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COMMUNITY SITE

Mountbatten

District Centre, Southampton, Hampshire, SO16 8HY

Ingoing Cost: £9,469
Annual Rent: £23,624

Features
Trading style
Key financials

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External Drinking Area

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Function Room

Property details

The Mountbatten is located in the District Centre of Southampton. The pub is surrounded by shops, food and retail outlets, and mixed housing. The pub benefits from being one of only 2 pubs found in an area of around 5983 adults. The majority customer base is made up of a mixture of young to mature adults of mixed income.

Trading Area & Facilities:

Large Main trading area with bar
60 internal covers
16 external covers – bench style seating
Pub games zone
Function room

The private accommodation consists of two self-contained flats. 1st has 3 bedrooms, a living room, a kitchen, and a bathroom. 2nd has 1 bedroom, a kitchen, a bathroom, and a living room. There is also an office behind the bar.

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Catering Kitchen

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Team Games

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Pool Area

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Live Sports

Trading style

The potential of this pub currently lies in developing a strong wet-led offer. The pub does have a kitchen on site so an operator with the right drive and vision could potentially introduce a food offer. The site currently has the ability to drive trade via live sports, selection of pub games, such as pool and darts, and pub game machines. It offers a selection of popular beers, ciders, wines and spirits.

Attitude is more valuable than experience. If you’ve got the following, we’d 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 us what you can bring to this pub’s next chapter…

Key financials

Reference Number: 8M9JTW / 2303372101
Agreement Type: Tenancy

Min Ingoing Cost: £9,469.00
Annual Rent: £23,624.00

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 £309,826
Annual Rent £23,624

Entry Costs:

Deposit** Deposit build-up from 1 month's5,906 rent £**
Estimated Fixtures & Fittings Value** Rented fixtures & fittings deal available £800**
Stock Valuation £4,000
Working Capital Required £3,500

Indicative entry costs range from** £9,469 - £14,206

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.

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