Venue News

Pubs For Lease In Hampshire – The Malthouse Romsey Now Available !

Are you looking for Pubs for lease in Hampshire & a brand new adventure in the hospitality industry ? We are pleased to showcase The Malthouse Romsey which is now available for lease

The ancient and prosperous market town of Romsey sits on the banks of the River Test, one of the finest trout and salmon rivers in Europe.

Medieval streets cluster around the magnificent Norman Abbey which dominates the town and plays host to an extensive musical programme each year. The Abbey is the largest parish church in Hampshire and can trace its origins back to 907AD.

The medieval King John’s House, Tudor Cottage and former Victorian Gun shop together make a new heritage centre. As well as some fascinating displays there are a series of period gardens which lead down to a bubbling mill stream.

Pubs for lease in Hampshire – enquire about The Malthouse Romsey today

About the Pub – Malthouse Romsey

Indoor trading area

Due to recent internal improvements, the Malthouse is very well-presented throughout. The décor is modern yet rustic, with quirky touches creating a warm and welcoming atmosphere. This is a one bar operation and a large L-shaped servery is well-positioned to serve all areas of the pub. The restaurant is split into three, easily manageable trading areas and can cater for up to 100 covers. The business is currently being run as a carvery, which is ideally located in front of the extensive trade kitchen, providing ample preparation and storage areas to support the business, even at full capacity. There is a separate trading area located on the upper level, dedicated to local sports enthusiasts, with pool and darts facilities. With future development, this space could easily be turned into a good function room that could accommodate approximately 40 covers.

Pubs For Lease In Hampshire – The Malthouse Romsey Now Available For Lease, enquire today !

Outdoor trading area

The pub boasts an impressive beer garden and children’s play area. This is all set out in extensive grounds with rural views perfect for families during the warmer months. There is a raised decked area with bench seating along with a large patio housing extensive seating and jumbrellas. There are two small areas accessed from the bar that have the potential to be converted into great smoking solutions. The pub benefits from a car park with space for 60 vehicles, and there is also overflow parking if needed.

Pubs For Lease In Hampshire – The Malthouse Romsey Now Available For Lease

Your living accommodation

Three spacious double bedrooms, and a lounge, bathroom and domestic kitchen.

Letting Prices – Malthouse Romsey

Potential Turnover

£528,000 per annum

This is our estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.

Partnership Terms

Guide Rent: £52,000 per annum, payable weekly in advance.

Based on discount scheme PARTNERSHIP BAND B

The proposed agreement: Retail Partnership Tenancy

(Key terms available online here) however we are prepared to discuss other Partnership agreements.

We will also discuss, your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.

Estimated Capital start-up

£26,500 (excl VAT)

Often referred to as ingoings. Includes stock & glassware at valuation, deposit (calculated as 25% of £52,000), refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.

In addition you will need to provide funds for professional advice and a level of working capital – the amount will be dependent on your business plan.

Estimated fixtures & fitting value

£28,000 (excl VAT)

To be discussed with the Regional Manager.

Rateable Value

£50,000

Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.

For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search

Customer demographic report

Click here to download the customer demographic pack for this pub

The Malthouse Romsey is located on Stockbridge road just outside of Romsey situated in the village of Timsbury and is currently being run as a carvery concept. The site is in a fantastic location and benefits from ample car parking facilities including an overflow car park. and extensive outside areas including a patio garden, newly built children’s play equipment and extra grounds which could be developed as further trading space.

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

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T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

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Sign up below to hear more about our monthly news & offers via email 

T & C’s : Please note any promotion or offer is at the discretion of the outlet & cannot be used in conjunction with any other promotion or offer at that time. Any promotion or offer can be withdrawn by the outlet at anytime.

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