The pub is situated in Verwood, a beautiful leafy town of Dorset which lies just 10 miles away from the popular seaside resort of Bournemouth. The Albion is positioned on the edge of town with popular camping and caravanning sites nearby, providing plenty of trading opportunities including tourists and locals. This is a very well-presented pub that has been well looked after by the current tenant. The décor is fresh and clean, providing some modern touches amongst charming rural features. Internally the front entrance leads you directly into the front bar and lounge area which is very popular with local customers and features a stone open fireplace.
There is also a cosy snug area which is ideal as a coffee lounge or for pre-dinner drinks. There is another feature fireplace within this room and upholstered fitted seating creates a cosy place to relax and unwind. Food is served throughout all areas of the pub; however, the main dining area is within the conservatory where there is room for up to 60 covers, and this space could also double as a function room. The commercial kitchen is of a good size and there is a separate wash-up and storage area, all of which can adequately support the suggested trade levels here.
A patio leads off from the conservatory and has picnic bench seating for a dozen guests. From here the outdoor space extends to include the extensive garden areas that can easily accommodate up to 100 covers. A beautiful ivy-clad railway arch to the left of the patio area coming from the conservatory is an attractive feature and can create a lovely, covered seating area. In the past, jazz and acoustic artists have performed in this wonderful setting which can draw in plenty of trade in the summer months. A car park to the front of the property provides space for up to 14 vehicles.
The private accommodation is in good condition and consists of 3 bedrooms, kitchen, lounge and bathroom.
Stock & Glassware: £3,500.00
Cash Float: £1,500.00
Forecast Wet Turnover: £276,710.36
Forecast Dry Turnover: £78,047.19
Forecast Other Turnover: £0.00
Forecast Turnover: £354,757.55
Year 1 Rent: £0.00
Guide Rent: £29,500.00
Initial Deposit: £0.00
Full Deposit: £7,375.00
Full Tie Release: £34,000.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £12,000.00
Working Capital: £15,000.00
The Albion is a brilliant pub that is well-positioned in a popular location with locals, dining customers and a good steady tourist trade. This is a great opportunity for an experienced and dynamic publican or couple who can continue to develop the pub making it the go-to place in the community for great food and drink. There is also an opportunity to develop the external areas including the beer garden and courtyard to maximise trade and revenue.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
Mortgage disclaimer
The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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