Pub Tenancies In Petersfield – Run The George !

If you are looking for pub tenancies in Petersfield, you could run The George !

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Pub Tenancies In Petersfield – Run The George

The George is located in the market town of Petersfield, just off the A3, south of Guildford, some 5 miles and north of Portsmouth, some 15 miles. The property is located in the market square which is surrounded by other retail units including public houses and other restaurants. As you walk in via the main entrance the bar area is in front of you to the right with a good sized serving area with plenty of space for customers to stand and talk. There are seats surrounding the bar area, which then leads into the main seating area which houses around 40 covers with a mix of bench seating and individual tables and chairs. As you walk towards the rear of the property, you pass by the fully fitted small/medium sized kitchen to your left with men’s and ladies toilets after this followed by the rear beer garden which comprises of fully patioed with bench covered seating to your left, outdoor TV’s on the wall to your right and a fully fitted outdoor bar area at the far end. Stonegate Pub Partners are seeking an experienced publican to take on this pub.

Petersfield is located in the East Hampshire district of Hampshire, set in the glorious countryside and is described as the gateway to the South Downs National Park. It has c13,000 residents and is extremely popular for families, mainly because of the quality of schools for both infants, primary and secondary all within the town.

Private Accomodation
Currently used for storage

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

The George Petersfield

Agreement Fee: £750.00

Cash Float: £2,000.00

Fixtures & Fittings: £30,000.00

Forecast Turnover: £511,976.62

Full Deposit: £8,750.00

Full Tie Release: £43,500.00

Guide Rent: £35,000.00

Initial Deposit: £0.00

Repair Fund: £1,500.00

Stock & Glassware: £5,000.00

Working Capital: £26,000.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £190,754.01

Forecast Other Turnover: £3,026.48

Forecast Wet Turnover: £318,196.13

Additional Info
Ingoing Cost: £26,000.00
Annual Cost: £35,000.00

Agreement Type: Fixed Term Tenancy

This is a lovely property, centrally located and a great opportunity to attract a variety of local customers for all parts of the day. Whilst experience in the trade is useful, being able to understand the market and the competition is essential.

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