Crown Old Basingstoke

The Crown is an attractive 16th-century pub at the heart of the village of Old Basing near Basingstoke in Hampshire. This is an excellent opportunity for a knowledgeable operator to build this wonderful business for the people within the surrounding villages and businesses.

The Crown is an attractive 16th-century pub at the heart of the village of Old Basing near Basingstoke in Hampshire. This is an excellent opportunity for a knowledgeable operator to build this wonderful business for the people within the surrounding villages and businesses. The Crown is a grade II listed building, with a sunny decking area at the front, a beautiful walled garden, a full catering kitchen, a bar area, a dining area with approx 40 covers and a snug area.  The interior is decorated in a traditional style, with exposed beams, rough plastered walls and wooden flooring. There are three main trading areas: a bar, a restaurant and a separate snug room with a wood-burning stove. The compact bar servery hosts cask ales and is double-sided sided allowing for easy service. The cosy restaurant can seat 40 covers and also has its bar servery, with overhead storage for wine glasses, which provides a visible nod to the range of quality wines available. The fully equipped trade kitchen is located to the rear of the pub. This is accompanied by a kitchen porter area, just outside the building, and dry stores and extra fridges are located via a covered walkway through this area.  A licensed decking area to the front of the pub has seating for a dozen guests and also provides a highly visible retail offer to passing trade. To the rear, a magnificent walled garden is arranged over several tiers, is partly laid to lawn, part patio and has seating for over 40 covers. There is a children’s play area, and with trestles, mature trees and potted plants, this space is a pleasant sanctuary and fine spot to enjoy a bite to eat or relax with drinks. To the front of the building are five parking spaces, and a further 15 cars can be parked to the side of the property. Key Features • The village is located on the main road entering the village. Separate bar and restaurant, along with a cosy snug seating area and fireplace. Good, good-sized car park as well as a raised beer garden. This-sized property is perfect for a couple wanting to work in the hospitality industry. Business & Financial Information • Estimated ingoings (upfront): £9,170 • Full deposit: £8,375 • Agreement fee: £795 • Guide rent (weekly): £644 • Guide rent (annual): £33,500 • Forecast turnover (weekly): £475,830 • Forecast turnover (annual): £475,830 Ideal Operator Can either be an experienced operator or a couple new to the industry. Good-sized accommodation on site in a lovely village location. Ideally, someone with commercial kitchen experience to drive the food business. Private Accommodation 3 double bedrooms, lounge, kitchen, bathroom and storage cupboard. Perhaps some minor decorative investment is needed by any new tenant Regional Manager's Thoughts Old Basing is a very affluent area, and the Crown attracts custom from locals, as well as from nearby Basingstoke and Hook. The pub now requires an experienced operator who has a proven track record of producing a good standard of service. The new publican should also seek to build on the pub’s existing reputation and to attract new customers through external marketing. Surrounding Area Located next door to the historic Basing House, the Crown is surrounded by a beautiful village and walking paths, all within easy reach of Basingstoke. The large garden at the rear is enclosed by an ancient wall which may have originally been part of the wall surrounding Basing House. Old Basing is situated a couple of miles from the centre of Basingstoke, off Junction Six of the M3. Nearby attractions include a bevvy of National Trust sites, local sports teams and Haymarket Theatre. Central London is accessible within an hour, whilst the gorgeous south coast is just 40 minutes away.