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Gloucester Weymouth

Pubs & Bars • 85 The Esplanade, Weymouth, Dorset DT4 7AT Management opportunity
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Summary

The Gloucester is a large single level pub set on the delightful seafront in Weymouth. Set amongst other local businesses including cafes, shops, guest houses, and hotels there is plenty of opportunity to draw in trade from visitors and locals.

Description

The Gloucester is a large single level pub set on the delightful seafront in Weymouth. Set amongst other local businesses including cafes, shops, guest houses, and hotels there is plenty of opportunity to draw in trade from visitors and locals. The pub itself is popular for its quality food offering and entertainment. As you enter the pub situated to the right-hand side is the dining area which comfortably holds approximately 60 covers and is popular with destination diners, tourists, and locals. The rest of the bar is designated for live sports and general drinking with space for live music and entertainment. Throughout the pub, there are a number of large screen TV’s showing sporting fixtures and music channels. There is a full-length bar which is a great size to service all areas of the pub. The trade kitchen is fully equipped with extraction fans and appliances suitable for delivering a good food menu. There is also a preparation and storage area, providing the new operator/s with plenty of room. There is an inviting basement terrace at the front of the pub which is used for alfresco drinking and dining during the warm summer months set just back from the seafront. A particularly popular spot is the esplanade which offers additional seating for up to 60 with stunning waterfront views. The private accommodation is delightfully decorated and offers a kitchen, modern bathroom, lounge and three bedrooms. Key Features • Destination food offer and live sport Stunning seafront beer garden Fully equipped trade kitchen Three-bedroom private accommodation ideal for a family Discounts of up to £110 per barrel but has an average of £90 per barrel Business & Financial Information • Estimated ingoings (upfront): £12,045 • Full deposit: £11,250 • Agreement fee: £795 • Guide rent (weekly): £865 • Guide rent (annual): £45,000 • Forecast turnover (weekly): £905,044 • Forecast turnover (annual): £905,043 Ideal Operator The successful applicant(s) must have great customer service skills and be highly organized for promoting all types of events via social media such as Facebook, Instagram, and other marketing channels. Private Accommodation The private accommodation is located to the LHS of the pub and has a kitchen, a modern bathroom, lounge and 3 bedrooms. It is well decorated. Regional Manager's Thoughts The Gloucester is a brilliant opportunity for an experienced publican. Set in the beautiful seaside town of Weymouth this pub attracts a variety of customers including locals and tourists. I am now looking for either a dynamic individual, couple, or multi-site operator who has the ability to run a busy chameleon pub and restaurant. Surrounding Area Situated in the beautiful seaside town of Weymouth, the Gloucester is located on the promenade amongst many small businesses including cafes and ice cream parlours. The pub is surrounded by a number of guest houses and hotels, which is of great benefit for tourists visiting the area. Located just off the main high street, this pub also has easy access to the variety of shops in the town centre.

Upfront cost

£12,045
Cost type: Upfront

Key facts

Upfront cost
£12,045
Turnover (annual)
£905,043
Rent
£45,000 (annual)

Location

85 The Esplanade, Weymouth, Dorset DT4 7AT
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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