The Gloucester is a large single level pub set on the delightful seafront in Weymouth. Set amongst other local businesses including cafes, shops, guest houses, and hotels there is plenty of opportunity to draw in trade from visitors and locals. The pub itself is popular for its quality food offering and entertainment. As you enter the pub situated to the right-hand side is the dining area which comfortably holds approximately 60 covers and is popular with destination diners, tourists, and locals. The rest of the bar is designated for live sports and general drinking with space for live music and entertainment. Throughout the pub, there are a number of large screen TV’s showing sporting fixtures and music channels. There is a full-length bar which is a great size to service all areas of the pub. The trade kitchen is fully equipped with extraction fans and appliances suitable for delivering a good food menu. There is also a preparation and storage area, providing the new operator/s with plenty of room. There is an inviting basement terrace at the front of the pub which is used for alfresco drinking and dining during the warm summer months set just back from the seafront. A particularly popular spot is the esplanade which offers additional seating for up to 60 with stunning waterfront views. The private accommodation is delightfully decorated and offers a kitchen, modern bathroom, lounge and three bedrooms.
The private accommodation is located to the LHS of the pub and has a kitchen, a modern bathroom, lounge and 3 bedrooms. It is well decorated.
Forecast Turnover: £1,084,304.06
Year 1 Rent: £0.00
Guide Rent: £59,000.00
Initial Deposit: £0.00
Full Deposit: £14,750.00
Full Tie Release: £73,500.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £60,000.00
Working Capital: £25,000.00
Stock & Glassware: £6,000.00
Cash Float: £3,000.00
Forecast Wet Turnover: £715,248.19
Forecast Dry Turnover: £358,103.67
Forecast Other Turnover: £10,952.20
The Gloucester is a brilliant opportunity for an experienced publican. Set in the beautiful seaside town of Weymouth this pub attracts a variety of customers including locals and tourists. I am now looking for either a dynamic individual, couple, or multi-site operator who has the ability to run a busy chameleon pub and restaurant.
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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.
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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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