Beer Garden
External Drinking Area
Function Room
Car Park
Restaurant/Dining
Property details
The Park Tavern is located in a densely populated, residential area of Gosport, consisting of well-kept, semi-detached, and detached housing. Situated on the corner of Park Road and Alecto Road, the Park Tavern sits opposite Gosport Park which is surrounded on two sides by water views that look out onto Haslar Royal Naval Cemetery. Gosport Park has six rugby pitches and is home to Gosport and Fareham Rugby Club and it also provides a home base to Alverstoke Old English Bowling Club. Gosport is a large peninsula town located on Hampshire's South Coast, on the west side of Portsmouth Harbour and although it has its own town centre shops and large shopping centre, the ferry crossing provides great links directly into the city of Portsmouth itself.
Upon entry, you will see that the pub has an open plan trade area that hosts a large bar servery to the right with loose tables and chairs and encompasses a prominent stage area to the front of the pub which is used for entertainment. Towards the back of the pub, there is a large ornate staircase that leads up to a function room with its own bar servery, thus creating an independent trade space to the downstairs bar. There is also a fire escape from this room into the garden so capacity numbers are protected. Also on this floor, you will find the main trade kitchen which is well-situated to prepare food for private functions.
The beer garden is segmented into two distinct areas. The first is a fixed, covered space with a pergola and a small external bar. The second garden area is a well-maintained and developed zone with plants, shrubs, and loose furniture.
The private accommodation consists of three bedrooms, a living room, a bathroom, and a kitchen.
Catering Kitchen
Team Games
Live Entertainment
Trading style
The Park Tavern is a successful, wet-led community pub. With a stage being a prominent feature in the main trade space, there is a strong emphasis on weekly entertainment with live music being extremely popular with an open mic night on a Wednesday, live bands at the weekend, and a music quiz every Sunday. The Park is a very popular local space for functions such as birthday parties, christenings, and weddings, although at present the kitchen is only used to cater for these events.
The landlords are seeking to secure a dynamic and experienced retailer, who is community-focused and shares the vision of making the Park Tavern the hub of the local community. The new licensee must have a passion for local events, sports teams, and live entertainment and will utilise these to drive the business. There is scope to not only grow wet sales but to also introduce and grow a pub food offer. With the large upstairs function room, there is also an opportunity to drive the business from functions and boost income by providing a valuable venue and service to the local area.
Key financials
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Reference Number:
IU3WDL / P04391
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£11,000.00
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Annual Rent:
£18,500.00
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: £18,500
Security Deposit: £5,000
Working Capital: £3,000
Stock: £3,000
F&F: TBC – funding options may be available for the right licensee.