Pubs for sale in Bournemouth

View the "LEASED PARTNERS OPPORTUNITY - Portman Hotel" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
View More
Leasehold Price: £11,250
Request Details
Business Description

• The Portman Hotel is located in Bournemouth which is known for its beaches, Victorian architecture and buzzing nightlife. It is close to Bournemouth Football club so is particularly busy on match days.
• The pub boasts a large main bar and food servery area. There is also a large room suitable for functions.
• The private accommodation is set up over two floors. The first floor has 3 bedrooms, a kitchen and a bathroom. The rooms on the second floor could be used as letting rooms.
• The pub is currently trading at £4,000 per week from wet sales and the letting room income.
• The successful operator will need to implement their own food offer to grow the business.

Fully tied
Barrelage Discount £65
Fair Maintainable Turnover* £243,044 p.a.

Ingoing Costs****
Working Capital £5,000
Training Fee £550 + VAT
Security Deposit £5,000
Stock and Glassware £500
Legal fees £850 + VAT**

Initial Contractual Costs ***
Rent £19,000 p.a.
Service charge £1,350 p.a.
Decorating fund £3,000 p.a.
Insurance £520 p.a.

Once you’ve agreed the purchase terms for the fixtures and fittings you will not be charged for any additional ingoing costs by Marston’s, other than those detailed above.
*Figure taken from Marston’s rent assessment
**An estimated figure and subject to completion within 8 weeks
***The ongoing contractual costs will vary in accordance with the terms of the specific agreement.
****You will also need to obtain independent advice from a qualified accountant, a RICS qualified surveyor and a qualified solicitor at your own cost
Tenure: Leasehold

Downloadable Documents

Listed by: Marstons
Find out more about this business for sale opportunity by submitting the form below.
Contact Details Fields marked with an * are required by the seller
* * *
* * *
* *
* *

What happens next?
  • 1We send your email to the business seller
  • 2They will be in contact with you as soon as possible
Would you like ASC to contact you about finance options?
This is a no-obligation service. You will ONLY be contacted by your local
ASC Finance director. Your details will not be passed on to any third party.

Seller Reference:
Bookmark and Share
You May Also Like...