Pubs On The Market v2.0

Travellers Rest Hythe

South East

Hart Hill, Southampton, Hampshire SO45 3ND, UK

The Travellers Rest is a substantial detached pub located just outside the pretty village of Hythe, on the outskirts of Southampton and the New Forest. Benefitting from a wonderful rural setting there is huge scope for a new publican to develop the food and drinks range to attract new custom and make this a pub worth travelling to. The spacious internal trade areas accommodate around 40 covers. Due to the rooms being slightly separate from each other, the potential lies to attract a variety of clientele including those looking to dine with family or those looking for a casual drink with friend and a game of pool. There is scope to develop the external area to increase cover capacity to over 100 covers comfortably with a vision to maximise this space with joint investment.

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Gallery

Everything about the Pub

Hythe is an attractive town near to Southampton in the county of Hampshire. It is situated on the shore of Southampton Water, where a ferry service provides regular connections to and from the Isle of Wight. Hythe benefits from a range of local amenities including a marina, supermarket, restaurants, and a range of retail outlets. The New Forest National Park is situated nearby and welcomes visitors to the area all year round. Hythe is approximately 12 miles from the centre of Southampton and eight miles from Totton; excellent transport links including the M27 are nearby and provide fantastic connections to neighbouring towns and cities.

Private Accomodation

Arranged on the first floor and comprising two bedrooms, a sitting room, small kitchen and bathroom.

Agreement Fee: £750.00

Cash Float: £1,000.00

Fixtures & Fittings: £15,000.00

Forecast Turnover: £381,419.33

Full Deposit: £5,750.00

Full Tie Release: £31,000.00

Guide Rent: £23,000.00

Initial Deposit: £0.00

Repair Fund: £2,000.00

Stock & Glassware: £2,000.00

Working Capital: £19,500.00

Year 1 Rent: £0.00

Forecast Dry Turnover: £126,970.63

Forecast Other Turnover: £2,293.98

Forecast Wet Turnover: £252,154.73

Additional Info

Ingoing Cost: £19,500.00
Annual Cost: £23,000.00

Agreement Type: Fixed Term Tenancy

The Travellers Rest benefits from a lovely rural setting and attracts local residents and visitors to the locality. Business here is driven by both wet and dry trade, with quality and good value meals being served at lunchtimes and during the evening. We are looking for a publican who will build on the current business with an emphasis on a home cooked menu and with quality ales. Live music, pub games and social events are all very popular here and a regular schedule would be very well received. The site also has scope to expand the current external area, increasing cover capacity and making the most of the garden land available to which is overlooking a panoramic fantastic view of the neighbouring countryside.

Contact

Contact The Love Your Pub Team:

Contact number: 01329 227488

Contact email address: info@loveyourpub.co.uk

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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.