The property is in a rural setting located 5 miles north of Waterlooville and 2 miles east of the A3. A gorgeous property with a large wrap-around car park. The beer garden also wraps around the front of the property and joins the raised decking area which has its stretch tent coverage and outside bar. There are 2 entrances, one of which is from the car park, which leads into the foyer area where you will be greeted. The restaurant area is to your right and the bar and further seating are to your left. The bar area is extensive with a separate dispense for hot drinks and cocktails drinks station as well. A beautiful open fireplace bisects the bar area. There is egress to the beer garden from the bar area. Separate gents and ladies' toilets on either side of the bar. A large trade kitchen is located in the middle of the site. Easy access for deliveries, large walking chiller room located at the back of the kitchen. Trade Cellar to the rear of the bar area. The cellar is located on the ground floor with good access.
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Currently, there is no private accommodation, as all the rooms are used as an office, staff room and storage.
Forecast Turnover: £1,054,482.91
Year 1 Rent: £60,000.00
Guide Rent: £85,000.00
Initial Deposit: £0.00
Full Deposit: £21,250.00
Full Tie Release: £67,750.00
Agreement Fee: £775.00
Repair Fund: £3,000.00
Fixtures & Fittings: £25,620.00
Working Capital: £41,000.00
Stock & Glassware: £5,000.00
Cash Float: £5,000.00
Forecast Wet Turnover: £400,702.94
Forecast Dry Turnover: £653,779.96
Forecast Other Turnover: £0.00
These properties don’t come to market very often, With over a £1m turnover opportunity this is a property that deserves to be treated with respect.
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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