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(REF: 2271)  Seafront Public House and Restaurant in Hampshire
 
Seller Reference: 2271
B4S Reference: 24571
Asking Price: £425,000
Net Profit: Undisclosed
Sales Revenue: £850,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Gosport, Hampshire, United Kingdom
  Business Summary   
  Preferred Commercial is delighted to offer for sale this busy public house and restaurant, which was established over 100 years ago and has been in our client's careful hands since 2000. The business is only now offered to the market due to our client's wish to retire. The premises are well-equipped to suit the trade with a restaurant area with tables and chairs for up to 50 covers, large bar area and 20 additional external covers. The business benefits from an excellent reputation and loyal customer base. The pub receives a lot of repeat trade from the surrounding area and also from the high footfall of tourist visiting the area. Our client currently offers traditional British food menu and bar services. The premises boast 2-bedroom owner's accommodation with kitchen, lounge and bathroom. The business currently trades 7 days a week, which generates a turnover in the region of £850,000 (and increasing) with a gross profit of 50%. We feel this could be further increased by extending range of food available and perhaps, establishing an ice cream counter. This is an ideal opportunity to acquire an already busy pub and restaurant, which has further potential and 2-bedroom owner's accommodation. Early negotiations with Preferred Commercial must come highly recommended.
  Property Information   
  Property: Leasehold
 
  Lease Terms: Leasehold
Original length: 20 years
Remaining: 12 years
Rent: £65,000 approx.
 
  Current Rent: £65,000 per annum
 
  Living Accommodation: Yes
 
  Details of Accommodation: Substantial 2-storey premises with private parking and 2-bedrooms owner's accommodation. Briefly comprising:

Ground Floor
• Restaurant area with customer service point, tables and chairs for up to 50 covers and beamed ceiling
• Bar area with feature curved bar, nautical themed
• Commercial kitchen
• Preparation area

First Floor
• 2 x bedrooms
• Kitchen diner
• Lounge
• Bathroom with WC and wash basin

External
Tables and chairs for up to 20 covers
Private parking with space for up to 20 cars
 
  Location: The Jolly Roger occupies substantial 2-storey premises ideally located on the sea-front in Gosport, Hampshire. The business benefits from private parking with space for up to 20 cars and beautiful views of the sea. Gosport ferry terminal is within easy walking distance and there are regular buses running through the area. The business is surrounded by a large residential area and boasts easy access to the A-road network. Gosport is a popular tourist destination and boasts many attractions including museums and the local harbour.
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  Mon - Sat: 11:00am to 12:00pm
Sun: 12:00am to 12:00pm
  Energy Performance Certificate   





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