FindMyPub.com
Beer Garden
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External Drinking Area
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Function Room
FindMyPub.com
Coastal
Property details
Situated in a prominent dual-aspect position at the heart of the popular Milton community, The Milton Arms offers excellent potential to run a successful pub in Portsmouth.
The pub features a traditional main bar with a long servery and flexible seating for around 40 covers. This space is well established as a local hub, with sports viewing, pool and darts, and strong matchday trade driven by its proximity to Portsmouth FC’s Fratton Park.
To the rear, a substantial function room known as The Barn provides a fantastic additional trading space. With its own entrance and bar, capacity for up to 100 guests, and a dedicated stage area, it is ideally suited for live music, entertainment and private hire events.
A trade kitchen with basic preparation facilities offers clear scope to introduce or expand a food offering alongside the existing wet-led trade.
Externally, there is a fully enclosed courtyard with picnic bench seating, accessible from both the main bar and function room. While there is no private parking, ample on-street parking is available nearby.
Overall, The Milton Arms is a versatile and well-located pub with strong community ties and significant opportunity to grow both wet and dry sales.
Private Accommodation
Private accomodation consists of a three bedroom flat above the main bar, including kitchen, bathroom and toilet. Additionally, a separate area above the outbuilding is currently used for storage.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
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Team Games
FindMyPub.com
Live Entertainment
Trading style
The Pub Company are looking for a publican to elevate this traditional community pub and immerse themselves into the local community.
The site has some great characteristics to enable an energetic and enthusiastic publican to really create the ideal site for the community in Milton to enjoy.
Key financials
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Reference Number:
FH4FW1 / 024867
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£6,835.00
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Annual Rent:
£24,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Business Details
| Forecast Turnover: | £432,402 pa |
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| Forecast Wet Turnover: | £407,322 |
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| Forecast Dry Turnover: | £12,598 |
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| Forecast Other Turnover: | £12,483 |
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| Guide Rent Annual: | £24,000 |
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Financial Details
| Full Deposit: | £6,000 |
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| Potential Full Tie Release Fee: | £49,750 |
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| Agreement Fee: | £835 |
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| Repair Fund: | £48 pw |
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| Fixtures / Fittings: | £72 pw |
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