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ID : 26875

Fantastic opportunity – New Forest Concept Pub Restaurant Bar For Lease

£250,000.00

 (Fixed)

Description

Type : Sell
Warranty : No
Location : Ibsley, Ringwood, Hampshire, UK

Fantastic opportunity for the right people or group looking for a super cool pub venue in the new forest.

Newly Refurbished 11th Century Chocolate Box cottage Pub Restaurant.

New 15 Year Lease.

Freehouse

135 seats inside

3 outside areas.

Separate 2 bedroom cottage accommodation which could be used for staff accommodation or for guests looking to stay in a new forest pub.

The situation is that my team took over 7 months ago and rescued this business. We have worked tirelessly to fix and repair and build a team and a kitchen which is delivering possibly the best food in the area.

The premises is leashold with a brewery freeholder. However after constructive negotiations we have agreed very favourable terms.

Rent has been reduced from £96k down to £70k.

A new lease of 15 years is available

Removal or the brewery tie to a freehouse.

Turnover currently at this minute at £500k but heading for £15-20k per week.

I need to get out and am happy to negotiate a deal but am looking for offers in the region of £250k but open to sensible offers from a party that is in position to proceed and move quickly.

I will consider a part exchange deal

 

 

Location

Ibsley, Ringwood, Hampshire, UK
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