Local restaurateur buys Newcastle pub
Newcastle restaurateur Paul Liu has bought the leasehold on the Leazes Inn at Newcastle upon Tyne.
Liu, who also owns the Treasure of the Orient restaurant in Newcastle, plans to convert part of the pub into a Chinese buffet restaurant.
The inn is a large public house in Barrack Road, where the gates to the former barracks form part of the premises.
It is popular with local residents, university students and supports of Newcastle United FC, whose grounds are just half a mile away.
Occuping a single-storey terraced building, the inn offers a 150-seat main bar, a 50-seat dining area, a snooker room, a 40-seat trade patio, three-bedroom owners' accommodation, and a large car park.
Drink represents 80% of business and food the remaining 20%.
The Newcastle office of Christie + Co sold the leasehold off a guide price of £180,000 on behalf of Paul Watson and Bev Bently.
By Angela Frewin