Looking for Pub Tenancies in Southampton ? The Angel Inn is now available on a tenancy agreement
The Angel enjoys a prominent position opposite a large and well used local park on Palmerston Road, on the edge of Southampton city centre. The pub is located some 200 metres from Southampton Solent University main campus and the halls of residence are just as close. The pub backs onto a large residential estate, where other drinking establishments are scarce and is also located in very close proximity to Southampton FC home stadium.
Pub Layout
There is a large, open plan trade space on the ground floor which houses a long central bar servery giving ample all round vision and ease of service to all areas of the pub. The open plan layout offers a mixed variety of fixed and loose seating along with another area left available for those preferring to stand. The commercial catering kitchen is well equipped and located on the same level as the main trading area.
Externally, there is a fully enclosed licensed courtyard area which has heating and lighting and also has the benefit of an external projection screen. There is also an abundance of parking facilities nearby, including on road parking to the rear.
Private Accommodation
Private accommodation consists of 3 bedrooms, kitchen, bathroom, lounge and office with all rooms being presented in good order. The domestic accommodation can also be independently accessed at the rear of the property.
Annual Rent: £18,300
Security Deposit: £5,000
Working Capital: £4,000
Stock: £3,500
Business Rates: £Low*
F&F: TBC – Funding options may be available for the right licensee
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
* Based on the April 2023 rating list, the Low Rates Payable is based on small business rates relief being applied on a tapered basis and the licensee only occupying one property for commercial purposes.
Admiral are seeking to secure a dynamic and experienced retailer, who is capable of developing and maximising both the wet and dry income streams. They must be multi-skilled and possess the ability to maximise the trading opportunities that this site presents.
There is huge scope to further develop the business at this well known city pub, which is famous for it’s great food and drink and also being a hub for live sports, particularly due to it’s close proximity to St Marys Stadium, the home of Southampton FC.
