The Victoria Cross is a true community pub situated in Parkstone, Poole. The pub benefits from being on the main high street and in a densely populated area.
TRADING AREA AND PRIVATE ACCOMMODATION
This pub is a one bar operation with an open plan trading area. There is a pool table and a number of TV screens. The Victoria Cross has a well-equipped catering kitchen. Outside there is a small car park and a patio/smoking shelter to the rear.
The private accommodation includes four bedrooms.
LOCAL AREA AND CUSTOMER BASE
The surrounding area is heavily populated with residential and retail properties. There is a local school nearby and the main bus route to the coast passes the pub directly.
The customer base is largely made up of shoppers and locals. The site benefits from numerous darts and pool teams. The Victoria Cross has a full calendar of events for live entertainment. A good food offer would help to attract additional customers during the daytime.
The Victoria Cross is currently trading at £6,000 per week with a 70/30 wet/dry split. The new operator should look to improve the current food offer and introduce more promotions in order to drive sales.
The successful candidate would be an experienced, strong operator who is able to control this business.
This pub is available on our retail agreement:
• A five year agreement
• Rent free
• You retain 22% of all sales made
• We pay for all repairs, investment, bills, stock and property insurance
• You pay your staff and council tax on the private accommodation
• Training is provided free of charge
• A £5,000 security deposit and £360 legal fees apply
• You will be required to obtain independent advice from a qualified accountant, RICS qualified surveyor and qualified solicitor at your own cost
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