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Fox & Hounds Fair Oak

Pubs & Bars • Winchester Road, Eastleigh, Hampshire SO50 7HB Management opportunity
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Summary

To the front of the property is parking for 40 vehicles, accessible directly off the main road. Awnings at the front of the pub provide a smoking solution and a generous external store room is located to the side.

Description

To the front of the property is parking for 40 vehicles, accessible directly off the main road.  Awnings at the front of the pub provide a smoking solution and a generous external store room is located to the side. A dedicated beer garden and patio area with tables and chairs are also positioned at the front. This is a perfect spot, unobstructed by trees and buildings, to soak up the sun and enjoy a relaxing drink and bite to eat. The main entrance leads into an L-shaped central bar furnished in wood and surrounded by traditional brickwork and original wooden beams. The rustic theme continues through to the open-plan restaurant on both sides of the bar, partly housed under a conservatory-style extension. The trade areas are very flexible proving that they could be utilised for both dining and functions, the latter providing a further source of revenue. A well-equipped trade kitchen is located to the rear of the servery and easily caters for many covers. The ground-level cellar can more than cope with stock and storage requirements. Ever dreamt of being your 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 • Roadside property with good visibility, large car park and beer garden. The property has a lovely conservatory as well as a separate bar area. 2 sets of toilets a large open fireplace and behind-the-scenes and a very good-sized commercial kitchen. Business & Financial Information • Estimated ingoings (upfront): £11,795 • Full deposit: £11,000 • Agreement fee: £795 • Guide rent (weekly): £846 • Guide rent (annual): £44,000 • Forecast turnover (weekly): £550,586 • Forecast turnover (annual): £550,585 Ideal Operator Fantastic opportunity for an experienced food operator who could make this business the place to go to for that family friendly pub in what is the heart of Fair Oak.  Private Accommodation 3 bedroom flat with separate lounge and kitchen and can be accessed via an external back door. Regional Manager's Thoughts The current customer base is predominantly made up of people dining out. There is significant scope to increase trade with the right menu being offered. Pricing, marketing and execution would need to be developed to make this a viable venture. Trade is mostly drive-to, drawing from Fair Oak, Colden Common, Eastleigh and the wider district. The Fox and Hounds is a spacious pub with two bar areas and a large dining area, well-suited to the comprehensive food offer. This opportunity is perfect for a publican with a proven track record. Surrounding Area Fair Oak is a charming village located between Colden Common and Horton Heath.  The area is tree-lined with open farmland and fields, hinting at its rural character. Prominently situated alongside Winchester Road, the Fox and Hounds is easily accessible via the B3354. The high level of passing traffic is great for trade and can be capitalised on further. There are three schools within a half-mile radius with further secondary schools, colleges and specialist educational institutions in neighbouring Eastleigh. Regular public transport services link Fair Oak with Southampton via the railway station. The unspoiled natural habitat surrounding the village and the real sense of community spirit contribute to the Fox and Hound's untapped potential.

Upfront cost

£11,795
Cost type: Upfront

Key facts

Upfront cost
£11,795
Turnover (annual)
£550,585
Rent
£44,000 (annual)

Location

Winchester Road, Eastleigh, Hampshire SO50 7HB
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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