Beer Garden
External Drinking Area
Function Room
Letting Rooms
Car Park
Coastal
Property details
The Athelstan is a large traditional public house, located on Cranleigh Road in Southbourne which is some 0.9 miles from Christchurch railway station and just over three miles from Bournemouth Town Centre. The pub is also located in a heavily populated residential area, with a strong demographic. The pub is situated between two managed houses - The Cranleigh and The Riverside and is in an ideal location close to the river, beach, and Christchurch Town Centre.
The trade area is dominated by the long, central bar servery and is very open plan. There is a mixture of low-level and fixed seating accompanied by various wooden and carpeted zones. There are two featured game areas both housing pool tables, darts boards, and fruit machines. To the rear of the bar, there is access to the catering kitchen and also to the stairs which lead to the letting rooms which consist of six double and two single letting rooms some of which are en-suite, however, there is the possibility of converting some of these rooms into more private accommodation should the need require.
Externally and to the side of the property there is an attractive, landscaped beer garden and also two covered seating areas with outside televisions and comfortable seating. From the garden there is also a separate gateway out onto the front car park, allowing for easy access during summer events. The car park has approximately 10 spaces to the front and to the side of the pub and it also has ample on-street parking available.
The private accommodation currently consists of one double bedroom, kitchen, lounge, and bathroom and is presented in good condition throughout.
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Experienced Operator
Trading style
The Athelstan is a substantially sized property, in the heart of a bustling housing area. It is currently a predominantly wet-led site with a Sunday food offering and occasional buffets for the sports teams. Two popular pool teams and a darts team run from the Athelstan and these bring a steady income and trade stream as well as it being a superb host of live sports with numerous televisions inside and outside, as well as a large pull-down screen for more popular events. There are currently eight letting rooms at the Athelstan and these are very popular due to the pubs location and proximity to the local beach and seafront.
The landlords are seeking to secure a dynamic, experienced retailer, who is capable of developing all three income streams of wet, dry, and accommodation sales. The new licensee must be multi-skilled and possess the ability to maximise the trading opportunities that this pub presents, with a particular affinity to developing an exciting and innovative food offer that brings in new faces and establishes the pub in the area as the place to eat. This is a fantastic opportunity for the right applicant to grow sales and increase footfall using good social media and marketing and by presenting a wholesome and inviting community pub.
Key financials
-
Reference Number:
IU3WDL / P03358
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£15,000.00
-
Annual Rent:
£32,500.00
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: £32,500
Security Deposit: £5,000
Working Capital: £5,000
Stock: £5,000
F&F: TBC – funding options may be available for the right licensee.