Seafront Public House And Restaurant In Hampshire | | Gosport Hampshire | | The Jolly Roger Gosport, Hampshire T/O: £850,000 GP: 50% Scope to increase turnover 2-bedroom owner's accommodation Loyal customer base Sea-views | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 60052
ADVERT IMPRESSIONS : 16,425 TIME(S) | | | | BUSINESS SECTOR: | Hotels / Pubs / Accom | | TRADE TYPE: | Public Houses | | SALE: | Agent Sale | LEASEHOLD: | £425,000 | ANNUAL RENT: | £65,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | 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.
Business History
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.
Financial Details
T/O: £850,000 approx. and increasing
GP: 50%
Opening Hours
Mon - Sat: 11:00am to 12:00pm
Sun: 12:00am to 12:00pm
Accommodation Details
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
Tenure
Leasehold
Original length: 20 years
Remaining: 12 years
Rent: £65,000 approx. | | | | | | FOR SALE | | | | | REFERENCE: | 2271 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
