Back to Search results

Swallow, Havant

Havant, PO9 5BE

Your investment

£10,000

Agreement Type

Tenancy

The Swallow is situated in the Leigh Park estates and approx. 1 mile from Havant and 5 miles from Portsmouth. The pub is on good public transport links and a short walk from the town centre and supermarket. The pub is a two-bar operation although the second bar has been used more as a function room for a while now.

The Swallow is situated in the Leigh Park estates and approx. 1 mile from Havant and 5 miles from Portsmouth. The pub is on good public transport links and a short walk from the town centre and supermarket.

Pub Layout

The pub is a two-bar operation although the second bar has been used more as a function room for a while now. There is a pool table and darts throw and pub games are popular with the locals. There is a small smoking solution to the rear and a car park and external area that could be utilised better to provide more external seating and facilities.

The Swallow is a traditional estate pub and trades to a customer base from the area mainly. It is a wet-led pub with pub games and offers some live sport and entertainment.

Private Accommodation

The private accommodation consists of three bedrooms, lounge, kitchen and bathroom.

 

Annual Rent: £22,500

Security Deposit: £5,000

Working Capital: £3,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options 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.

The Swallow has traded well in the past and needs to be taken on with a view to improving the offer to customers and adding to the facilities to compete with the local pub and social club that have taken market share since lockdown/reopening.

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)

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

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

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.


Keep up to date with vacancies

This field is for validation purposes and should be left unchanged.