separate lounge/restaurant area.
There are also two revamped vacant apartments above it, both of which have a lounge/kitchen, two bedrooms and bathroom.
The pub is on the market as freehold.
Mark Worley, of Christie and Co, said: “The Trimmers Arms has experienced a downturn in reputation and trade over recent years.
“However, the purchase of the building by our client and its subsequent regeneration, both internally and externally, have led to a marked increase in levels of business and also in the reputation of the pub.
“Our client has now re-established the site as a live music venue, and plans to reintroduce a food offering.”
For more information, visit www.christie.com/en/property/trimmers_arms_south_shields_for_sale_46103.
For details on the bands playing, visit www.trimmersarms.co.uk.