Lower Basingwell Street, Bishops Waltham, Southampton, Hampshire, SO32 1AJ
A thriving public house which offers a ready made business and a fantastic opportunity for a new operator.
The Barleycorn is a very popular and busy public house located in the heart of Bishops Waltham. This business benefits from a very strong local community customer base supported by visitors and regular customers from the surrounding areas. The pub offers a great selection of drinks and is famous for its annual Gin Festival. Food is 'home cooked' and very good value. This is a two bar operation with a public / locals bar and lounge bar set up for both casual drinking and dining. There is a designated covered smoking area, large patio, extensive commercial garden and great car parking facilities
This is a two bar pub with a locals / public bar and a louge / dining area. The trade areas are in very good decorative order and the quirky appearance adds to an inviting and friendly feel and atmosphere. There are two sets of toilets that support each bar and an adequate commercial catering kitchen. Exceptional external trading space is complimented by a huge car park. There are detached outbuildings that house the cellar and additional storage facilities
|Car park spaces||30|
|Child play areas||1|
The private accomodation is in good decorative order. It is currently used in conjuction with providing a large office and packaged drinks storage facility for the business plus a seperate food storage area that can be used for food preparation. This space can be reconfigured to suit
|Annual rent||£55,000 per annum|
|Weekly rent||£1,057.69 per week fixed|
£55,000 per annum, £1,057.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approximately £41,435 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is equal to 25% of head rent. Fixtures and Fittings are valued at approximately £20,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.
|Fixtures & fittings||£20,000||Working capital||£5,000|
|Other costs||£960||Total entry cost||£41,435|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.
Calculators to help you are available on the business planning section of our website.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
|Volume notes||Please note this site is currently free of tie for wines and spirits|
Bishops Waltham is a suburb of Southampton and located circa 10 minutes drive from the M27 and 15 minutes from the M3. Southampton, Portsmouth and Winchester city centres are all only 30 minutes from the Barley Corn. There are local train stations at Botley and Fareham and numerous local amenities nearby including shops and schools
Current premises licence opening hours
Mon-Sat: 11:00-00:30 Sun: 11:00-23:00
Business Development Manager
Call the Recruitment team on 01284 714 497Apply online
“ The Barleycorn is a phenomenally successful business that offers new operators a fantastic opportunity. I am looking for an excellent operator who can maintain the great trade and engage with the local community. If you have the skills required, please contact the recruitment team for more information ”