If you are looking for pub tenancies in Andover, you could run The Walnut Tree !
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Pub Tenancies In Andover – Run The Walnut Tree !
Located in the heart of the village of Andover, Hampshire, The Walnut Tree is set in a beautiful location. It is a unique and welcoming community pub with no direct competition nearby. It has been a central gathering place for locals, offering a warm atmosphere and serving as a hub for the community. The pub is popular with a mix of families, retirees, and young professionals, all of whom value its convenient location. With excellent transport links and easy access to the M3 Motorway and public transport, connecting to majority of cities in the South, it remains highly accessible for both locals and visitors. Rarely available in this area, The Walnut Tree presents a one-of-a-kind opportunity to take over a thriving village pub with a loyal customer base.
Pub Layout
As you approach the pub, its charming thatched roof and inviting bench seating effortlessly blend with the village’s aesthetic. Entrance is through the front door, leading you to a centrally positioned bar and a quirky, open-plan trading area. This layout ensures ease of operation with minimal staffing requirements. The pub features a mix of fixed and loose seating, perfect for a range of occasions, from after-work drinks at the bar to relaxed Saturday afternoons with friends and family. Additionally, there is a compact catering kitchen, offering the potential to introduce a small food menu. To the rear of the pub, there is also a large beer garden area, perfect for hosting family fun days and festivals in warmer months.
Private Accommodation
The private accommodation consists of three bedrooms, kitchen, bathroom and an office.
Annual Rent: £25,000
Security Deposit: £5,000
Working Capital: £3,500
Stock: £3,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied for by the licensee and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
This pub presents an excellent opportunity for both experienced operators and those new to the industry. While it currently operates as a wet-led business, there is significant potential to introduce a substantial traditional pub food offering. Additionally, the venue offers exciting possibilities for summer events such as beer festivals and family fun days, further enhancing its appeal to the local community and visitors. The ideal licensee will place community at the core of their vision, transforming the pub into a warm and inviting hub where everyone feels welcome.
