Pubs for sale in Southampton

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

 I’m really happy having just sold my online business within 2 weeks of advertising on Daltons 

Sarah Davies (June 2014) View More
Leasehold Price: Price on Application
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Business Description

•This award winning community pub is based in the Thornhill estate in Southampton.
•The pub has 2 bar areas with pool tables and a lounge area which can be used for functions. There is a garden and patio area and there is a room to host functions. The pub is in good condition.
•The pub has a great reputation and attracts customers from the local area. It hosts pool, darts and other teams. It is renowned within the area for Sky Sports/BT Sport and for holding community events.
•The business currently trades at between £6,000 and £7,000 gross per week.
•The private accommodation has three bedrooms, two bathrooms and a kitchen.
•The Hinkler needs an operator who has local knowledge and can engage with the local community.

Pathway Tenancy
Fully tied
Barrelage Discount £50
Fair Maintainable Turnover* £346,777 p.a.
Ingoing Costs****
Working Capital £6,000
Training Fee £550 + VAT
Security Deposit £8,750
Stock and Glassware £3,000
Legal fees £360 + VAT
Initial Contractual Costs ***
Rent £35,000 p.a.
Service charge £1,350 p.a.
Decorating fund £2,000 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
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