Bugle Hotel Titchfield
Summary
The Bugle Hotel is located in the picturesque village square of affluent Titchfield which is situated between Southampton and Fareham. The pub is full of history and enjoyed by the locals and visitors to the area for the letting rooms and the strong food and drinks offer.
Description
The Bugle Hotel is located in the picturesque village square of affluent Titchfield which is situated between Southampton and Fareham. The pub is full of history and enjoyed by the locals and visitors to the area for the letting rooms and the strong food and drinks offer. The Bugle currently operates from a traditional one bar operation which retains many of its original features. The front bar and dining area cater for approximately 30 covers with a welcoming atmosphere and benefiting from a large open fireplace. The rear building is utilised as a function room accommodating up to 80 covers sat down and up to 100 covers buffet-style, which has proven popular for weddings, live music and private parties. The Bugle Hotel has eight letting bedrooms in total, six en-suite and two singles with shared facilities. The modern trade kitchen is in excellent condition with new catering equipment. Externally, situated to the rear of the pub is a quiet and enclosed car park with space for approximately 10 vehicles. The private accommodation comprises a one bedroom, lounge bathroom and space for a small kitchenette.
Key Features
• Well established pub amongst locals and visitorsEight letting rooms to drive additional tradeFunction room with up to100 coversOne-bedroom private accommodation ideal for a coupleDiscounts of up to £120 per barrel but has an average of £100 per barrel
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): £417,167
• Forecast turnover (annual): £417,166
Ideal Operator
Stonegate Pub Partners are now seeking an experienced publican who has the ability to run a business with multiple revenue strands.
Private Accommodation
It comprises of a comfortable bedroom and lounge, bathroom and toilet and a small space for a kitchenette.
Regional Manager's Thoughts
This is a great opportunity for an experienced publican to take on a business with the ability to develop and grow its three sources of revenue: hotel, food and bar. Located in the heart of Titchfield and linked to the main motorway, it is ideal for business people looking for a place to stay, in the refurbished letting rooms and dine when working in the south coast, and for visitors to the area. With the right food and drinks offer combined with its facilities the Bugle will be the go-to pub for locals.
Surrounding Area
Titchfield is located between Locks Heath and Fareham. Close to Hill Head beach there are fantastic walks towards the coast and Titchfield Haven is renowned for its bird watching. Situated near to Junction 9 of the M7 the hotel is ideally linked. There is plenty to see and do in and around Titchfield including shopping and golf in Fareham and Whitely. Nearby is the historic Dockyard of Portsmouth which offers harbour boat tours and outlet shopping. There are many visitor attractions nearby including the famous Peppa pig world only 40 mins away, and slightly further afield but still within easy reach, are the historic cities of Southampton, Winchester and Salisbury.
Upfront cost
£7,795
Cost type:
Upfront
Key facts
Upfront cost
£7,795
Turnover (annual)
£417,166
Rent
£28,000 (annual)
Location
The Square, Fareham, Hampshire PO14 4RT
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.
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