Overview

Could you run this pub?

The Portland Arms, Portsmouth is a traditional community pub just minutes from the coast. It would suit an operator with great personality, who can create a warm and welcoming venue for the locals in the North End of Portsmouth. It sits within a large residential area, with plenty of custom immediately on its doorstep and has a beer garden for the warmer weather.

Business facilities

The pub is in great condition with an open plan bar area for drinks and relaxing.  The pub offers live sports and Wi-Fi with a small and cosy beer garden for the warmer weather. Parking is available on side roads nearby.

Accommodation

The private accommodation will include 2 bedrooms, a private kitchen and lounge.

About the local area

The Portland Arms sits in a large residential area with lots of locals (many who are younger) within easy walking distance and also within easy walking distance of the coast. Portsmouth is a city known for its port and is home to the National Museum of the Royal Navy. It offers miles of seafront and is popular for beach visits, walks and days out. There are plenty of events in the summer including music festivals.

This pub may suit

This pub would suit an operator with passion and personality for community pubs, you will be able to create a welcoming environment and build great relationships with the locals. This may also suit a multi-site operator looking for an additional business in the area.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.

You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have a dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or an Operations Manager.

Financial Information

Initial Deposit*
£6,000
Full Deposit
£6,000
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£29
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£21,008
Weekly Rent
£404
Forecasted Annual Wet Turnover
£211,647
Forecasted Annual Other Turnover
£2,955
Weighted Average Discount Per Barrel
£131
Agreement
Tenancy 5yr

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