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Old Oyster House Southsea

Pubs & Bars • 291 Locksway Road, Southsea, Hampshire PO4 8LH Management opportunity
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Summary

The Old Oyster House is a charming and characterful pub located in Southsea, Portsmouth. With a rich history and a reputation for warm hospitality, it has become a popular spot for locals, families, and tourists.

Description

The Old Oyster House is a charming and characterful pub located in Southsea, Portsmouth. With a rich history and a reputation for warm hospitality, it has become a popular spot for locals, families, and tourists. Offering a versatile space for casual dining, socializing, and events, this pub is a true community hub with endless potential. Key Features • The pub offers a welcoming bar area, versatile seating, and a layout suitable for hosting live music, quiz nights, and private events. • A fantastic outdoor space, ideal for al fresco dining and summer gatherings. • A professional kitchen ready to support a varied and exciting food menu. • A loyal customer base and excellent connections to the local area, providing the perfect foundation for success. Business & Financial Information • Estimated ingoings (upfront): £5,000 • Full deposit: £5,000 • Guide rent (weekly): £385 • Guide rent (annual): £20,000 • Forecast turnover (weekly): £253,669 • Forecast turnover (annual): £253,668 Ideal Operator A passionate and ambitious individual or couple with a flair for hospitality. A strong understanding of customer service and the ability to create a welcoming environment. Creative ideas to develop The Old Oyster House as a go-to destination for food, drink, and events. A commitment to engaging with the local community and enhancing the pub’s reputation Private Accommodation The accommodation is made up of two flats, 1st Flat comprised of 3 rooms, kitchen, bathroom, and toilet. 2nd flat comprised of 2 rooms, office, kitchen, shower, and toilet. Regional Manager's Thoughts This is a unique chance to run a pub with a strong identity and a prime location in Southsea. Whether you’re an experienced publican or a motivated newcomer to the trade, The Old Oyster House offers an exciting opportunity to grow and thrive in a lively and supportive community. Surrounding Area Situated in the bustling area of Southsea, The Old Oyster House benefits from its proximity to key attractions, including Southsea Seafront, Canoe Lake, and the historic Portsmouth Dockyard. This vibrant area boasts a mix of lively culture, family-friendly activities, and a thriving food and drink scene. The pub is conveniently located with good transport links and ample parking, making it accessible for a wide range of customers.

Upfront cost

£5,000
Cost type: Upfront

Key facts

Upfront cost
£5,000
Turnover (annual)
£253,668
Rent
£20,000 (annual)

Location

291 Locksway Road, Southsea, Hampshire PO4 8LH
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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