Scroll To Top

Popular Ringwood Public House with 5 letting rooms

Ringwood, Hampshire
Advert ID
1230 / Rightbiz
Leasehold Price: £65,000
Annual Turnover: £210,000
Annual Net Profit: Available upon request

Falcon Commercial is delighted to offer for sale this popular Public House that dates back to 1823 which benefits from spacious owner’s accommodation as well as 5 letting rooms and a self-contained flat which is let out. It has been under the proud ownership of our clients since 2013 during which time the business has seen considerable growth. It is now reluctantly being placed on the market as our clients wish to retire. During their stewardship the business has built up an excellent reputation for its welcoming atmosphere.
Operating from substantial semi-detached landmark premises of real charm and character, the business is predominantly wet led but has enormous potential to grow food sales.
This thriving Public House has an extremely good regular trade as it is the focal point of the local community. There is occasional entertainment on a Saturday evening which is particularly popular.
Lamb Inn is run by our clients with help from a dedicated team of staff. The business generates an excellent turnover in the region of £210,000 per year and enjoys consistently high gross profit margins.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.
The Premises
This substantial character landmark premises occupies an outstanding highly visible trading position on the edge of this popular Hampshire town and provides excellent internal and external business accommodation. The extensive first and second floor accommodation consists of two distinct flats so would be ideal for two families.

The well-presented and equipped accommodation briefly comprises:

Ground Floor
• Main Bar which is open plan and has approximately 30 covers at tables and chairs as well as at the bar.
• Quite Room
• Pool Room
• Breakfast room which has 20 covers
• Kitchen
• Dry Store
• Cellar
• Wash-up Room
• Ladies Toilets
• Gents Toilets

First floor letting rooms
• Double bedroom with en-suite
• Twin bedroom with en-suite
• Twin bedroom
• Toilet

First floor Owners accommodation
• Double bedroom with en-suite (currently on a long term let)
• Single bedroom with en-suite (currently on a long term let)
• Office
• Lounge
• Double bedroom with en-suite
• Laundry room
Accommodation Continued
Second Floor – self-contained flat
• Kitchenette
• Shower room
• Lounge
• Double Bedroom

• Twin Bedroom with en-suite
• Twin Bedroom with en-suite
• Smoking area
• Customer car park

Opening Hours
• Monday – Wednesday 3.00pm – 11.00pm
• Thursday Mid-day – 11.00pm
• Friday & Saturday Mid-day – Mid-night
• Sunday Midday – 10.30pm

Stock - The business stock value is approximately £3,500.

Staff – the business is run with help from a team of dedicated part time staff

Tenure - Leasehold. There are 7 years remaining on a 9-year lease. The current rent payable is £31,800 per year.

£210,000 Per year

Turnover Split
• Rooms £53,330
• Bar £156,765

Accounts will be provided to genuine purchasers after a formal viewing

Business Rates
Current Business Rates payable £6,500 per year
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website

Legal Costs
Each party to bear their own legal costs incurred in the transaction

For further information, you should make your own enquiries to Ringwood Town Council, Ringwood Gateway, The Furlong, Ringwood BH24 1AT

EPC Rating - EPC Rating: E

Strictly by appointment with the vendor's agents, Falcon Commercial, 1 Miltons Yard Axminster EX13 5FE on 01297 598080
Ringwood is on the edge of the beautiful New Forest National Park with its many walks, woods and glades. Ringwood is situated in the Avon Valley and is renowned for its excellent River Avon fishing and surrounding lakes. The sandy beaches of Bournemouth are 15 minutes’ drive away. And Southampton, Salisbury, Stonehenge and Winchester are all within easy driving distance. There are opportunities for sailing, water-skiing, windsurfing and fishing on the River Avon & many lakes around Ringwood. The river is also a haven for wildlife
Sporting facilities nearby include horse-riding, swimming, fishing, cycling, water-skiing, sailing and golf. There are many sight-seeing features in the area including the National Motor Museum at Beaulieu, Salisbury Cathedral, Hurst Castle, Exbury Gardens, the Liberty's Raptor & Reptile Centre and Moors Valley Country Park.

Listing Details
Location: Ringwood, Hampshire
Sector: Pubs, Bistros, Bars
Key Features
  • Attractive Business
  • High Turnover
  • Price Reduced
  • Accounts Available
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 1230 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Particulars / More Information
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

The data showed regarding this advert 'Popular Ringwood Public House with 5 letting rooms - 1230 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller