Thriving Public House and Restaurant in Hampshire
Price:
Leasehold - £39,950
Location:
Hampshire , Hythe
Business Type:
Food Service Businesses, Pubs
Preferred Commercial is delighted to offer for sale this thriving public house and restaurant, which was established in 1876 and which has been in our client's careful hands since 1999. The pub is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £390,000 per annum. The pub offers a traditional menu and also hosts quiz nights, crib nights and is home to football and darts teams. We feel the turnover could be increased by introducing a pool table and team as we are advised that there is demand. There is a website in place promoting the pub and food menus. The business has an excellent reputation and a loyal customer base enjoying much repeat trade. There is 1 acre of land with stables, which could be utilised for events. The premises boasts 2-bedroom owners' accommodation to the first floor with lounge, kitchen and a bathroom. This is an ideal opportunity to acquire an already thriving public house and restaurant with scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
The Forest Home occupies substantial detached premises, ideally located on the busy A326. The business is situated in the area of Hardley in the market town of Hythe, Hampshire. The premises benefit from ample private parking and are surrounded by a large residential area. There are a number of bus stops serving the area and the village centre is within walking distance. The village is situated on the edge of New Forest National Park and is surrounded by picturesque countryside. Hythe has a pier railway, which is the oldest working pier train in the world and there is ferry service running regularly from the end of the pier to Southampton. Southampton lies approximately 12 miles away by road and the M3 motorway is less than 15 miles away.
Original length: 20 years
Remaining: 8 years
Review: every 3 years
Rent: £44,000 per annum
Mon - Sat: 11:00am to 11:00pm
Sun: 11:00am to 10:30pm
Substantial detached public house and restaurant premises with 1 acre of land. Briefly comprising:
Ground Floor
• Bar area with seating for up to 70 covers,
• Ladies and gents WCs
• Disabled WC
• Commercial kitchen
• Dry store room
• Office
• Boiler room
• Cellar
• Staff changing room
First Floor
• Large double bedroom with wardrobe
• Single bedroom
• Lounge
• Kitchen
• Bathroom with bath, shower, WC and wash hand basin
External
• 2 x large car parks
• Children's play area
• Seating for up to 30
• 1 acre field with stables
North Yorkshire
£ 750,000
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