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Walker Arms New Milton

Pubs & Bars • 93 Station Road, New Milton, Hampshire BH25 6JJ Management opportunity
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Summary

The Walker Arms is a lovely, traditional pub with well-presented decor and attractive furnishings that create a warming ambience for both locals and visitors.

Description

The Walker Arms is a lovely, traditional pub with well-presented decor and attractive furnishings that create a warming ambience for both locals and visitors. It is of brick construction, under a pitched, tiled roof, occupying an excellent prominent position within the Hampshire town of New Milton in the New Forest district. The property is known for live entertainment, sports viewings and good value food and drink offers,  high ceilings, beautiful beams, a lovely log burning fireplace, solid wood floors, attractive bar servery and ample garden external space.  The lounge bar/function area (c60 covers) is a lovely traditional bar area with wood and carpeted flooring, a spacious bar servery area and a mix of nicely presented wooden furnishings along with pool tables and large-screen TVs. The public bar (c30 covers) is an area for the "locals" offering a mix of wood and tiled flooring, an open fireplace, and an attractive bar severy for regular customer-goers. There is a delightful beer garden found at the side of the pub, where there are approx 20 wooden benches offering seating for around 60 guests, and a children's play area. An enclosed area within the garden and to the front of the pub is used as a smoking solution and for further seating. Another garden area is used primarily by those using the function room. A large gravelled car park to the rear provides space for approx 30 vehicles. Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Reknown for sports, games, live music and entertainment • Well-equipped trade kitchen and large bar/food area split into 2. • Large Sports area with pool table and large widescreen TVs - that can also be closed off for private functions and music events. • Outdoor space includes two separate beer gardens  /family - play area and drinking area plus good sized car park. Business & Financial Information • Estimated ingoings (upfront): £13,294 • Full deposit: £12,499 • Agreement fee: £795 • Guide rent (weekly): £961 • Guide rent (annual): £49,995 • Forecast turnover (weekly): £806,614 • Forecast turnover (annual): £806,613 Ideal Operator Looking for a dynamic operator/couple that have had experience of operating high Wet led Turnover sites - that can integrate within the community - must be passionate about Sports, Music and have some experience with value food to take the Walker Arms to the next level.  Private Accommodation The private accommodation is situated on the first and second floors and comprises three double bedrooms, a lounge, kitchen, bathroom and WC. The private accommodation is in good condition. Regional Manager's Thoughts The Walker Arms - I am reaching out to an applicant(s) who have experience in dealing with a high turnover drinks-led site that also has experience in value food - enabled to engage with the community on all social platform needs for the site -  loves Sport and live Music to take the Walker Arms to the next level.  Surrounding Area New Milton is a popular market town within Hampshire set in the New Forest district that welcomes a strong tourist trade during the summer months. This growing town hosts a Wednesday weekly market and has new businesses and housing developments situated all around. New Milton has good transport links,  a train line runs through the town and provides excellent access to Southampton and Bournemouth, while the coastal village of Barton on Sea, a suburb of New Milton, is particularly well known for its geographical sights and its scenic cliff top golf course.

Upfront cost

£13,294
Cost type: Upfront

Key facts

Upfront cost
£13,294
Turnover (annual)
£806,613
Rent
£49,995 (annual)

Location

93 Station Road, New Milton, Hampshire BH25 6JJ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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