Laarsens Basingstoke
Summary
The Laarsen’s is located in a pedestrian area near to Festival Place shopping centre in the heart of Basingstoke town centre. The pub is ideally situated for the local community in a busy high street shopping area where there is a weekly market and lots of retail outlets.
Description
The Laarsen’s is located in a pedestrian area near to Festival Place shopping centre in the heart of Basingstoke town centre. The pub is ideally situated for the local community in a busy high street shopping area where there is a weekly market and lots of retail outlets. The pub is extensive and large in size both internally and externally with three floors. The main customer area is located on the ground floor which hosts a large central bar servery and is surrounded by over 100 covers. There are at least six large TV screens ideally located so that customers can watch live sport from anywhere in the bar area and of course there are multiple boxes to watch different sports at the same time. In addition, there is a fully fitted trade kitchen capable of producing a good pub food offer. On the 2nd floor there is another bar area which can be used as an overflow or for private parties or functions. The private accommodation is spread across the 2nd and 3rd floor which comprises of six bedrooms, two kitchens and an office. Externally, there is a large, patio beer garden with a partially covered area with picnic bench seating. A convenient, medium sized car park is also on site for customers to use.
Key Features
• Town centre pub with well established tradeTV screens hosting live sportFully equipped trade kitchenSix-bedroom private accommodationDiscounts of up to £170 per barrel but has an average of £140 per barrel
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): £674,819
• Forecast turnover (annual): £674,819
Ideal Operator
There is the opportunity for an experienced new publican to position this business and make it into the best venue for live sport in Basingstoke.
Private Accommodation
The bedrooms are spread-out over 2 floors and have been generally used for storage and staffing accommodation in the past. Four of the rooms are doubles with the other 2 being singles.
Regional Manager's Thoughts
The Laarsen’s has traded to the local community for the past 20 years as a successful live sport venue that offers pub grub and entertainment.
Surrounding Area
Basingstoke is centrally located in Hampshire just off the M3 and west of the A34 and 15 miles south of the Reading junction of the M4. The town is also on the main South West train line between Waterloo and Bournemouth and has a number of primary and secondary schools as well as a main hospital. The town centre and suburban areas have grown over the years and now has over 100,000 residents. Within the town centre there is a large shopping centre called Festival Place which is regarded as one of the largest shopping centres in Hampshire and therefore attracts from far and wide, especially as both the buses and train stations are located within a one-minute walk.
Upfront cost
£5,795
Cost type:
Upfront
Key facts
Upfront cost
£5,795
Turnover (annual)
£674,819
Rent
£20,000 (annual)
Location
5-7 Wote Street, Basingstoke, Hampshire RG21 7NE
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.