Tenancy - Richmond, Southampton

Location
Southampton
Salary
Business Opportunity
Posted
30 Jun 2017
Closes
30 Jul 2017

Tenancy- Richmond

PUB OVERVIEW

The Richmond is an established community public house that offers a quality range of drinks, value food, pub games and sports viewing along with a substantial £72 per barrel blended discount on this agreement. Machine income is totally free of tie on this agreement. The Richmond currently attracts local residents and students to this very well appointed community public house. The house benefits from selling a wide and varied selection of drinks with a great cask ale range, value food and healthy gaming machine income. Trade is further enhanced by a patio area and commercial garden that also houses an independent function room.

BUSINESS INFORMATION

Entry cost from: £19,150.00

Annual rent: £22,000.00 per annum

Agreement Tenancy – Standard Tenancy

Type of Tie: Full tie: Access to Discounted Wines, Spirits & Minerals Price List

LOCATION

The Richmond is located in Portswood, Southampton just 5 minutes drive from the city centre. There is a mainline train link nearby, sea crossings to Europe and the Isle of Wight and the M27 & M3 road networks can be reached within circa 15 minutes. The New Forest and surrounding areas are also only circa 30 minutes drive away. The area has all major amenities including schools, university and excellent shopping.

CURRENT PREMISES LICENCE OPENING HOURS

Monday to Thursday 10:00 - 00:30

Friday & Saturday 10:00 - 01:30

Sunday 11:00 - 00:30

About the business
TRADE SPACE

This is a two bar operation split between public bar area and lounge area with casual dining and sports viewing available in both. The business is supported by ladies and gents toilets, basic commercial kitchen with storage areas, patio, commercial garden, small independent function room and designated space for circa 6 cars to park. The cellar is located at basement level. The entire trade area is in excellent decorative order.

TRADE SPACE

  • Bars 2
  • Car park spaces 6
  • Food covers 24
  • Function rooms 1
  • Gardens 1
  • Trade kitchens 1
  • Patio areas 1

PRIVATE ACCOMMODATION

The private accommodation is functional and consists of 3 double bedrooms, lounge, bathroom, separate toilet and an office.

PRIVATE SPACE

  • Private Rooms 7
  • Lounge 1
  • Double bedrooms 3
  • Bathrooms 1
  • Toilets 1
  • Office 1

ESTIMATING TURNOVER

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. Calculators to help you are available on the business planning section of our website.

“The Richmond is a fantastic example of an excellent community public house in great condition. This established business can be further enhanced with fresh ideas and initiatives. Machine Income is free of tie on this agreement.”

WHY CHOOSE US?

By choosing Greene King, you’ll be joining one of the Uk’s most successful and respected leased and tenanted pub companies. With a heritage of running pubs and brewing beer that can be traced back over 200 years, at Greene King we’re proud of our history and confident that, as the country’s leading pub retailer and brewer, we can help make your pub the success it deserves to be.

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