BusinessSales.ltd Logo

Pheasant Salisbury

Pubs & Bars • 19 Salt Lane, Salisbury, Wiltshire SP1 1DT Management opportunity
Listing image

Summary

The Pheasant Inn is a beautiful character pub located in Salt Lane Salisbury, successful with its food offering. The pub has approximately 60 covers in the restaurant area with a spacious function room situated upstairs, seating between 30-40 covers comfortably.

Description

The Pheasant Inn is a beautiful character pub located in Salt Lane Salisbury, successful with its food offering. The pub has approximately 60 covers in the restaurant area with a spacious function room situated upstairs, seating between 30-40 covers comfortably. There is a small outdoor courtyard area that can seat a further 16 persons, ideal for after-work drinks in the sunshine. The property also comes with a separate two-bedroomed cottage, situated next-door to the pub which is in good decorative order. Key Features • Beautifully presented both internally and externally • Quaint two-bedroom cottage next door, which would come with the letting agreement. • Two-bedroomed private accommodation above the pub is ideal for a couple • Small Courtyard externally within the fabric of the building • The Function Room upstairs is ideal for functions and events  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): £560,424 • Forecast turnover (annual): £560,423 Ideal Operator Stonegate Pub Partners is seeking an experienced food-led publican to take over this fantastic business venture and make the pub the hub of the community. Private Accommodation The pub has private accommodation consisting of two bedrooms, a bathroom, a lounge and kitchen. Regional Manager's Thoughts The Pheasant Inn presents itself as an outstanding opportunity for an experienced operator to really make their mark on this superb, quaint pub, thriving with history. Food is a key driver of the business, and I am looking for an operator with a firm knowledge of food who will create a varied menu with an appropriate drinks pairing. With 60 dining covers, a function room and situated in an excellent location, this is a fantastic opportunity for an experienced publican with great marketing skills to develop both the food side of the business and utilise the function room to its full potential. Surrounding Area Located opposite Salt Lane pay and display car park, The Pheasant is only a short walk to the historic Salisbury Cathedral and local market square encouraging a large footfall from the surrounding local community. World famous historic landmarks such as Stonehenge and Woodhenge are a short distance away with brilliant transport links from these sites to the city via road and rail. the Local Church and council offices are also only a short distance away ideal to network to encourage Wedding Receptions, Private Functions and Events. 

Upfront cost

£11,795
Cost type: Upfront

Key facts

Upfront cost
£11,795
Turnover (annual)
£560,423
Rent
£44,000 (annual)

Location

19 Salt Lane, Salisbury, Wiltshire SP1 1DT
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

Enquire

Message the seller. We’ll forward your details so they can reply directly.
By sending, you agree we may forward your message and contact details to the seller for this listing only.