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Globe Inn Stonehouse

Pubs & Bars • High Street, Stonehouse, Gloucestershire GL10 2NG Management opportunity
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Summary

Not offered in a number of years, the Globe presents an excellent opportunity to those budding community Publicans to grow the current trade and put the Globe on the map as a real centre of Stonehouse life.

Description

The Globe is a well-located and attractive pub, on the High Street of Stonehouse and is one of only two pubs in the town centre. The pub has excellent facilities consisting of a lounge bar, public bar, skittle alley/function room, and a suitably sized catering kitchen. This is an excellent opportunity to expand on the good local trade, which is currently wet-led only, and capitalise on the additional trade opportunities locally. To the right-hand side of the building, there is a lounge bar with seating for approximately 20, with traditional fixtures and fittings and parquet flooring. There is a through bar from the main bar which services this area, but it is currently not being utilised. The main room has seating for approximately 30 and is more modern in its décor, with televisions, games machines, a juke box and a pool table. To the rear of the building is a skittle alley/function room that can cater for parties and events, with the ability to hold approximately 80 covers. To the front of the building is a patio area with 20 covers, complete with picnic tables, providing a highly visible retail offer. There is a large car park to the front of the property with space for 25 vehicles. Key Features • Well-located and attractive pub on the High Street of Stonehouse • Skittle alley/function room with 80 covers • TTVS game machines, jua jukeboxox and a pool table • Compact trade kitchen in place but currently unused, and presents a real growth opportunity Business & Financial Information • Estimated ingoings (upfront): £7,795 • Full deposit: £7,000 • Agreement fee: £795 • Guide rent (weekly): £538 • Guide rent (annual): £28,000 • Forecast turnover (weekly): £455,513 • Forecast turnover (annual): £455,512 Ideal Operator I'm looking for somebody who want's to immerse themselves in the small towns activities and unlock the Globe's potential of additional trade. Are you a couple looking to run a good community pub and do you have a passion for sport and pub games? Would you be able to run a simple food operation? Good you have the craic with the locals? Then this pub is for you, and I would love to talk to you, so make that enquiry now! Private Accommodation The private quarters with a separate entrance comprise three bedrooms, a lounge, a kitchen, bathroom on the first floor. Perfect family living accommodation. Regional Manager's Thoughts The Globe Inn is centred on the local community and has a good regular trade base. With a compact trade kitchen in place but currently unused, there is potential to develop a small bar menu to complement the existing wet trade. This is a great opportunity for new publicans to expand on the current revenue streams and put the Globe back on the map! Surrounding Area The Globe Inn is located in Stonehouse town centre, and is surrounded by high street shops and businesses with suburban housing in close proximity, as well as a small industrial estate and local schools. With the M5 motorway only minutes away, the towns of Stroud, Cirencester, Cheltenham and Gloucester are all within easy reach. The town also benefits from a train station with direct links to London.

Upfront cost

£7,795
Cost type: Upfront

Key facts

Upfront cost
£7,795
Turnover (annual)
£455,512
Rent
£28,000 (annual)

Location

High Street, Stonehouse, Gloucestershire GL10 2NG
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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