The Grantham Arms is a traditional wet led pub located in a sort after residential area in Eastleigh. The Grantham has a good size bar and trading space, ideal for sport and entertainment. The pub has a traditional feel and whilst there is investment planned, it's likely that we'd try and keep the traditional appearance and bring out the attractive features within the pub to enhance the consumer experience. There is also a courtyard to the rear which could be modernised as part of the investment with space for tables in front of the pub also with a smoking shelter at the side of the pub. The private accommodation consists of three bedrooms living with a private bathroom and kitchen.
Three bedroom living accommodation with a private bathroom and kitchen.
Forecast Turnover: £301,743.00
Year 1 Rent: £0.00
Guide Rent: £15,000.00
Initial Deposit: £0.00
Full Deposit: £3,750.00
Full Tie Release: £0.00
Agreement Fee: £775.00
Repair Fund: £0.00
Fixtures & Fittings: £0.00
Working Capital: £8,000.00
Stock & Glassware: £3,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £296,542.90
Forecast Dry Turnover: £5,200.00
Forecast Other Turnover: £8,537.00
The Grantham Arms is an attractive corner plot pub that has been approved for investment. The traditional tiled exterior makes it an appealing pub to consumers passing by and the investment would help modernise the offer. There are plenty of consumers to target in this well populated area with a number of local businesses surrounding the pub. The pub also benefits from local sports teams that use it as a base and has the potential to attract a much wider audience. The courtyard to the rear and space at the front of the pub mean the trade apace can be extended in the summer months.
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