Dolphin Portsmouth
South East
41 High Street, Portsmouth, Hampshire PO1 2LU, UK
The Dolphin is a historic site, known for being the Oldest Pub in Portsmouth. Within the Old Portsmouth and in the middle of Gunwharf Quays and the Clarence Pier, the pub is at the hub of the local community and holds a good reputation amongst a loyal local customer base. The pub is in good condition and features many traditional quirks in terms of its interior design and a trade kitchen to provide food for customers. With mixed seating for 100 covers, fireplaces and books, the space has a cosy and welcoming atmosphere. The site also benefits from a large function room that can host a capacity of 60 people and features a bottle bar to service it, adjacent to the room. The main bar has several screens to showcase live sports, with rugby being a key focus for the site. The external trading area consists of a patio area with its own TV, perfect for outdoor drinking during the warmer months. The private accommodation comprises of two-bedrooms, a lounge and a kitchen, perfect for a couple or small family.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Gallery
Everything about the Pub
Situated in Old Portsmouth, the site sits on the corner of the High Street and Pembroke Rd. The pub is a stone’s throw away from the sea and overlooks Portsmouth Cathedral and is in walking distance of Gunwharf Quays and the main seafront of Southsea, where travellers can get a hovercraft to the Isle of Wight from Clarence Pier.
Private Accomodation
Medium sized accomodation, in good order
Agreement Fee: £750.00
Cash Float: £1,000.00
Fixtures & Fittings: £30,550.00
Forecast Turnover: £518,776.74
Full Deposit: £10,000.00
Full Tie Release: £53,250.00
Guide Rent: £40,000.00
Initial Deposit: £0.00
Repair Fund: £2,000.00
Stock & Glassware: £6,000.00
Working Capital: £23,000.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £100,510.61
Forecast Other Turnover: £14,996.61
Forecast Wet Turnover: £403,269.53
Additional Info
Ingoing Cost: £23,000.00
Annual Cost: £40,000.00
Agreement Type: Fixed Term Tenancy
This is a great opportunity for someone looking to take over a quality public house. There is great potential to develop the food offer, to create something different from the local competition. This pub caters for sports viewing, pub games and has a quality trade area leading to a small patio garden. It would ideally suit an experienced operator who has a track record of maximising a community pub potential and trade.
Contact
Contact The Love Your Pub Team:
Contact number: 01329 227488
Contact email address: info@loveyourpub.co.uk
Pub Location
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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.