If you are looking for pubs to lease in Warsash , you could run The Jolly Farmer !
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Pubs To Lease In Warsash – Run The Jolly Farmer !
Pubs To Lease In Warsash – Run The Jolly Farmer !
***12 Days of Incentives T&C’s***
We’re giving you the opportunity to pick and mix up to three incredible incentives from our 12 Days of Christmas Campaign when you apply for selected pubs by 19.01.2024 and go on to sign a Fixed-Term Agreement with us by 29.03.2024. You may select one incentive per group, with a maximum of three incentives in total.
For full details please speak with your Stonegate representative.
The Jolly Farmer is a substantial standalone pub on a side road in the affluent village of Warsash heading towards a large holiday park. The pub has been on a lease for many years and needs some refurbishment to maximise its’ potential but has traded well in the past and has a loyal following of regular local customers. Internally, the pub is split into two main areas, an adequately sized public bar with space for drinkers and then a large seating area with 70 covers suitable for diners. The pub has four ensuite letting bedrooms which are all in need of some refurbishment to maximise the room rate as they have the scope to be high end boutique style rooms. The well kitted trade kitchen is on the ground floor and capable of providing a substantial level of food. The external trading area is accessed through the restaurant side of the business and comprises a large patio laid out with external furniture and parasols. This leads onto a further grassed area again laid out for external drinking and dining. This area would suit an external structure to make it weatherproof all year round. There is also a car park on both sides of the pub for up to 15 vehicles.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Warsash is a village in southern Hampshire that sits at the mouth of the river Hamble. This is an affluent area with boating playing an important part in the village’s economy, particularly the villages very own sailing club. The Jolly Farmer is positioned in a delightful residential area with local amenities nearby including a primary school and leisure centre. There is also a caravan park located just a two minutes’ drive away which may have the potential to provide trading opportunities.
Private Accomodation
Agreement Fee: £0.00
Cash Float: £2,000.00
Fixtures & Fittings: £30,000.00
Forecast Turnover: £591,788.05
Full Deposit: £7,500.00
Full Tie Release: £43,750.00
Guide Rent: £30,000.00
Initial Deposit: £0.00
Repair Fund: £1,200.00
Stock & Glassware: £5,000.00
Working Capital: £40,500.00
Year 1 Rent: £18,000.00
Forecast Dry Turnover: £232,063.91
Forecast Other Turnover: £2,010.61
Forecast Wet Turnover: £357,713.53
Additional Info
Ingoing Cost: £40,500.00
Annual Cost: £30,000.00
Agreement Type: Fixed Term Tenancy
The Jolly Farmer is well known in the area by the local community and has previously had a good reputation for its locally sourced, quality food and real ales. This pub would be ideal for an experienced retailer who can bring the pub back to life, and re-establish the strong food and community feel.
