Beer Garden
External Drinking Area
Car Park
Childrens Play Area
Property details
The Riverdene is a large pub located in the heart of the Riverdene estate in Basingstoke. This great community local sits in a densely populated residential area and attracts a broad range of customers looking for a comfortable, welcoming pub.
In good condition throughout, the pub is split into two very individual areas each with its own bar, both of which are set up for drinking and dining. There are also nine TV screens which are ideal for driving sports. The catering kitchen is located behind the bar and the pub could easily support 40 to 50 covers.
Externally the Riverdene features an outdoor trading area, which has a garden and a children's play area.
The private accommodation consists of four bedrooms, a lounge, a kitchen, and bathroom, and an office.
Catering Kitchen
Team Games
Pool Area
Live Sports
Experienced Operator
Trading style
The pub's potential lies in introducing a simple, value-driven food offer to complement the drinks trade and keep the locals coming back. To excel, this community pub needs to be at the hub of the neighbourhood, a focal point for locals. Supporting the local groups such as darts, pool, fundraising, local schools, business networking, etc, is key.
Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you. Understanding of the local community. You know what it takes to build a successful business. You love hospitality and are great with customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub's next chapter.
Key financials
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Reference Number:
8M9JTW / 0020616101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£12,708.00
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Annual Rent:
£20,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £20,500
Estimated Annual Turnover £316,132
Deposit £5,125
Estimated Fixtures & Fittings Value £10,300
Estimated Stock Valuation £7,500
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £26,425
Estimated Minimum Ingoing Costs £12,708
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.