Overview

Could you run this pub in Portsmouth?

The Pelham is set in a handsome Tudor style building, located at the heart of the North End of Portsmouth. The pub has a classic yet open feel, with high ceilings, traditional furnishings, and original slate a wooden floor. The pub is well-loved for its quality sports offer, including the showing of live sports through Sky Sports, as well as pub games with pool and darts. The pub plays hosts to epic entertainment including music nights that always fill the pub.

Guests enter the Pelham into the large main bar area, with a bar that runs down the length of the room and tall windows which give it an open feel. This room is home to darts and pool and has a mixture of low level and high-level seating. As well as this the pub has a snug lounge that has a cosy feel with low ceilings and exposed wooden beams that offers a more intimate drinking experience as well as space for up to 30 guests to dine on a delicious food menu. This room leads to the stunning beer garden that boasts plenty of picnic style seating for customers to enjoy a pint in the sunshine

About the local area

Portsmouth is a port city and naval base on the South Coast. It is a vibrant waterfront city, brimming with maritime heritage, unique locally owned shops, and great places to eat and drink. The North End is a predominantly residential of the city that has its own high street with a range of shops and places to eat. The Pelham is ideally located just off the main street so is right in the heart of the hustle and bustle.

Ideal Operator

This is the perfect opportunity for a Publican with experience in operating a large and busy pub. You will have local knowledge with a passion for building relationships with the community as well as the ability to entice those who come to explore Portsmouth. You will have an enthusiasm for sport in order to maintain the Pelhams reputation as the best place to enjoy a game with friends.

Accommodation

This fantastic pub opportunity comes with spacious domestic accommodation that consists of four bedrooms, a private kitchen and lounge.

About the Agreement

We love working with experienced entrepreneurs and we’re happy to be flexible with our agreements and products to match your business and vision.

Our Flexible Tenancy agreement offers a piece of mind approach to running your own pub business for a total term of up to 5-years with a flexible notice period. We also offer flexible deposit options, with build ups from as little as £1,000 as well as flexible price bands and release fees which are available.

Whatever the agreement, with Punch you always get:

  • A progressive pub company – winners of the Publican Awards 2020!
  • Industry leading investment with a whole world of possibilities
  • Industry leading training, with our Academy and Kitchen
  • Industry leading e-commerce platform – Punch Buying Club
  • Expert coaching and advice every step of the way

Want to find out more about this agreement? Click Here

Chat to a recruitment advisor now about this pub business opportunity.

Financial Information

Initial Deposit*
£1,000
Full Deposit
£7,059
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£133
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Annual Rent
£29,950
Forecasted Annual Wet Turnover
£394,994
Forecasted Annual Food Turnover
£12,867
Forecasted Annual Other Turnover
£4,508
Agreement
Flexible Tenancy

Relevant Downloads

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