The White Horse is located in a greatly populated residential area with plenty of local amenities, on the A336 Ringwood Road between Totton and Cadnam on the outskirts of New Forest. It is a busy through road for local commuters avoiding the busy dual carriageways leading into Southampton and Ringwood which are approximately seven miles away. Totton Station is the nearest railway, and the closest bus stop to The White Horse is just 200 metres away. The pub is opposite Netley Marsh C of E primary school and within a mile of the M27 which runs east to west along the south coast.
The property is split between a restaurant and a bar operation. The L-shaped bar complements the layout of the internal trade area, at the top of the L is the restaurant. The restaurant consists of up to 40 covers with the bar area occupying the remainder of the property that is currently set up as a community-driven area. To enhance the community aspect there is space for darts, a pool table and an AWP. The premises licence currently permits the operation of live entertainment. This is a traditional-style pub with a beamed interior, a mixture of stone and wooden flooring, and wooden tables and chairs. The property boasts a main road-facing patio which has up to 30 covers available and spans the side perimeter with the provision of bench seating, and tables and chairs. A smaller area to the side of the property can accommodate 12 covers.
The private accommodation is well contained with two double bedrooms, a bathroom, lounge and a galley kitchen. There is a private entrance to the accommodation which makes this a perfect home for a family.
Stock & Glassware: £4,000.00
Cash Float: £1,000.00
Forecast Wet Turnover: £360,794.77
Forecast Dry Turnover: £120,272.26
Forecast Other Turnover: £0.00
Forecast Turnover: £481,067.03
Year 1 Rent: £25,000.00
Guide Rent: £42,000.00
Initial Deposit: £0.00
Full Deposit: £10,500.00
Full Tie Release: £44,250.00
Agreement Fee: £775.00
Repair Fund: £2,500.00
Fixtures & Fittings: £28,000.00
Working Capital: £20,000.00
An opportunity has arisen for an experienced publican or new starter to continue to drive forward this community business property popular for food. Food is of course a large driver of trade and should continue to do so. In the surrounding area competitors are both value and premium operations therefore the new publican should pitch the offer accordingly to differentiate. This is a fantastic venue, perfect for a drink, lunch, or dinner amongst friends.
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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