tenancy
Main Road, Hursley, Winchester, Hampshire SO21 2JY, UK
Approx. Total Ingoings
£20,750Annual Rent
£55,000The Dolphin is a delightful country pub situated on the main road in Hursley, Hampshire. The pub boasts a cosy public bar area with a large L-shaped bar, two open fireplaces and plenty of seating. There is a dining area with a further 45 covers, serving a varied high-quality food menu. There is a good-sized beer garden to the rear with a part patio, part grassed area with outdoor seating. There are two large letting rooms available and there is a converted dry storage space which has been transformed into a takeaway coffee shed, a great opportunity to drive additional revenue. Stonegate Pub Partners are now seeking an experienced food led operator who understands the clientele and the local area to help develop this business further. The new publican will need to market the pub effectively to capture the trade from the local area and surroundings.
Private Accommodation: The private accommodation is well presented and is a good size for a family.
Indoor trading area
There is two entrances to the property one to the rear and one to the front. The rear entrance is the preferred access which brings you directly into the foyer with the two divided trading areas either side. To the right is the restaurant area which offers a total of 45 covers and to the left is the welcoming public bar. The bar is a large L-shaped wrap around servery with space for standing as well as an additional 45 covers and two cosy open fireplaces. There are toilets at either end and a good sized fully fitted commercial kitchen.
Outdoor trading area
To the rear of the pub is a delightful beer garden which is both hard standing and grassed with a separate area for its wooden play park. The outgoing publican has built a covered area with pretty lighting which can be utilised for BBQs or to house further seating. There is an additional out building which also holds two large letting rooms, storage and a ground floor cellar. The converted dry storage has also been transformed into a takeaway coffee shed, a great opportunity for additional revenue.
Regional Manager Comments
The Dolphin is a delightful country pub situated on the main road in Hursley, Hampshire. The pub boasts a cosy public bar area with a large L-shaped bar, two open fireplaces and plenty of seating. There is a dining area with a further 45 covers, serving a varied high-quality food menu. There is a good-sized beer garden to the rear with a part patio, part grassed area with outdoor seating. There are two large letting rooms available and there is a converted dry storage space which has been transformed into a takeaway coffee shed, a great opportunity to drive additional revenue. Stonegate Pub Partners are now seeking an experienced food led operator who understands the clientele and the local area to help develop this business further. The new publican will need to market the pub effectively to capture the trade from the local area and surroundings.
Retail Partnership Tenancy
Beer Garden Private Accommodation Cask Ale Children's Play Area
Approx. Total Ingoings
£20,750
Annual Rent
£55,000
Potential Turnover: £556,000 per annum
This is an estimate of the potential annual turnover of the pub business. It does not include the financial benefits of any living accommodation, which you will need to consider.
Guide Rent: £55,000 per annum, payable weekly in advance.
The Proposed Agreement: Retail Partnership Tenancy
The Landlord is prepared to discuss other Partnership agreements.
They will also discuss your purchasing options (Wines, spirits, cask, minerals and flavoured alcoholic beverages) which you can choose all, a combination or none. Tie release fees will apply.
Estimated Capital Start-up: £20,750 (excl VAT)
Often referred to as ingoings. Includes stock & glassware at valuation, deposit, refundable at the end of your agreement dependent upon your account being in good order. Up to 2 weeks rent and other contractual charges will be payable in advance. Please note, the actual deposit payable will be 25% of the final agreed rent.
In addition you will need to provide funds for professional advice and a level of working capital - the amount will be dependent on your business plan.
Estimated Fixtures and Fittings Value: £25,000 (excl VAT)
To be discussed with the Regional Manager.
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Originally formed in 2010 with 333 pubs, Stonegate Group is now the largest pub company in the UK following 12 major acquisitions. Our vast portfolio is now home to over 4,500 sites which range from Leased & Tenanted to Managed. We strongly believe that the pub is at the heart of British culture and we strive to deliver a fantastic customer experience.
