Royal Albert Southsea

The Royal Albert enjoys a prime location on the busy Albert Road which is renowned for its cosmopolitan atmosphere and is the hub of the evening eating and drinking scene in Southsea. Boasting a large L-shaped bar the pub is well-presented with modern decor throughout.

The Royal Albert enjoys a prime location on the busy Albert Road which is renowned for its cosmopolitan atmosphere and is the hub of the evening eating and drinking scene in Southsea. Boasting a large L-shaped bar the pub is well-presented with modern decor throughout. It also has a great outside drinking area and smoking solution with its own TV. Key Features • The trading areas, accommodating 40 covers in total, are well-decorated and have quality fixtures and fittings. The open plan area is a horseshoe shape and there is an area close to the kitchen where food can be enjoyed. Decorated throughout, this area has wooden floors and a mixture of fixed and loose seating. To the right, you step down into a soft lounge/dining area which caters for diners. One largeL-shapedd bar servery caters for all trading areas. • Directly to the rear and easily accessible from the bar area, there is a selection of multi-coloured garden sheds which have been converted into a quirky covered seating area. The patio also has a large TV located on an external wall which can show live sports. The external area of the Royal Albert is a great place for friends to enjoy a drink and it is extremely popular. Business & Financial Information • Estimated ingoings (upfront): £11,545 • Full deposit: £10,750 • Agreement fee: £795 • Guide rent (weekly): £827 • Guide rent (annual): £43,000 • Forecast turnover (weekly): £539,498 • Forecast turnover (annual): £539,498 Ideal Operator We are looking for someone who is looking to elevate this lively high street pub and to immerse themselves into the local community. The site has some great characteristics to enable an energetic and enthusiastic Publican to really create the ideal site for the community in Southsea to enjoy.  Private Accommodation The accommodation is of a good size and is well decorated and furnished throughout. It comprises three bedrooms, a lounge, a kitchen, and bathroom. Regional Manager's Thoughts During the evening the pub is popular with the under 25’s market who come seeking entertainment. The new publican should look to develop this offer to appeal to a broader range of clientele throughout the day and evening. There is potential to improve the current food offer and take advantage of the open food counter. This is a great opportunity for an experienced publican to take on quality furbished premises and drive this business forward. Surrounding Area The pub is situated close to the popular Wedgewood Rooms and is at the heart of the entertainment area of Southsea. Albert Road is a bustling street of independent traders, quirky shops, restaurants, bars and cafes as well as antiques and crafts, and is busy throughout the day and night. There are a variety of licensed premises ranging from managed concepts offering value drinks to independent operators.