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George & Falcon, Warnford

Southampton, SO32 3LB

Your investment

£7,000

Agreement Type

Short Term Only
  • Beautiful riverside location
  • Great opportunity to drive food sales
  • 6 spacious letting rooms

The George and Falcon is a Grade II listed building dating back to the 16th Century located on the A32 in the beautiful village of Warnford, Winchester. Admiral taverns have recently invested in a full external scheme. The Pub is full of character and traditional features, this country pub really is a hidden gem offering a fantastic experience to locals and visitors from further afield. The pub is also located 0.75 miles from the South Downs Way and walks have been designed from the pub to the official walking trails. The car parks, rooms and restaurant areas are the perfect venue to host walkers all year round. There are well established links and repeat business with several walking holiday companies. The Moorhen Trout Fishery is also only 0.25 miles away.

Pub Layout
Inside, this pub offers a large open log fire and wood burner in the snug, seating for 100+ people offering spacious dining for all, as well as a cosy snug area, and two separate dining areas that can also be booked for private functions. Whether you choose to eat informally around the bar or take a table into the restaurant, this pub really does have something to offer for all, including a pool room and ample parking to the side of the. In summer, the large French doors from the restaurant provides access to open air dining for up to 20 people on a beautiful terrace with wonderful views of the ample garden that borders the river Meon.

The pub offers a selection of English real ales, draught beers, wines and spirits in a warm, welcoming atmosphere. The menus offer a wide range of freshly cooked dishes and will change seasonally to reflect the finest, freshest produce available locally and is well known and very busy for its delicious Sunday Carvery. The pub has a full wedding license and has hosted many successful weddings over the years. Alongside this they host regular meetings for Jaguar, Mini Cooper, American Classic & Hot Rods and Alfa Romeo and is the ideal venue due to the large car parking facilities and separate dining areas.

Private Accommodation

On the second floor is the private accommodation consisting of two bedrooms, a bathroom and a kitchen.

Trade Accommodation

There are six letting bedrooms which consist of 5 double rooms and 1 single room. Four of the double rooms benefit from a bath and power drench shower.

Annual Rent: £TBC – Starting rent of £100 net p/w available.

Security Deposit: £3,000

Working Capital: £2,000

Stock: £2,000

Business Rates: Low*

F&F: TBC – Funding options may be available for the right licensee

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

*Based on the April 2023 rating list, the Low Rates Payable is based on small business rates relief being applied on a sliding scale and the licensee only occupying one property for commercial purposes.

We are seeking an experienced operator, with a proven track record and a passion for delivering exceptional customer service and retail standards. The selected applicant will need to be able to unlock the overall trading potential of this site. There is huge scope to develop all three income streams: food, drink and accommodation. The George and Falcon has the amenities and the facilities, to be the very heart of the community.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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