BusinessSales.ltd Logo

Salisbury Arms Salisbury

Pubs & Bars • 31-35 Endless Street, Salisbury, Wiltshire SP1 1DP Management opportunity
Listing image

Summary

The Salisbury Arms is a charming Grade II listed building situated on Endless Street, a busy spot just five minutes’ walk from the main drag of the city centre.

Description

The Salisbury Arms is a charming Grade II listed building situated on Endless Street, a busy spot just five minutes’ walk from the main drag of the city centre. The pub's current concept is specialising in cocktails and  Karaoke 3 nights a week opening which gives a future opportunity for the site to extend opening hours and to create a different theme and concept for the site. The site does not have a commercial kitchen, but the current publicans do have a prep area where they carry out bottomless brunch to which is very successful. The Salisbury Arms is decorated to a very high standard with contemporary décor and stylish fixtures and fittings. (Stonegate carried out a recent external decorations and signage scheme in the last year) . Internally, there is an open plan island bar which has wood panelling, fitted carpet with a quarry tiled walkway and a cosy open fire. There are around 40 covers positioned around the bar, which include stools, booths and traditional tables and chairs. To the rear of the pub is a sheltered courtyard set out with tables, benches, and umbrellas offering seating for 20-30 people.  Key Features • Popular location with plenty of passing trade • Island bar with contemporary decor • Charming courtyard area • Three-bedroom private accommodation ideal for a family, in good condition Business & Financial Information • Estimated ingoings (upfront): £6,545 • Full deposit: £5,750 • Agreement fee: £795 • Guide rent (weekly): £442 • Guide rent (annual): £23,000 • Forecast turnover (weekly): £279,114 • Forecast turnover (annual): £279,113 Ideal Operator Stonegate Pub Partners are now seeking a publican who can continue and develop the current offerings and make their mark on this brilliant pub. A publican who has knowledge of craft beers and cocktails is essential to the success of this business. Private Accommodation The private accommodation is located on the first floor and comprises three large bedrooms, a lounge, kitchen and bathroom. Regional Manager's Thoughts The Salisbury Arms is currently a very well-respected pub in Salisbury which specialises  currently in craft draught and craft cocktails. I am looking for a publican who has both the knowledge and skill set to continue the well-established current offer for craft cocktails and be able to adapt the concept and make their mark on this fantastic pub business opportunity to help/reach/change to its full potential. Surrounding Area Salisbury is a medieval cathedral city in the southern English county of Wiltshire. It’s 9 miles south of the iconic prehistoric stone circle at Stonehenge, which stands on the grassland of Salisbury Plain. The Salisbury Arms lies on Endless Street just off the market square on the main drag of Salisbury city centre. The pub is surrounded by smaller retail brands and plenty of residential housing, providing plenty of trading opportunities. Just down the street, the old Bingo hall is being transformed into a four-screen multi-plex cinema that opened in 2023, which has introduced further feeder and footfall to the area. 

Upfront cost

£6,545
Cost type: Upfront

Key facts

Upfront cost
£6,545
Turnover (annual)
£279,113
Rent
£23,000 (annual)

Location

31-35 Endless Street, Salisbury, Wiltshire SP1 1DP
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

Enquire

Message the seller. We’ll forward your details so they can reply directly.
By sending, you agree we may forward your message and contact details to the seller for this listing only.