Run a Star Pub - Mountbatten Southampton - Southampton

Pub Overview

A large traditional community local

What would you do with this pub to make it even more of a success?

The area

The Mountbatten is located in the District Centre of Southampton . The pub is surrounded by shops, food and retails outlets and mixed housing.

Demographics

The pub benefits from being one of only 2 pubs found in an area of around 5983 adults. The majority customer base is made up of a mixture of young to mature adults of mixed income.

The offer

Available on our foundation tenancy agreement. Click here for more information on this agreement . The potential of this pub currently lies in developing a strong wet-ledoffer. The pub does have a kitchen on site so an operator with the right drive and vision could potentially introduce a food offer. of this pub. What would you look to implement in the pub?

What would you look to implement in the pub?

The site currently has the ability to drive trade via live sports, selection of pub games, such as pool, and darts and pub games machines. It offers a selection of popular beers, ciders, wines and spirits,

We’re always open to new ideas, what would you do to drive trade?

Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you.

• Understanding of the local community

• You know what it takes to build a successful business

• You love hospitality and are great with customers

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us

what you can bring to this pub’s next chapter...

Features

• Function Room
• Pub Games
• Private Accommodation
• Outdoor Trade

Trading Area & Facilities

• Large Main trading area with bar
• 60 internal covers
• 16 external covers - bench style seating
• Pub games zone
• Function room

Private Accommodation

Private accommodation consists of Two self-contained flats. 1 st has 3 bedrooms, Living room, Kitchen and Bathroom. 2 nd has 1 bedroom, Kitchen, Bathroom and Living room. There is also an office behind bar.

Pub Financials

Pub Financials Icon
With our 5 Star Promise, the rent at the start of your agreement is fixed until the end of its initial term.

Indicative entry costs range from**:

£9,469 - £14,206

Annual

Estimated Annual Turnover

£309,826

Annual Rent

£23,624

Entry Costs

Deposit
**Deposit build up from 1 month rent

£5,906**

Estimated Fixtures & Fittings Value
**Rented fixtures & fittings deal available

£800**

Stock Valuation

£4,000

Working Capital Required

£3,500

The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT. Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms. The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Downloads

• Demographics Report Download arrow
• Energy Performance Certificate Download arrow