If you are looking for pubs to let in Lymington, you could run The Borough Arms !
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Pubs To Let In Lymington – Run The Borough Arms !
The Borough Arms, a charming 1850s ‘Posting House,’ is nestled in the heart of Lymington, a picturesque Georgian coastal town on the southern edge of the New Forest. This historic pub enjoys year round tourism, thanks to its prime location amid numerous B&Bs that lack bar and restaurant facilities. Just a short stroll from the town centre, marina, and Isle of Wight ferry terminal, The Borough Arms offers the perfect balance of local charm and convenience.
With plenty of residential properties nearby, the pub benefits from a steady stream of locals, while being ideally situated across from the bustling council offices, which employ many staff from the surrounding National Park. Lymington lies 18 miles west of Southampton and 40 miles west of Portsmouth, offering stunning views across the Solent towards Yarmouth on the Isle of Wight, just four miles away. The pub is surrounded by a blend of homes, small businesses, and large council offices, with easy access to the Wightlink ferry crossing.
Pub Layout
The pub’s layout naturally divides it into three distinct areas, offering flexibility and comfort. To the right, a cosy seating area can easily accommodate both diners and casual drinkers. The central space features the bar servery, with additional relaxed seating towards the front. On the left, you’ll find more seating and access to the kitchen. The toilets and garden are located at the rear of the property. A spacious car park, located at both the rear and side of the pub, can accommodate approximately 25 vehicles, making it especially convenient for diners. This outdoor space has also hosted local events, such as carnivals and gatherings, with marquee setups and hog roasts.
Additionally, at the back of the property, there is a large outdoor storage area housing fridges, freezers, and dry goods for the kitchen, along with a garage used for extra storage.
Private Accommodation
The private accommodation consists of three bedrooms, kitchen/diner and bathroom all in good order.
Annual Rent: TBC
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – funding options may be available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
The pub is very well presented and loved by the local community and an excellent opportunity for an individual or couple to maintain and build on the current level of business. The new licensee will need a strong food background to maintain the quality and volume of food but still have a keen interest to maintain the community atmosphere and events that have put this pub back on the map.