Characterful detached pub located in a pleasant suburban area, next to the local train station. The pub boasts a cosy interior, with traditional features, such as wood floors and three open-feature fireplaces. Externally it benefits from a large beer garden, which has a grass area with bench seating and trees and then a large patio, where the current publican has completed a capital investment to build a pergola with a slat roof, lighting and heating which can be used to view the bands but also to be hired out as an outside function space. There is a car park for 10 cars, with free on-road parking also available. The pub has been recently decorated throughout, retaining and enhancing the original character the pub is well known for. Currently, the pub trades as a live music venue and the decor reflects this, but there is a traditional snug area with sofas and paintings. The pub benefited from ex-decss and new signage two years ago.
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The accommodation is above the pub and can be accessed without going through the pub which is a benefit. it has been decorated in contemporary colours and as with the pub has many quirky features. The current publican has refurbished the kitchen which is well appointed. There are two double bedrooms, one single bedroom/office, cosy lounge and a bathroom with toilet and shower extension over the bath. IT has the same wooden floors as the pub.
Forecast Turnover: £457,438.80
Year 1 Rent: £0.00
Guide Rent: £35,000.00
Initial Deposit: £0.00
Full Deposit: £8,750.00
Full Tie Release: £45,750.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £16,000.00
Working Capital: £15,000.00
Stock & Glassware: £5,000.00
Cash Float: £1,500.00
Forecast Wet Turnover: £438,794.57
Forecast Dry Turnover: £13,571.54
Forecast Other Turnover: £5,072.69
The Dolphin is very much at the heart of the local community with a high proportion of the trade coming from the surrounding residential housing and students. An element of the trade is also ‘destination-led’ and comes by train, pre-Southampton football home games, or for specific live music acts who bring a following. Customers are drawn in by the cosy ambience, cask ale offer, pub food and the live music entertainment schedule. In the summer months, the garden comes intoitss own with BBQs being offered and customers able to sit in the pergola to watch the live music and enjoy their drinks in the open air served from the outside bar.
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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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