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Grantham Arms Eastleigh

Pubs & Bars • 177-179 Chamberlayne Road, Eastleigh, Hampshire SO50 5HZ Management opportunity
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Summary

The Grantham Arms is a traditional wet led pub located in a sort after residential area in Eastleigh. The Grantham has a good size bar and trading space, ideal for sport and entertainment.

Description

The Grantham Arms is a traditional wet led pub located in a sort after residential area in Eastleigh. The Grantham has a good size bar and trading space, ideal for sport and entertainment. The pub has a traditional feel and whilst there is investment planned, it's likely that we'd try and keep the traditional appearance and bring out the attractive features within the pub to enhance the consumer experience. There is also a courtyard to the rear which could be modernised as part of the investment with space for tables in front of the pub also with a smoking shelter at the side of the pub. The private accommodation consists of three bedrooms living with a private bathroom and kitchen. Key Features • Traditional wet led pub located in a sort after residential area in Eastleigh.Investment plannedCourtyard area with additional spaceThree-bedroom private accommodation ideal for a familyDiscounts of up £200 per barrel with an average of £160 per barrel Business & Financial Information • Estimated ingoings (upfront): £3,295 • Full deposit: £2,500 • Agreement fee: £795 • Guide rent (weekly): £192 • Guide rent (annual): £10,000 • Forecast turnover (weekly): £298,349 • Forecast turnover (annual): £298,349 Ideal Operator Stonegate Pub Partners are seeking an experienced publican to take on this sports driven local. Private Accommodation Three bedroom living accommodation with a private bathroom and kitchen. Regional Manager's Thoughts The Grantham Arms is an attractive corner plot pub that has been approved for investment. The traditional tiled exterior makes it an appealing pub to consumers passing by and the investment would help modernise the offer. There are plenty of consumers to target in this well populated area with a number of local businesses surrounding the pub. The pub also benefits from local sports teams that use it as a base and has the potential to attract a much wider audience. The courtyard to the rear and space at the front of the pub mean the trade apace can be extended in the summer months. Surrounding Area The pub is surrounded by residential housing and a good number of local businesses including the colleges. Grantham Green Park is next to the pub so there are plenty of consumers to target within walking distance.

Upfront cost

£3,295
Cost type: Upfront

Key facts

Upfront cost
£3,295
Turnover (annual)
£298,349
Rent
£10,000 (annual)

Location

177-179 Chamberlayne Road, Eastleigh, Hampshire SO50 5HZ
Location shown at seller’s request for confidentiality. Exact details may be available after enquiry.

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