Overview

Could you run this Portsmouth pub?

Guests love the characterful Winchester for its open mic nights, live music, comedy, and beer festival over the spring bank holiday weekend.

Pub and location

Located in the North End area of Portsmouth, the Winchester pub boasts a prominent position in a residential area. We’ll refresh the pub while retaining its unique charm and history while redecorating it with new fixtures and furnishings. We’ll also invest in the garden, creating a welcoming space for guests to gather and socialise, and update the accommodation to ensure your comfort whilst ingratiating yourself into the local community.

Inside, you’ll find the main bar with a storage area you could transform into retail space. There’s also a cosy snug with a bar, perfect for hosting events, functions, or local activities. And let’s not forget the lovely garden patio, complete with bench seating for small events and family-friendly gatherings.

While the food might not be the primary focus, the pub has a catering kitchen in the accommodation. Therefore, you could offer a simple yet satisfying food menu.

Ideal operators

We’re looking for a Publican with a vision. You’ll have experience operating a traditional pub with loyal regulars, engaging with and catering to your guests. You’ll be the character locals love in the heart of the pub. The ideal Publican will drive sales through exciting activities and community initiatives. You’ll also love music and hosting open mic nights. You could consider a light-value food offer and a great cup of coffee. Creativity and adaptability are key.

Private accommodation

This excellent business opportunity comes with two private bedrooms and a lounge. Immerse yourself in the local lifestyle and become an integral part of the community.

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 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 2022!
  • 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

Deposit
£5,250
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£53
Working Capital
£6,000 - £8,000
Street Check
Click Here

Business Information

Annual Rent
£21,000
Forecasted Annual Wet Turnover
£202,243
Forecasted Annual Food Turnover
£2,167
Forecasted Annual Other Turnover
£4,414
Agreement
Flexible Tenancy

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