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Old House At Home Portsmouth

Pubs & Bars • 104 Locksway Road, Southsea, Hampshire PO4 8JR Management opportunity
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Summary

The Old House at Home, a cherished community pub nestled in the heart of Southsea, is searching for a passionate and dedicated publican to lead it into its next chapter.

Description

The Old House at Home, a cherished community pub nestled in the heart of Southsea, is searching for a passionate and dedicated publican to lead it into its next chapter. This is a fantastic opportunity for an enthusiastic individual eager to build upon the pub's strong reputation and become a vital part of this vibrant coastal community. Southsea, a lively suburb of Portsmouth, offers a unique mix of cultural attractions and a genuine community spirit. The Old House at Home enjoys a prime location within a primarily residential area, surrounded by families and local residents, fostering a strong sense of belonging. Its proximity to reputable schools, such as Meon Infant and Junior Schools, makes it a natural hub for families and locals alike. The area surrounding the pub is well-served by local amenities, including convenient stores like J G Riley and Eastney Cash And Carry, all within easy walking distance. Excellent transport links, with Fratton train station just a mile away, provide easy access to the broader region and beyond. The Old House at Home has long been a beloved local, known for its warm and welcoming atmosphere. Offering a diverse range of experiences, from classic pub fare to exciting live entertainment, it caters to a wide spectrum of tastes. This is your chance to put your personal touch on a well-established and much-loved pub, creating memorable experiences for patrons of all ages. Key Features • Cask Marque Approved: A testament to our commitment to serving quality real ales. • Beer Garden: A spacious outdoor area perfect for families and social gatherings. • Live Entertainment: Regular live music events showcasing local talent every Friday and Saturday night. • Sports Facilities: HD screens broadcasting major sporting events and a dartboard for patrons. • Family-Friendly Environment: Children and dogs are welcome, with baby changing facilities available. • Function Area: A cozy lounge bar at the rear, available for private hire and events. • Additional Amenities: Car park, free Wi-Fi, pool table, and a smoking area. Business & Financial Information • Estimated ingoings (upfront): £5,795 • Full deposit: £5,000 • Agreement fee: £795 • Guide rent (weekly): £385 • Guide rent (annual): £20,000 • Forecast turnover (weekly): £345,088 • Forecast turnover (annual): £345,087 Ideal Operator As the publican, you will be the face of The Old House at Home, responsible for: Private Accommodation The private accommodation consists of 3 Bedrooms, Kitchen, diner and bathroom. Regional Manager's Thoughts This site is a true community hub and therefore we are looking for the right person(s) to make sure that this site remains pivotable within the community. The right candidate(s) will possess the passion and creativity to carry on this focus of being a beacon in the area. Surrounding Area Southsea is a vibrant coastal suburb of Portsmouth, offering a mix of cultural attractions and community spirit. The pub is located in a primarily residential area with a strong sense of local identity. The surrounding neighborhood boasts several convenience stores, including J G Riley and Eastney Cash And Carry, all within walking distance. For families, there are reputable schools nearby, such as Meon Infant and Junior Schools, both approximately 0.2 miles away. The area is well-connected, with Fratton train station just a mile away, providing easy access to broader transport networks.

Upfront cost

£5,795
Cost type: Upfront

Key facts

Upfront cost
£5,795
Turnover (annual)
£345,087
Rent
£20,000 (annual)

Location

104 Locksway Road, Southsea, Hampshire PO4 8JR
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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