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Beer Garden
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External Drinking Area
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Restaurant/Dining
Property details
The First In Last Out is situated in the city of Winchester, in the county of Hampshire, on the edge of England's South Downs National Park. It’s known for the medieval Winchester Cathedral and lots of our historical tourist attractions including the Great Hall of Winchester Castle that houses the medieval King Arthur round table.
The First In Last Out will be undergoing a refurbishment which will cover the interior and exterior of the pub.
The pub trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- 60 internal covers
- 80 external covers
- Catering kitchen
- SmartDispense
- Landscaped garden with patio
The private accommodation consists of three bedrooms, a living room/kitchen, and a bathroom.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Experienced Operator
Trading style
A refurbishment project of around £400,000 is planned to transform First In, Last Out into a premium local pub with food, sport, and entertainment at its heart. This is a huge opportunity to build a brilliant pub business, with a great bar, plenty of covers inside and out, a darts area, and a beautiful beer garden on the river. There really is something for everyone!
The menu will reflect a traditional good ‘Pub Grub’ offer with a selection of classics and daily specials. With the bonus of BBQs in the summer months. A full range of premium beers and ales alongside quality wines and spirits. It will also have a good mineral range and coffee selection.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the First In Last Out will have experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy, entertainment offer, and pub Games and can create a memorable experience for their 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 / 2302658101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£49,597.00
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Annual Rent:
£33,246.00
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.
Annual:
Estimated Annual Turnover £451,009
Annual Rent £33,246
Entry Costs:
Deposit £8,311
Estimated Fixtures & Fittings Value £34,786
Stock Valuation £3,000
Working Capital Required £3,500
Indicative entry costs £49,597
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.